Settings8H · net · $10k
Funding arb · Price arb /

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment $0.39 per $10,000 · paid last 24h +0.008%
Price spread now: Variational Omni against KuCoin−0.033%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PEOPLEUSDTM0.0092700.0018pay 0.0018% / 8h5h 51m$677K$146K50x
ShortVariational Omni PEOPLE0.009267−0.0021pay 0.0021% / 8h5h 51m$6K$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$8.22
Price spread: −0.033% → 0.000%
−$3.27
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$23.49
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 47 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 47 min ago12.53 bp36.3 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PEOPLE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSD−0.1074%1h0.009254−0.168%$36K$45K10xas long as short
Gate PEOPLE_USDT−0.0596%8h0.009250−0.216%$737K$1.5M50xas long as short
Variational Omni PEOPLEshort−0.0021%8h0.009267−0.033%$6K$2K
KuCoin PEOPLEUSDTMlong+0.0018%8h0.009270long leg$677K$146K50x
Bybit PEOPLEUSDT+0.0086%8h0.009250−0.216%$1.7M$2.3M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009254−0.173%$427K$224K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009269−0.013%$10K$77K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009254−0.177%$5.7M$16.2M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009244−0.280%$3.3M$8.7M20xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009248−0.237%$685K$297K200xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009253−0.183%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009248−0.237%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009258−0.129%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009258−0.127%$1865xas long as short