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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0170%/8h= −18.6% APRnext payment $1.70 per $10,000 · paid last 24h −0.028%
Price spread now: Variational Omni against MEXC−0.047%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 4 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 −$5 a day on $10k at the current rate, and Variational Omni is 0.047% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEOPLE_USDT0.0091950.0100pay 0.0100% / 8h5h 46m$695K$325K200x
ShortVariational Omni PEOPLE0.009191−0.0070pay 0.0070% / 8h5h 46m$5K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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
−$35.61
Price spread: −0.047% → 0.000%
−$4.72
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$44.34
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 60 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 MEXC live order book, 60 min ago0.54 bp6.2 bp −$628.7 bp −$287241.9 bp −$24.2K492.8 bp −$246.4K
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 15 exchanges

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−0.0701%1h0.009195+0.001%$36K$47K10xas long as short
Bybit PEOPLEUSDT−0.0118%8h0.009191−0.044%$1.7M$2.6M50xas long as short
Variational Omni PEOPLEshort−0.0070%8h0.009191−0.047%$5K$5K
Hyperliquid PEOPLE+0.0100%1h0.009199+0.044%$436K$320K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009194−0.013%$11K$76K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009199+0.044%$5.7M$16.9M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009197+0.022%$3.4M$9.0M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009203+0.087%$771K$1.6M50xas long as short
MEXC PEOPLE_USDTlong+0.0100%8h0.009195long leg$695K$325K200x
KuCoin PEOPLEUSDTM+0.0100%8h0.009196+0.011%$667K$137K50xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009205+0.109%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009193−0.022%$12.4Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009203+0.087%$43K$42K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009199+0.046%$1845xas long as short
BloFin PEOPLE-USDT+0.0124%8h0.009192−0.033%$353K$108K50xas long as short