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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0171%/8h= −18.8% APRnext payment $1.71 per $10,000 · paid last 24h −0.008%
Price spread now: Variational Omni against OKX−0.566%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 −$5 a day on $10k at the current rate, and Variational Omni is 0.566% cheaper against OKX than usual: you would sell low and buy high (−$57 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEOPLE-USDT-SWAP0.0092570.0100pay 0.0100% / 8h3h 30m$3.4M$8.5M20x
ShortVariational Omni PEOPLE0.009205−0.0071pay 0.0071% / 8h3h 30m$6K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
−$35.97
Price spread: −0.566% → 0.000%
−$56.56
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$102.54
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago2.71 bp17.3 bp −$17105.6 bp −$1,056doesn'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 15 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−0.1240%1h0.009241−0.170%$36K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0116%8h0.009242−0.162%$667K$119K50xas long as short
Variational Omni PEOPLEshort−0.0071%8h0.009205−0.566%$6K$4K
Bybit PEOPLEUSDT+0.0035%8h0.009247−0.108%$1.6M$2.1M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009253−0.043%$433K$212K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009259+0.019%$8K$74K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009258+0.011%$5.4M$15.0M50xas long as short
OKX PEOPLE-USDT-SWAPlong+0.0100%8h0.009257long leg$3.4M$8.5M20x
Gate PEOPLE_USDT+0.0100%8h0.009260+0.032%$777K$1.5M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009253−0.043%$662K$300K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009253−0.043%$1.7M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.0092570.000%$5.4Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009246−0.119%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009257−0.004%$1855xas long as short
BloFin PEOPLE-USDT+0.0123%8h0.009248−0.097%$346K$84K50xas long as short