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+0.0115%/8h= +12.6% APRnext payment +$1.15 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Variational Omni+0.092%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.092% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009125−0.0015get 0.0015% / 8h20m 23s$6K$3K
ShortBinance PEOPLEUSDT0.0091340.0100get 0.0100% / 8h20m 23s$5.5M$15.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$24.11
Price spread: +0.092% → 0.000%
$9.2
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$23.31
Costs to cover
0.100%
Break-even
0.2 days
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 5 min ago. 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 Variational Omni no order-book sample
Sell Binance live order book, 5 min ago0.55 bp12.9 bp −$1340.9 bp −$409doesn't fitdoesn't fit
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−0.1074%1h0.009120−0.062%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0141%8h0.009114−0.123%$652K$123K50xas long as short
Variational Omni PEOPLElong−0.0015%8h0.009125long leg$6K$3K
MEXC PEOPLE_USDT+0.0073%8h0.009132+0.074%$675K$306K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0075%8h0.009132+0.074%$3.3M$8.5M20xas long as short
BloFin PEOPLE-USDT+0.0098%8h0.009129+0.041%$349K$86K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009135+0.107%$424K$213K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009133+0.090%$8K$75K5xas long as short
Binance PEOPLEUSDTshort+0.0100%8h0.009134+0.092%$5.5M$15.2M50x
Bybit PEOPLEUSDT+0.0100%8h0.009129+0.041%$1.6M$2.2M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PEOPLE_USDT+0.0100%8h0.009131+0.063%$751K$1.5M50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009130+0.052%$1.7M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009133+0.085%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009135+0.107%$43K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009132+0.071%$1825xas long as short