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+0.0153%/8h= +16.8% APRnext payment +$1.53 per $10,000 · paid last 24h +0.019%
Price spread now: Bitget against Variational Omni−0.327%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
Funding pays, the price is against you. Bitget is 0.327% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.327% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 7.1 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009203−0.0053get 0.0053% / 8h2h 33m$6K$4K
ShortBitget PEOPLEUSDT0.0091730.0100get 0.0100% / 8h2h 33m$1.8M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$32.17
Price spread: −0.327% → 0.000%
−$32.68
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$12.51
Costs to cover
0.120%
Break-even
9.7 days
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago5.97 bp39.6 bp −$4099.9 bp −$999doesn'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−0.0600%1h0.009168−0.379%$35K$48K10xas long as short
Gate PEOPLE_USDT−0.0060%8h0.009173−0.327%$779K$1.7M50xas long as short
Variational Omni PEOPLElong−0.0053%8h0.009203long leg$6K$4K
KuCoin PEOPLEUSDTM+0.0022%8h0.009174−0.316%$655K$160K50xas long as short
Bybit PEOPLEUSDT+0.0073%8h0.009160−0.468%$1.7M$2.7M50xas long as short
MEXC PEOPLE_USDT+0.0090%8h0.009169−0.370%$681K$316K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0092%8h0.009174−0.316%$3.4M$9.4M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009166−0.403%$434K$332K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009177−0.283%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009176−0.294%$5.7M$18.1M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDTshort+0.0100%8h0.009173−0.327%$1.8M$1.4M50x
BingX PEOPLE-USDT+0.0100%8h0.009177−0.283%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009186−0.186%$43K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009173−0.325%$1845xas long as short
BloFin PEOPLE-USDT+0.0123%8h0.009235+0.347%$359K$104K50xas long as short