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% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against Variational Omni+0.018%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 · Hyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009212−0.0015get 0.0015% / 8h47m 25s$6K$3K
ShortHyperliquid PEOPLE0.0092140.0100get 0.0013% / 1h47m 25s$428K$213K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.018% → 0.000%
$1.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$16.9
Costs to cover
0.090%
Break-even
2.1 days
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 13 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 Hyperliquid live order book, 13 min ago1.64 bp15.3 bp −$15doesn't fitdoesn'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−0.1063%1h0.009212−0.006%$36K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0083%8h0.009198−0.156%$657K$123K50xas long as short
Variational Omni PEOPLElong−0.0015%8h0.009212long leg$6K$3K
BloFin PEOPLE-USDT+0.0086%8h0.009218+0.061%$348K$86K50xas long as short
Hyperliquid PEOPLEshort+0.0100%1h0.009214+0.018%$428K$213K3x
Aster PEOPLEUSDT+0.0100%8h0.009215+0.029%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009214+0.013%$5.6M$15.1M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009213+0.007%$1.6M$2.2M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009206−0.069%$3.3M$8.5M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009217+0.050%$777K$1.4M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009207−0.058%$681K$304K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009208−0.047%$1.7M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009214+0.018%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009219+0.072%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009213+0.005%$1845xas long as short