PEOPLE: Binance ↔ HyperLiquid arbitrage

PEOPLE arbitrage between Binance and HyperLiquid: we compare the price of PEOPLE on Binance (futures) and HyperLiquid (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

PEOPLE: Binance — deposit open, withdrawal open.

Open interest in PEOPLE right now — $24.0M: Binance $6.9M, OKX $4.3M, HyperLiquid $4.0M, BingX $2.7M, Bybit $2.6M. See OI PEOPLE.

About PEOPLE arbitrage

How do I read the PEOPLE spread?

The spread is how many percent higher PEOPLE trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Binance and HyperLiquid. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get PEOPLE alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.