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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.158%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 4 days (all we have)+0.543%+$54 · spread now +0.158%, 7d avg +0.020%
Together, before fees+0.597%+$60 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.137% dearer against Binance than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance STEEMUSDT0.058290.0100pay 0.0050% / 4h3h 40m$2.1M$3.7M25x
ShortBitget STEEMUSDT0.058380.0100get 0.0050% / 4h3h 40m$482K$303K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$0
Price spread: +0.158% → +0.020%
$13.71
Slippage, 4 orders
−$107.64
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$115.93
Costs to cover
1.296%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.86 bp33.1 bp −$33100.1 bp −$1,001doesn't fitdoesn't fit
Sell Bitget live order book, 51 min ago10.30 bp24.6 bp −$25162.2 bp −$1,622doesn't fitdoesn't fit

STEEM on 11 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
BingX STEEM-USDT+0.0070%4h0.05830+0.020%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05835+0.106%$17K$11K5xas long as short
Binance STEEMUSDTlong+0.0100%4h0.05829long leg$2.1M$3.7M25x
MEXC STEEM_USDT+0.0100%4h0.05831+0.038%$489K$145K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05827−0.031%$436K$93K30xas long as short
Bitget STEEMUSDTshort+0.0100%4h0.05838+0.158%$482K$303K25x
Variational Omni STEEM+0.0100%4h0.05822−0.125%$12K$267as long as short
HTX STEEM-USDT+0.0100%4h0.05816−0.220%$39K$56K20xas long as short
Gate STEEM_USDT+0.0436%4h0.05834+0.089%$287K$100K20xas long as short
Bybit STEEMUSDT+0.0946%4h0.05813−0.271%$1.3M$916K13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.3906%1h0.05853+0.415%$8K$6K10xas long as short