Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.103%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$419as in the Funding arb table
Net, price: spread back to 7d avg − costs−$489as in the Price arb table
costs, in and out, $10k−$4794.790% of the position
Funding, last 7 days+0.598%+$60 on $10k
+Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.103%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.100% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STEEMUSDT | 0.05818 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $2.1M | $3.5M | 25x |
| Short | KuCoin STEEMUSDTM | 0.05812 | 0.0100 | get 0.0050% / 4h | 3h 12m | $418K | $93K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.103% → −0.004%
- −$9.96
- Slippage, 4 orders
- −$457.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$488.99
- Costs to cover
- 4.790%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 39 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 1.72 bp | 35.9 bp −$36 | 137.1 bp −$1,371 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 min ago | 45.07 bp | 255.8 bp −$256 | doesn't fit | doesn't fit | doesn't fit |
STEEM on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05810 | −0.138% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05813 | −0.085% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDTlong | +0.0100% | 4h | 0.05818 | long leg | $2.1M | $3.5M | 25x | |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05812 | −0.103% | $431K | $123K | 20x | as long as short |
| KuCoin STEEMUSDTMshort | +0.0100% | 4h | 0.05812 | −0.103% | $418K | $93K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05820 | +0.034% | $490K | $290K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05777 | −0.703% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05805 | −0.223% | $40K | $33K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0142% | 4h | 0.05795 | −0.395% | $1.3M | $1.1M | 13x | as long as short |
| Gate STEEM_USDT | +0.0422% | 4h | 0.05820 | +0.034% | $290K | $112K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.0542% | 1h | 0.05834 | +0.282% | $8K | $5K | 10x | as long as short |
Binance STEEMUSDT
KuCoin STEEMUSDTM
BingX STEEM-USDT
Aster STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Bybit STEEMUSDT
Gate STEEM_USDT
Kraken Futures PF_STEEMUSD