Funding you earn now, next payment 04:00 UTC+0.0496%/8h= +54.3% APRnext payment +$2.48 per $10,000 · paid last 24h −0.247%
Price spread now: Gate against BingX+0.068%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$445as in the Price arb table
costs, in and out, $10k−$4484.477% of the position
Funding, last 7 days+1.210%+$121 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.068%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 0.030% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STEEM-USDT | 0.05866 | 0.0070 | pay 0.0035% / 4h | 31m 57s | — | $1.6M | — |
| Short | Gate STEEM_USDT | 0.05870 | 0.0566 | get 0.0283% / 4h | 31m 57s | $284K | $106K | 20x |
BingX STEEM-USDT
Gate STEEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $104.16
- Price spread: +0.068% → +0.038%
- $3.02
- Slippage, 4 orders
- −$422.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$340.49
- Costs to cover
- 4.477%
- Break-even
- 29.9 days
Slippage from BingX: live order book, 15 min ago; Gate: live order book, 20 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 BingX live order book, 15 min ago | 6.87 bp | 42.6 bp −$43 | 105.2 bp −$1,052 | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 10.28 bp | 191.3 bp −$191 | 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-USDTlong | +0.0070% | 4h | 0.05866 | long leg | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05872 | +0.094% | $17K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05869 | +0.051% | $2.1M | $3.5M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05865 | −0.017% | $423K | $124K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05860 | −0.102% | $433K | $95K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05868 | +0.034% | $497K | $293K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05829 | −0.623% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05863 | −0.051% | $37K | $47K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0276% | 4h | 0.05861 | −0.085% | $1.3M | $1.0M | 13x | as long as short |
| Gate STEEM_USDTshort | +0.0566% | 4h | 0.05870 | +0.068% | $284K | $106K | 20x |
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Bybit STEEMUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.3175% | 1h | 0.05902 | +0.606% | $9K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD