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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.15 per $10,000 · paid last 24h −0.484%
Price spread now: HTX against BingX−0.070%52s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.070% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STEEM-USDT0.057280.0070pay 0.0035% / 4h2h 23m$1.6M
ShortHTX STEEM-USDT0.057240.0041get 0.0020% / 4h2h 23m$37K$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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
−$6.19
Price spread: −0.070% → 0.000%
−$6.98
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$35.18
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 min ago; HTX: no order-book sample. 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 BingX live order book, 8 min ago6.11 bp30.1 bp −$3090.2 bp −$902doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.

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
HTX STEEM-USDTshort+0.0041%4h0.05724−0.070%$37K$43K20x
BingX STEEM-USDTlong+0.0070%4h0.05728long leg$1.6M
Aster STEEMUSDT+0.0100%4h0.05733+0.091%$16K$11K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05728−0.004%$2.0M$3.6M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.057280.000%$420K$130K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05731+0.052%$427K$96K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05734+0.105%$480K$288K25xas long as short
Variational Omni STEEM+0.0100%4h0.05719−0.165%$12K$147as long as short
Bybit STEEMUSDT+0.0390%4h0.05718−0.175%$1.2M$1.0M13xas long as short
Gate STEEM_USDT+0.0458%4h0.05729+0.017%$282K$105K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.2818%1h0.05762+0.592%$8K$5K10xas long as short