Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.485%
Price spread now: KuCoin against BingX−0.052%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$461as in the Funding arb table
Net, price: spread back to 7d avg − costs−$473as in the Price arb table
costs, in and out, $10k−$4744.738% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.052%, 7d avg −0.060%
=The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STEEM-USDT | 0.05768 | 0.0070 | pay 0.0035% / 4h | 2h 27m | — | $1.6M | — |
| Short | KuCoin STEEMUSDTM | 0.05765 | 0.0100 | get 0.0050% / 4h | 2h 27m | $423K | $95K | 30x |
BingX STEEM-USDT
KuCoin STEEMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $6.3
- Price spread: −0.052% → −0.060%
- $0.82
- Slippage, 4 orders
- −$451.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$466.66
- Costs to cover
- 4.738%
- Break-even
- 525.5 days
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 10 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, 10 min ago | 5.21 bp | 38.9 bp −$39 | 89.2 bp −$892 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 18.24 bp | 248.9 bp −$249 | 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 | 0.05768 | long leg | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05774 | +0.101% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05775 | +0.123% | $2.1M | $3.6M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05776 | +0.139% | $419K | $123K | 20x | as long as short |
| KuCoin STEEMUSDTMshort | +0.0100% | 4h | 0.05765 | −0.052% | $423K | $95K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05775 | +0.121% | $492K | $292K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05759 | −0.163% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05763 | −0.087% | $36K | $40K | 20x | as long as short |
| Gate STEEM_USDT | +0.0320% | 4h | 0.05778 | +0.173% | $280K | $118K | 20x | as long as short |
| Bybit STEEMUSDT | +0.1972% | 4h | 0.05758 | −0.173% | $1.3M | $1.1M | 13x | as long as short |
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Gate 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 | +0.2861% | 1h | 0.05792 | +0.423% | $8K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD