Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.131%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1071.074% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)−0.526%−$53 · spread now +0.131%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.157% dearer against Bitget than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STEEMUSDT | 0.05725 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $446K | $232K | 25x |
| Short | Binance STEEMUSDT | 0.05733 | 0.0100 | get 0.0050% / 4h | 1h 56m | $2.1M | $3.4M | 25x |
Bitget STEEMUSDT
Binance STEEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.131% → −0.025%
- $15.67
- Slippage, 4 orders
- −$85.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.77
- Costs to cover
- 1.074%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 19 min ago; Binance: 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 Bitget live order book, 19 min ago | 6.11 bp | 35.5 bp −$35 | 144.6 bp −$1,446 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.75 bp | 26.5 bp −$27 | 88.2 bp −$882 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | −0.0381% | 1h | 0.05738 | +0.225% | $8K | $5K | 10x | as long as short |
| HTX STEEM-USDT | +0.0042% | 4h | 0.05721 | −0.070% | $40K | $33K | 20x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05716 | −0.157% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05721 | −0.075% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDTshort | +0.0100% | 4h | 0.05733 | +0.131% | $2.1M | $3.4M | 25x | |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05723 | −0.035% | $423K | $111K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05723 | −0.035% | $414K | $91K | 30x | as long as short |
| Bitget STEEMUSDTlong | +0.0100% | 4h | 0.05725 | long leg | $446K | $232K | 25x | |
| Gate STEEM_USDT | +0.1412% | 4h | 0.05736 | +0.192% | $287K | $120K | 20x | as long as short |
| Variational Omni STEEM | +0.2148% | 4h | 0.05696 | −0.501% | $12K | $147 | — | as long as short |
Kraken Futures PF_STEEMUSD
HTX STEEM-USDT
BingX STEEM-USDT
Aster STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Gate STEEM_USDT
Variational Omni STEEMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.3371% | 4h | 0.05705 | −0.349% | $1.3M | $969K | 13x | as long as short |
Bybit STEEMUSDT