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

STEEM

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Alert: funding
Alert: spread
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: MEXC against Bitget−0.069%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$860.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.069%, 7d avg −0.013%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.056% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STEEMUSDT0.057990.0100pay 0.0050% / 4h1h 17m$490K$301K25x
ShortMEXC STEEM_USDT0.057950.0100get 0.0050% / 4h1h 17m$418K$125K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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
$0
Price spread: −0.069% → −0.013%
−$5.58
Slippage, 4 orders
−$66.32
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$91.9
Costs to cover
0.863%
Break-even
never at this rate
Slippage from Bitget: live order book, 39 min ago; MEXC: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 39 min ago7.81 bp30.9 bp −$31178.4 bp −$1,784doesn't fitdoesn't fit
Sell MEXC live order book, 28 min ago0.87 bp9.3 bp −$990.1 bp −$901154.3 bp −$15.4Kdoesn't fit

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
BingX STEEM-USDT+0.0070%4h0.05794−0.086%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05797−0.043%$16K$10K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05798−0.019%$2.1M$3.5M25xas long as short
MEXC STEEM_USDTshort+0.0100%4h0.05795−0.069%$418K$125K20x
KuCoin STEEMUSDTM+0.0100%4h0.05787−0.207%$426K$95K30xas long as short
Bitget STEEMUSDTlong+0.0100%4h0.05799long leg$490K$301K25x
Variational Omni STEEM+0.0100%4h0.05787−0.200%$12K$147as long as short
HTX STEEM-USDT+0.0100%4h0.05796−0.052%$37K$48K20xas long as short
Gate STEEM_USDT+0.0438%4h0.05800+0.017%$280K$117K20xas long as short
Bybit STEEMUSDT+0.1030%4h0.05782−0.293%$1.3M$1.1M13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.3128%1h0.05818+0.328%$8K$5K10xas long as short