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−0.0412%/8h= −45.2% APRnext payment $2.06 per $10,000 · paid last 24h −0.575%
Price spread now: HTX against Bybit−0.086%7-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 −$12 a day on $10k at the current rate, and HTX is 0.086% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STEEMUSDT0.058000.0512pay 0.0256% / 4h2h 56m$1.3M$1.0M13x
ShortHTX STEEM-USDT0.057950.0100get 0.0050% / 4h2h 56m$37K$45K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
−$86.59
Price spread: −0.086% → 0.000%
−$8.62
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$118.21
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago5.18 bp118.3 bp −$118177.4 bp −$1,774doesn'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
BingX STEEM-USDT+0.0070%4h0.05811+0.190%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05813+0.219%$17K$11K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05809+0.157%$2.1M$3.6M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05809+0.155%$426K$127K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05807+0.121%$431K$97K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05811+0.190%$486K$289K25xas long as short
Variational Omni STEEM+0.0100%4h0.05790−0.173%$12K$147as long as short
HTX STEEM-USDTshort+0.0100%4h0.05795−0.086%$37K$45K20x
Gate STEEM_USDT+0.0398%4h0.05808+0.138%$282K$102K20xas long as short
Bybit STEEMUSDTlong+0.0512%4h0.05800long leg$1.3M$1.0M13x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.2782%1h0.05835+0.602%$8K$5K10xas long as short