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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1432%/8h= −156.8% APRnext payment $7.16 per $10,000 · paid last 24h −0.114%
Price spread now: Variational Omni against Bybit−0.083%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and Variational Omni is 0.083% cheaper against Bybit than usual: you would sell low and buy high (−$8 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 STEEMUSDT0.057300.2168pay 0.1084% / 4h58m 59s$1.3M$972K13x
ShortVariational Omni STEEM0.057250.0736get 0.0368% / 4h58m 59s$12K$147

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$300.7
Price spread: −0.083% → 0.000%
−$8.33
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$320.03
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: 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, 2 min ago1.75 bp75.8 bp −$76168.1 bp −$1,681doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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%4h0.05753+0.401%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05759+0.514%$16K$10K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05751+0.365%$2.1M$3.4M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05754+0.419%$425K$109K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05753+0.401%$418K$92K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05751+0.366%$449K$239K25xas long as short
HTX STEEM-USDT+0.0100%4h0.05742+0.209%$40K$32K20xas long as short
Kraken Futures PF_STEEMUSD+0.0644%1h0.05769+0.678%$8K$5K10xas long as short
Variational Omni STEEMshort+0.0736%4h0.05725−0.083%$12K$147
Gate STEEM_USDT+0.1426%4h0.05751+0.366%$288K$120K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STEEMUSDTlong+0.2168%4h0.05730long leg$1.3M$972K13x