Funding you earn now, next payment 00:00 UTC−0.1256%/8h= −137.5% APRnext payment −$6.28 per $10,000 · paid last 24h −0.212%
Price spread now: Aster against Gate−0.337%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Aster is 0.337% cheaper against Gate than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STEEM_USDT | 0.05754 | 0.1356 | pay 0.0678% / 4h | 2h 18m | $288K | $120K | 20x |
| Short | Aster STEEMUSDT | 0.05735 | 0.0100 | get 0.0050% / 4h | 2h 18m | $16K | $10K | 5x |
Gate STEEM_USDT
Aster STEEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- −$263.76
- Price spread: −0.337% → 0.000%
- −$33.72
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$320.48
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 66 min ago; Aster: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 66 min ago | 1.74 bp | 177.2 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | −0.0633% | 1h | 0.05761 | +0.117% | $8K | $5K | 10x | as long as short |
| HTX STEEM-USDT | −0.0140% | 4h | 0.05735 | −0.330% | $40K | $33K | 20x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05735 | −0.330% | — | $1.6M | — | as long as short |
| Aster STEEMUSDTshort | +0.0100% | 4h | 0.05735 | −0.337% | $16K | $10K | 5x | |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05743 | −0.186% | $2.1M | $3.4M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05743 | −0.191% | $426K | $113K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05740 | −0.243% | $415K | $91K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05743 | −0.191% | $447K | $232K | 25x | as long as short |
| Gate STEEM_USDTlong | +0.1356% | 4h | 0.05754 | long leg | $288K | $120K | 20x | |
| Variational Omni STEEM | +0.2745% | 4h | 0.05715 | −0.675% | $12K | $147 | — | as long as short |
Kraken Futures PF_STEEMUSD
HTX STEEM-USDT
BingX STEEM-USDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.3663% | 4h | 0.05714 | −0.695% | $1.3M | $967K | 13x | as long as short |
Bybit STEEMUSDT