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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.5010%/8h= +548.6% APRpaid last 24h +0.228%
Price spread now: Kraken Futures against HTX+0.805%59s7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$150 a day on $10k at the current rate, and Kraken Futures is 0.805% dearer against HTX than usual: you sell high and buy low: +$80 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX STEEM-USDT0.057790.0100pay 0.0050% / 4h1h 37m$37K$44K20x
ShortKraken Futures PF_STEEMUSD0.058260.5110get 0.0639% / 1h37m 22s$8K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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
$1,052.08
Price spread: +0.805% → 0.000%
$80.48
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1,110.56
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; Kraken Futures: 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 HTX no order-book sample
Sell Kraken Futures no order-book sample
HTX and Kraken Futures: 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%4h0.05795+0.277%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05799+0.344%$16K$11K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05805+0.458%$2.1M$3.6M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05803+0.415%$428K$130K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05795+0.277%$432K$95K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05806+0.467%$487K$295K25xas long as short
Variational Omni STEEM+0.0100%4h0.05787+0.147%$12K$147as long as short
HTX STEEM-USDTlong+0.0100%4h0.05779long leg$37K$44K20x
Bybit STEEMUSDT+0.0667%4h0.05794+0.260%$1.2M$998K13xas long as short
Gate STEEM_USDT+0.0682%4h0.05804+0.433%$285K$105K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSDshort+0.5110%1h0.05826+0.805%$8K$6K10x