Funding you earn now, next payment 23:00 UTC+0.0481%/8h= +52.7% APRpaid last 24h −0.165%
Price spread now: Binance against Kraken Futures−0.167%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 0.167% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.167% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 28 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_STEEMUSD | 0.05740 | −0.0381 | get 0.0048% / 1h | 38m 34s | $8K | $5K | 10x |
| Short | Binance STEEMUSDT | 0.05730 | 0.0100 | get 0.0050% / 4h | 1h 38m | $2.1M | $3.4M | 25x |
Kraken Futures PF_STEEMUSD
Binance STEEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- $101.04
- Price spread: −0.167% → 0.000%
- −$16.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $64.33
- Costs to cover
- 0.200%
- Break-even
- 2.5 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 13 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 1.75 bp | 28.2 bp −$28 | 94.3 bp −$943 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSDlong | −0.0381% | 1h | 0.05740 | long leg | $8K | $5K | 10x | |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05720 | −0.341% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05731 | −0.153% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDTshort | +0.0100% | 4h | 0.05730 | −0.167% | $2.1M | $3.4M | 25x | |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05730 | −0.167% | $424K | $112K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05726 | −0.237% | $416K | $92K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05728 | −0.202% | $446K | $232K | 25x | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05729 | −0.185% | $40K | $32K | 20x | as long as short |
| Gate STEEM_USDT | +0.1472% | 4h | 0.05741 | +0.025% | $287K | $120K | 20x | as long as short |
| Variational Omni STEEM | +0.1524% | 4h | 0.05706 | −0.588% | $12K | $147 | — | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
HTX STEEM-USDT
Gate STEEM_USDT
Variational Omni STEEMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.2994% | 4h | 0.05707 | −0.568% | $1.3M | $966K | 13x | as long as short |
Bybit STEEMUSDT