Funding you earn now, next payment 00:00 UTC−0.0574%/8h= −62.9% APRpaid last 24h +0.349%
Price spread now: BingX against Kraken Futures−0.320%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
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and BingX is 0.320% cheaper against Kraken Futures than usual: you would sell low and buy high (−$32 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 | Kraken Futures PF_STEEMUSD | 0.05771 | 0.0644 | pay 0.0080% / 1h | 53m 51s | $8K | $5K | 10x |
| Short | BingX STEEM-USDT | 0.05753 | 0.0070 | get 0.0035% / 4h | 53m 51s | — | $1.6M | — |
Kraken Futures PF_STEEMUSD
BingX STEEM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$120.54
- Price spread: −0.320% → 0.000%
- −$31.96
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$172.5
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago | 7.84 bp | 32.4 bp −$32 | 86.1 bp −$861 | 872.3 bp −$87.2K | 1265.9 bp −$632.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDTshort | +0.0070% | 4h | 0.05753 | −0.320% | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05766 | −0.094% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05761 | −0.179% | $2.1M | $3.4M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05761 | −0.181% | $428K | $110K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05757 | −0.250% | $418K | $92K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05758 | −0.233% | $449K | $242K | 25x | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05754 | −0.302% | $40K | $32K | 20x | as long as short |
| Kraken Futures PF_STEEMUSDlong | +0.0644% | 1h | 0.05771 | long leg | $8K | $5K | 10x | |
| Variational Omni STEEM | +0.0676% | 4h | 0.05728 | −0.758% | $12K | $147 | — | as long as short |
| Gate STEEM_USDT | +0.1410% | 4h | 0.05770 | −0.025% | $289K | $120K | 20x | as long as short |
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
HTX STEEM-USDT
Variational Omni STEEM
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.2078% | 4h | 0.05733 | −0.666% | $1.3M | $972K | 13x | as long as short |
Bybit STEEMUSDT