Funding you earn now, next payment 04:00 UTC−0.3093%/8h= −338.6% APRpaid last 24h −0.178%
Price spread now: MEXC against Kraken Futures−0.452%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 −$93 a day on $10k at the current rate, and MEXC is 0.452% cheaper against Kraken Futures than usual: you would sell low and buy high (−$45 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 | 0.05870 | 0.3193 | pay 0.0399% / 1h | 44m 09s | $8K | $5K | 10x |
| Short | MEXC STEEM_USDT | 0.05843 | 0.0100 | get 0.0050% / 4h | 44m 09s | $421K | $124K | 20x |
Kraken Futures PF_STEEMUSD
MEXC STEEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$649.43
- Price spread: −0.452% → 0.000%
- −$45.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$712.58
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 61 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 MEXC live order book, 61 min ago | 0.87 bp | 9.3 bp −$9 | 90.1 bp −$901 | 154.3 bp −$15.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05843 | −0.452% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05845 | −0.417% | $17K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05846 | −0.405% | $2.1M | $3.5M | 25x | as long as short |
| MEXC STEEM_USDTshort | +0.0100% | 4h | 0.05843 | −0.452% | $421K | $124K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05830 | −0.673% | $431K | $95K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05846 | −0.400% | $496K | $296K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05818 | −0.870% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05836 | −0.571% | $37K | $47K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0538% | 4h | 0.05827 | −0.724% | $1.3M | $1.0M | 13x | as long as short |
| Gate STEEM_USDT | +0.0604% | 4h | 0.05844 | −0.434% | $283K | $106K | 20x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Bybit STEEMUSDT
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSDlong | +0.3193% | 1h | 0.05870 | long leg | $8K | $5K | 10x |