Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.083%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$412as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3493.488% of the position
Funding, last 7 days−0.632%−$63 on $10k
+Price spread, last 4 days (all we have)−0.460%−$46 · spread now +0.083%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.086% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STEEMUSDTM | 0.05697 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $414K | $87K | 30x |
| Short | Binance STEEMUSDT | 0.05702 | 0.0100 | get 0.0050% / 4h | 2h 31m | $2.1M | $3.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $0
- Price spread: +0.083% → −0.002%
- $8.56
- Slippage, 4 orders
- −$326.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$340.26
- Costs to cover
- 3.488%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; Binance: live order book, 4 min ago.
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 KuCoin live order book, 49 min ago | 14.83 bp | 140.2 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.63 bp | 31.3 bp −$31 | 94.2 bp −$942 | doesn't fit | doesn't fit |
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 | −0.0638% | 1h | 0.05712 | +0.269% | $9K | $2K | 10x | as long as short |
| HTX STEEM-USDT | −0.0206% | 4h | 0.05704 | +0.123% | $40K | $32K | 20x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05695 | −0.035% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05707 | +0.176% | $16K | $9K | 5x | as long as short |
| Binance STEEMUSDTshort | +0.0100% | 4h | 0.05702 | +0.083% | $2.1M | $3.3M | 25x | |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05700 | +0.053% | $382K | $107K | 20x | as long as short |
| KuCoin STEEMUSDTMlong | +0.0100% | 4h | 0.05697 | long leg | $414K | $87K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05701 | +0.070% | $439K | $220K | 25x | as long as short |
| Gate STEEM_USDT | +0.1320% | 4h | 0.05712 | +0.263% | $286K | $118K | 20x | as long as short |
| Variational Omni STEEM | +0.3158% | 4h | 0.05680 | −0.293% | $12K | $147 | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.3527% | 4h | 0.05681 | −0.281% | $1.3M | $962K | 13x | as long as short |
KuCoin STEEMUSDTM
Binance STEEMUSDT
Kraken Futures PF_STEEMUSD
HTX STEEM-USDT
BingX STEEM-USDT
Aster STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
Gate STEEM_USDT
Variational Omni STEEM
Bybit STEEMUSDT