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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−1.092%−$109 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin STEEMUSDTM0.056970.0100pay 0.0050% / 4h2h 31m$414K$87K30x
ShortBinance STEEMUSDT0.057020.0100get 0.0050% / 4h2h 31m$2.1M$3.3M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 49 min ago14.83 bp140.2 bp −$140doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago2.63 bp31.3 bp −$3194.2 bp −$942doesn't fitdoesn't fit

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
Kraken Futures PF_STEEMUSD−0.0638%1h0.05712+0.269%$9K$2K10xas long as short
HTX STEEM-USDT−0.0206%4h0.05704+0.123%$40K$32K20xas long as short
BingX STEEM-USDT+0.0070%4h0.05695−0.035%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05707+0.176%$16K$9K5xas long as short
Binance STEEMUSDTshort+0.0100%4h0.05702+0.083%$2.1M$3.3M25x
MEXC STEEM_USDT+0.0100%4h0.05700+0.053%$382K$107K20xas long as short
KuCoin STEEMUSDTMlong+0.0100%4h0.05697long leg$414K$87K30x
Bitget STEEMUSDT+0.0100%4h0.05701+0.070%$439K$220K25xas long as short
Gate STEEM_USDT+0.1320%4h0.05712+0.263%$286K$118K20xas long as short
Variational Omni STEEM+0.3158%4h0.05680−0.293%$12K$147as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STEEMUSDT+0.3527%4h0.05681−0.281%$1.3M$962K13xas long as short