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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin+0.051%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$501as in the Funding arb table
Net, price: spread back to 7d avg − costs−$440as in the Price arb table
costs, in and out, $10k−$4444.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.567%−$57 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.051%, 7d avg +0.013%
Together, before fees−0.646%−$65 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: MEXC is 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin STEEMUSDTM0.058260.0100pay 0.0050% / 4h3h 51m$431K$95K30x
ShortMEXC STEEM_USDT0.058290.0100get 0.0050% / 4h3h 51m$435K$125K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.051% → +0.013%
$3.82
Slippage, 4 orders
−$423.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$440.16
Costs to cover
4.440%
Break-even
never at this rate
Slippage from KuCoin: live order book, 22 min ago; MEXC: live order book, 50 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, 22 min ago14.54 bp145.0 bp −$145doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 50 min ago1.71 bp9.1 bp −$989.7 bp −$897152.6 bp −$15.3Kdoesn'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
BingX STEEM-USDT+0.0070%4h0.05830+0.069%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05835+0.162%$17K$10K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05830+0.069%$2.1M$3.6M25xas long as short
Bybit STEEMUSDT+0.0100%4h0.05827+0.017%$1.3M$1.0M13xas long as short
Gate STEEM_USDT+0.0100%4h0.05831+0.086%$282K$104K20xas long as short
MEXC STEEM_USDTshort+0.0100%4h0.05829+0.051%$435K$125K20x
KuCoin STEEMUSDTMlong+0.0100%4h0.05826long leg$431K$95K30x
Bitget STEEMUSDT+0.0100%4h0.05830+0.069%$494K$297K25xas long as short
Variational Omni STEEM+0.0100%4h0.05823−0.043%$12K$147as long as short
HTX STEEM-USDT+0.0100%4h0.05823−0.051%$37K$47K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.3139%1h0.05861+0.598%$8K$5K10xas long as short