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 MEXC−0.044%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$710.709% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.044%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STEEM_USDT | 0.05754 | 0.0100 | pay 0.0050% / 4h | 6m 20s | $427K | $112K | 20x |
| Short | Binance STEEMUSDT | 0.05751 | 0.0100 | get 0.0050% / 4h | 6m 20s | $2.1M | $3.4M | 25x |
MEXC STEEM_USDT
Binance STEEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: −0.044% → −0.009%
- −$3.54
- Slippage, 4 orders
- −$52.94
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.48
- Costs to cover
- 0.709%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 54 min ago; Binance: live order book, 15 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 MEXC live order book, 54 min ago | 0.87 bp | 8.3 bp −$8 | 62.8 bp −$628 | 147.9 bp −$14.8K | 516.0 bp −$258.0K |
| Sell Binance live order book, 15 min ago | 0.87 bp | 25.6 bp −$26 | 85.9 bp −$859 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05743 | −0.191% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05754 | −0.005% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDTshort | +0.0100% | 4h | 0.05751 | −0.044% | $2.1M | $3.4M | 25x | |
| MEXC STEEM_USDTlong | +0.0100% | 4h | 0.05754 | long leg | $427K | $112K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05750 | −0.070% | $416K | $92K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05752 | −0.035% | $448K | $241K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05728 | −0.448% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05744 | −0.174% | $40K | $32K | 20x | as long as short |
| Kraken Futures PF_STEEMUSD | +0.0645% | 1h | 0.05763 | +0.160% | $8K | $5K | 10x | as long as short |
| Gate STEEM_USDT | +0.1070% | 4h | 0.05756 | +0.035% | $288K | $121K | 20x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Kraken Futures PF_STEEMUSD
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.1359% | 4h | 0.05727 | −0.469% | $1.3M | $978K | 13x | as long as short |
Bybit STEEMUSDT