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: KuCoin against MEXC+0.017%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$395as in the Price arb table
costs, in and out, $10k−$3973.971% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.651%+$65 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.017%, 7d avg −0.006%
Together, before fees+0.628%+$63 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: KuCoin is 0.024% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STEEM_USDT0.057210.0100pay 0.0050% / 4h1h 27m$423K$112K20x
ShortKuCoin STEEMUSDTM0.057220.0100get 0.0050% / 4h1h 27m$416K$92K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: +0.017% → −0.006%
$2.4
Slippage, 4 orders
−$377.12
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$394.72
Costs to cover
3.971%
Break-even
never at this rate
Slippage from MEXC: live order book, 46 min ago; KuCoin: live order book, 44 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 MEXC live order book, 46 min ago0.87 bp7.7 bp −$854.4 bp −$544144.6 bp −$14.5K504.4 bp −$252.2K
Sell KuCoin live order book, 44 min ago7.85 bp233.9 bp −$234doesn't fitdoesn'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−0.0381%1h0.05736+0.270%$8K$5K10xas long as short
BingX STEEM-USDT+0.0070%4h0.05714−0.122%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05722+0.017%$16K$10K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05722+0.017%$2.1M$3.4M25xas long as short
MEXC STEEM_USDTlong+0.0100%4h0.05721long leg$423K$112K20x
KuCoin STEEMUSDTMshort+0.0100%4h0.05722+0.017%$416K$92K30x
Bitget STEEMUSDT+0.0100%4h0.05724+0.052%$444K$235K25xas long as short
HTX STEEM-USDT+0.0100%4h0.05717−0.070%$40K$32K20xas long as short
Variational Omni STEEM+0.1239%4h0.05690−0.546%$12K$147as long as short
Gate STEEM_USDT+0.1412%4h0.05730+0.157%$287K$121K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STEEMUSDT+0.2603%4h0.05699−0.385%$1.3M$966K13xas long as short