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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0845%/8h= +92.6% APRnext payment +$4.23 per $10,000 · paid last 24h +0.185%
Price spread now: Bybit against Variational Omni+0.404%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Bybit is 0.404% dearer against Variational Omni than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni STEEM0.058110.0100pay 0.0050% / 4h55m 58s$12K$147
ShortBybit STEEMUSDT0.058340.0945get 0.0473% / 4h55m 58s$1.3M$1.0M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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
$177.53
Price spread: +0.404% → 0.000%
$40.37
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$206.9
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Bybit live order book, 5 min ago3.44 bp119.2 bp −$119208.2 bp −$2,082doesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.05840+0.507%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05836+0.434%$17K$10K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05836+0.438%$2.1M$3.5M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05836+0.438%$421K$123K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05834+0.404%$430K$95K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05840+0.507%$494K$299K25xas long as short
Variational Omni STEEMlong+0.0100%4h0.05811long leg$12K$147
HTX STEEM-USDT+0.0100%4h0.05821+0.180%$37K$47K20xas long as short
Gate STEEM_USDT+0.0614%4h0.05841+0.524%$282K$105K20xas long as short
Bybit STEEMUSDTshort+0.0945%4h0.05834+0.404%$1.3M$1.0M13x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.3190%1h0.05875+1.102%$9K$5K10xas long as short