Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.485%
Price spread now: BingX against Binance+0.086%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1571.568% of the position
Funding, last 7 days+0.472%+$47 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.086%, 7d avg +0.071%
=The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.472%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STEEMUSDT | 0.05828 | 0.0100 | pay 0.0050% / 4h | 41m 31s | $2.1M | $3.5M | 25x |
| Short | BingX STEEM-USDT | 0.05833 | 0.0070 | get 0.0035% / 4h | 41m 31s | — | $1.6M | — |
Binance STEEMUSDT
BingX STEEM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$6.3
- Price spread: +0.086% → +0.071%
- $1.48
- Slippage, 4 orders
- −$136.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$161.61
- Costs to cover
- 1.568%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 6 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 Binance live order book, 10 min ago | 1.72 bp | 45.8 bp −$46 | 181.6 bp −$1,816 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 6.87 bp | 34.8 bp −$35 | 91.7 bp −$917 | 1077.7 bp −$107.8K | 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-USDTshort | +0.0070% | 4h | 0.05833 | +0.086% | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05843 | +0.252% | $17K | $10K | 5x | as long as short |
| Binance STEEMUSDTlong | +0.0100% | 4h | 0.05828 | long leg | $2.1M | $3.5M | 25x | |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05827 | −0.017% | $420K | $124K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05834 | +0.103% | $432K | $95K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05844 | +0.275% | $496K | $296K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05818 | −0.164% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05827 | −0.017% | $37K | $47K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0439% | 4h | 0.05823 | −0.086% | $1.3M | $1.0M | 13x | as long as short |
| Gate STEEM_USDT | +0.0590% | 4h | 0.05844 | +0.275% | $283K | $106K | 20x | as long as short |
Aster STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Bybit STEEMUSDT
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.3197% | 1h | 0.05861 | +0.566% | $8K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD