Funding you earn now, next payment 23:00 UTC−0.0451%/8h= −49.4% APRpaid last 24h −0.322%
Price spread now: Kraken Futures against BingX+0.225%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.225% dearer against BingX than usual: you sell high and buy low (spread +0.225% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STEEM-USDT | 0.05729 | 0.0070 | pay 0.0035% / 4h | 1h 07m | — | $1.6M | — |
| Short | Kraken Futures PF_STEEMUSD | 0.05742 | −0.0381 | pay 0.0048% / 1h | 7m 15s | $8K | $5K | 10x |
BingX STEEM-USDT
Kraken Futures PF_STEEMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$94.71
- Price spread: +0.225% → 0.000%
- $22.51
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$92.2
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 BingX live order book, 4 min ago | 5.24 bp | 23.9 bp −$24 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSDshort | −0.0381% | 1h | 0.05742 | +0.225% | $8K | $5K | 10x | |
| BingX STEEM-USDTlong | +0.0070% | 4h | 0.05729 | long leg | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05736 | +0.128% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05738 | +0.157% | $2.1M | $3.4M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05737 | +0.140% | $424K | $114K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05735 | +0.105% | $417K | $92K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05737 | +0.140% | $450K | $239K | 25x | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05726 | −0.052% | $40K | $32K | 20x | as long as short |
| Variational Omni STEEM | +0.0951% | 4h | 0.05710 | −0.336% | $12K | $147 | — | as long as short |
| Gate STEEM_USDT | +0.1378% | 4h | 0.05741 | +0.209% | $287K | $121K | 20x | as long as short |
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
HTX STEEM-USDT
Variational Omni STEEM
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.2129% | 4h | 0.05716 | −0.227% | $1.3M | $972K | 13x | as long as short |
Bybit STEEMUSDT