Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.484%
Price spread now: KuCoin against BingX−0.103%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$500as in the Price arb table
costs, in and out, $10k−$4964.961% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.103%, 7d avg −0.061%
=Funding pays, the price is against you. KuCoin is 0.041% cheaper against BingX than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.061%). If the spread goes back, that is −$4 on $10k: about 4.6 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STEEM-USDT | 0.05837 | 0.0070 | pay 0.0035% / 4h | 12m 41s | — | $1.6M | — |
| Short | KuCoin STEEMUSDTM | 0.05831 | 0.0100 | get 0.0050% / 4h | 12m 41s | $437K | $93K | 30x |
BingX STEEM-USDT
KuCoin STEEMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $6.3
- Price spread: −0.103% → −0.061%
- −$4.14
- Slippage, 4 orders
- −$474.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$493.93
- Costs to cover
- 4.961%
- Break-even
- 555.8 days
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 21 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 BingX live order book, 9 min ago | 5.16 bp | 31.5 bp −$32 | 93.3 bp −$933 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 23.19 bp | 282.0 bp −$282 | doesn't fit | 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-USDTlong | +0.0070% | 4h | 0.05837 | long leg | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05839 | +0.032% | $17K | $11K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05841 | +0.069% | $2.1M | $3.7M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05841 | +0.069% | $488K | $145K | 20x | as long as short |
| KuCoin STEEMUSDTMshort | +0.0100% | 4h | 0.05831 | −0.103% | $437K | $93K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05843 | +0.103% | $483K | $303K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05819 | −0.315% | $12K | $267 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05831 | −0.103% | $39K | $56K | 20x | as long as short |
| Gate STEEM_USDT | +0.0918% | 4h | 0.05839 | +0.034% | $287K | $102K | 20x | as long as short |
| Bybit STEEMUSDT | +0.1459% | 4h | 0.05823 | −0.240% | $1.3M | $962K | 13x | as long as short |
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Gate STEEM_USDT
Bybit STEEMUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.4558% | 1h | 0.05869 | +0.550% | $8K | $6K | 10x | as long as short |
Kraken Futures PF_STEEMUSD