Funding you earn now, next payment 08:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.223%
Price spread now: Gate against Bitget−0.086%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4524.519% of the position
Funding, last 7 days+0.951%+$95 on $10k
+Price spread, last 4 days (all we have)+0.145%+$14 · spread now −0.086%, 7d avg +0.069%
=Funding pays, the price is against you. Gate is 0.155% cheaper against Bitget than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.069%). If the spread goes back, that is −$16 on $10k: about 43 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STEEMUSDT | 0.05825 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $489K | $285K | 25x |
| Short | Gate STEEM_USDT | 0.05820 | 0.0386 | get 0.0193% / 4h | 3h 09m | $283K | $106K | 20x |
Bitget STEEMUSDT
Gate STEEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $60.06
- Price spread: −0.086% → +0.069%
- −$15.52
- Slippage, 4 orders
- −$424.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$407.38
- Costs to cover
- 4.519%
- Break-even
- 54.5 days
Slippage from Bitget: live order book, 36 min ago; Gate: live order book, 37 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 Bitget live order book, 36 min ago | 6.00 bp | 35.0 bp −$35 | 162.7 bp −$1,627 | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 5.14 bp | 215.3 bp −$215 | 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-USDT | +0.0070% | 4h | 0.05823 | −0.034% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05818 | −0.113% | $17K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05813 | −0.206% | $2.1M | $3.6M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05819 | −0.103% | $419K | $129K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05812 | −0.223% | $430K | $95K | 30x | as long as short |
| Bitget STEEMUSDTlong | +0.0100% | 4h | 0.05825 | long leg | $489K | $285K | 25x | |
| Variational Omni STEEM | +0.0100% | 4h | 0.05816 | −0.147% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05815 | −0.172% | $37K | $47K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0294% | 4h | 0.05799 | −0.446% | $1.3M | $1.0M | 13x | as long as short |
| Gate STEEM_USDTshort | +0.0386% | 4h | 0.05820 | −0.086% | $283K | $106K | 20x |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Variational Omni STEEM
HTX 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 | +0.3149% | 1h | 0.05843 | +0.305% | $8K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD