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

STEEM

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.205%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$416as in the Funding arb table
Net, price: spread back to 7d avg − costs−$490as in the Price arb table
costs, in and out, $10k−$4724.719% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.558%+$56 on $10k
Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.205%, 7d avg −0.027%
Together, before fees+0.745%+$75 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.178% cheaper against Bitget than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STEEMUSDT0.058530.0100pay 0.0050% / 4h18m 45s$496K$294K25x
ShortKuCoin STEEMUSDTM0.058410.0100get 0.0050% / 4h18m 45s$432K$95K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$0
Price spread: −0.205% → −0.027%
−$17.78
Slippage, 4 orders
−$447.88
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$489.66
Costs to cover
4.719%
Break-even
never at this rate
Slippage from Bitget: live order book, 32 min ago; KuCoin: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 32 min ago8.58 bp50.8 bp −$51281.5 bp −$2,815doesn't fitdoesn't fit
Sell KuCoin live order book, 64 min ago17.24 bp261.0 bp −$261doesn't fitdoesn't fitdoesn't fit

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%4h0.05849−0.068%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05854+0.017%$17K$10K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05850−0.054%$2.1M$3.5M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05851−0.034%$424K$125K20xas long as short
KuCoin STEEMUSDTMshort+0.0100%4h0.05841−0.205%$432K$95K30x
Bitget STEEMUSDTlong+0.0100%4h0.05853long leg$496K$294K25x
Variational Omni STEEM+0.0100%4h0.05836−0.283%$12K$147as long as short
HTX STEEM-USDT+0.0100%4h0.05839−0.239%$37K$47K20xas long as short
Bybit STEEMUSDT+0.0122%4h0.05844−0.154%$1.3M$1.0M13xas long as short
Gate STEEM_USDT+0.0550%4h0.05856+0.051%$283K$106K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.3190%1h0.05875+0.377%$9K$5K10xas long as short