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

STEEM

all STEEM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.1338%/8hpaid last 24h +0.102%
Price spread now: Kraken Futures against Gate−0.133%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Kraken Futures is 0.133% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate STEEM_USDT0.056990.1704pay 0.0852% / 4h5m 22s$286K$112K20x
ShortKraken Futures PF_STEEMUSD0.056910.0366get 0.0046% / 1h5m 22s$9K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. 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
−$281.08
Price spread: −0.133% → 0.000%
−$13.28
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$319.35
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 23 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 23 min ago6.15 bp165.0 bp −$165doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STEEMUSDT+0.0100%4h0.05697−0.038%$16K$9K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05689−0.175%$2.1M$3.3M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05689−0.175%$395K$108K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05691−0.140%$421K$85K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05689−0.175%$439K$221K25xas long as short
HTX STEEM-USDT+0.0100%4h0.05673−0.456%$40K$31K20xas long as short
Kraken Futures PF_STEEMUSDshort+0.0366%1h0.05691−0.133%$9K$2K10x
Gate STEEM_USDTlong+0.1704%4h0.05699long leg$286K$112K20x
Variational Omni STEEM+0.2678%4h0.05656−0.746%$11K$146as long as short
BingX STEEM-USDT+0.3426%4h0.05682−0.298%$1.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STEEMUSDT+0.3519%4h0.05660−0.684%$1.3M$929K13xas long as short