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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.2774%/8h= −303.8% APRpaid last 24h −0.140%
Price spread now: Aster against Kraken Futures−0.489%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$83 a day on $10k at the current rate, and Aster is 0.489% cheaper against Kraken Futures than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_STEEMUSD0.057660.2874pay 0.0359% / 1h44m 32s$8K$5K10x
ShortAster STEEMUSDT0.057380.0100get 0.0050% / 4h2h 44m$16K$10K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
−$582.58
Price spread: −0.489% → 0.000%
−$48.9
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$649.48
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: 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 Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and Aster: 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
BingX STEEM-USDT+0.0070%4h0.05737−0.502%$1.6Mas long as short
Aster STEEMUSDTshort+0.0100%4h0.05738−0.489%$16K$10K5x
Binance STEEMUSDT+0.0100%4h0.05745−0.367%$2.1M$3.6M25xas long as short
Gate STEEM_USDT+0.0100%4h0.05740−0.450%$280K$116K20xas long as short
MEXC STEEM_USDT+0.0100%4h0.05742−0.416%$416K$122K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05737−0.502%$416K$94K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05746−0.346%$490K$298K25xas long as short
Variational Omni STEEM+0.0100%4h0.05731−0.604%$12K$147as long as short
HTX STEEM-USDT+0.0100%4h0.05739−0.468%$36K$41K20xas long as short
Bybit STEEMUSDT+0.0660%4h0.05728−0.658%$1.3M$1.1M13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSDlong+0.2874%1h0.05766long leg$8K$5K10x