Funding you earn now, next payment 08:00 UTC−0.4489%/8h= −491.5% APRpaid last 24h +0.212%
Price spread now: BingX against Kraken Futures−0.577%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$135 a day on $10k at the current rate, and BingX is 0.577% cheaper against Kraken Futures than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_STEEMUSD | 0.05868 | 0.4559 | pay 0.0570% / 1h | 13m 48s | $8K | $6K | 10x |
| Short | BingX STEEM-USDT | 0.05834 | 0.0070 | get 0.0035% / 4h | 13m 48s | — | $1.6M | — |
Kraken Futures PF_STEEMUSD
BingX STEEM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$942.6
- Price spread: −0.577% → 0.000%
- −$57.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,020.3
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 8 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 8 min ago | 5.16 bp | 31.1 bp −$31 | 89.2 bp −$892 | 1122.0 bp −$112.2K | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDTshort | +0.0070% | 4h | 0.05834 | −0.577% | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05840 | −0.480% | $17K | $11K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05844 | −0.407% | $2.1M | $3.7M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05846 | −0.372% | $488K | $145K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05832 | −0.611% | $437K | $93K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05833 | −0.594% | $483K | $302K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05819 | −0.839% | $12K | $267 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05830 | −0.645% | $39K | $56K | 20x | as long as short |
| Gate STEEM_USDT | +0.0900% | 4h | 0.05848 | −0.338% | $287K | $102K | 20x | as long as short |
| Bybit STEEMUSDT | +0.1449% | 4h | 0.05830 | −0.645% | $1.3M | $962K | 13x | as long as short |
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
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_STEEMUSDlong | +0.4559% | 1h | 0.05868 | long leg | $8K | $6K | 10x |