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

STEEM

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.1302%/8h= +142.6% APRpaid last 24h −0.537%
Price spread now: Bitget against Kraken Futures−0.024%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bitget is 0.024% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 1 hour of funding at the current rate (+$39 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_STEEMUSD0.05870−0.1202get 0.0150% / 1h10m 00s$10K$8K10x
ShortBitget STEEMUSDT0.058690.0100get 0.0050% / 4h10m 00s$456K$326K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$273.48
Price spread: −0.024% → 0.000%
−$2.4
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$249.08
Costs to cover
0.220%
Break-even
0.6 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 49 min ago. 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 Bitget live order book, 49 min ago8.55 bp32.0 bp −$32140.3 bp −$1,403doesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSDlong−0.1202%1h0.05870long leg$10K$8K10x
BingX STEEM-USDT+0.0070%4h0.05868−0.041%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05875+0.077%$16K$6K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05869−0.016%$2.0M$3.2M25xas long as short
Bybit STEEMUSDT+0.0100%4h0.05860−0.177%$1.2M$499K13xas long as short
Gate STEEM_USDT+0.0100%4h0.05874+0.061%$264K$53K20xas long as short
MEXC STEEM_USDT+0.0100%4h0.05869−0.024%$466K$163K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05869−0.024%$438K$58K30xas long as short
Bitget STEEMUSDTshort+0.0100%4h0.05869−0.024%$456K$326K25x
Variational Omni STEEM+0.0100%4h0.05864−0.110%$12K$220as long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX STEEM-USDT+0.0100%4h0.05867−0.058%$37K$36K20xas long as short