Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.040%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$790.795% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.040%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.045% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STEEM_USDT | 0.05743 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $421K | $130K | 20x |
| Short | Binance STEEMUSDT | 0.05745 | 0.0100 | get 0.0050% / 4h | 2h 29m | $2.1M | $3.6M | 25x |
MEXC STEEM_USDT
Binance STEEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0
- Price spread: +0.040% → −0.005%
- $4.52
- Slippage, 4 orders
- −$61.48
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.96
- Costs to cover
- 0.795%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 6 min ago.
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 MEXC live order book, 1 min ago | 0.87 bp | 9.8 bp −$10 | 83.7 bp −$837 | 146.1 bp −$14.6K | 516.4 bp −$258.2K |
| Sell Binance live order book, 6 min ago | 0.87 bp | 36.9 bp −$37 | 112.9 bp −$1,129 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX STEEM-USDT | +0.0061% | 4h | 0.05733 | −0.174% | $37K | $43K | 20x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05734 | −0.157% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05745 | +0.040% | $16K | $11K | 5x | as long as short |
| Binance STEEMUSDTshort | +0.0100% | 4h | 0.05745 | +0.040% | $2.1M | $3.6M | 25x | |
| MEXC STEEM_USDTlong | +0.0100% | 4h | 0.05743 | long leg | $421K | $130K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05735 | −0.139% | $427K | $96K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05746 | +0.052% | $481K | $288K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05725 | −0.311% | $12K | $147 | — | as long as short |
| Gate STEEM_USDT | +0.0434% | 4h | 0.05743 | 0.000% | $282K | $105K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0545% | 4h | 0.05734 | −0.157% | $1.2M | $1.0M | 13x | as long as short |
HTX STEEM-USDT
BingX STEEM-USDT
Aster STEEMUSDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
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_STEEMUSD | +0.2810% | 1h | 0.05777 | +0.589% | $8K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD