Funding you earn now, next payment 06:00 UTC+0.2681%/8h= +293.6% APRpaid last 24h +0.216%
Price spread now: Kraken Futures against MEXC+0.607%51s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$80 a day on $10k at the current rate, and Kraken Futures is 0.607% dearer against MEXC than usual: you sell high and buy low: +$61 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STEEM_USDT | 0.05802 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $425K | $128K | 20x |
| Short | Kraken Futures PF_STEEMUSD | 0.05837 | 0.2781 | get 0.0348% / 1h | 47m 21s | $8K | $5K | 10x |
MEXC STEEM_USDT
Kraken Futures PF_STEEMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $563.07
- Price spread: +0.607% → 0.000%
- $60.71
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $605.77
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 48 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 48 min ago | 0.86 bp | 7.6 bp −$8 | 91.8 bp −$918 | 166.1 bp −$16.6K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05801 | −0.017% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05808 | +0.103% | $16K | $11K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05800 | −0.033% | $2.1M | $3.6M | 25x | as long as short |
| MEXC STEEM_USDTlong | +0.0100% | 4h | 0.05802 | long leg | $425K | $128K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05803 | +0.017% | $431K | $95K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05808 | +0.103% | $486K | $287K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05811 | +0.163% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05807 | +0.086% | $37K | $43K | 20x | as long as short |
| Gate STEEM_USDT | +0.0388% | 4h | 0.05811 | +0.155% | $282K | $102K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0819% | 4h | 0.05797 | −0.086% | $1.3M | $1.0M | 13x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
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_STEEMUSDshort | +0.2781% | 1h | 0.05837 | +0.607% | $8K | $5K | 10x |