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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.225%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$345as in the Funding arb table
Net, price: spread back to 7d avg − costs−$428as in the Price arb table
costs, in and out, $10k−$4074.067% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.621%+$62 on $10k
Price spread, last 4 days (all we have)+0.296%+$30 · spread now −0.225%, 7d avg −0.013%
Together, before fees+0.916%+$92 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.212% cheaper against MEXC than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STEEM_USDT0.057770.0100pay 0.0050% / 4h1h 02m$416K$126K20x
ShortKuCoin STEEMUSDTM0.057640.0100get 0.0050% / 4h1h 02m$424K$95K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
$0
Price spread: −0.225% → −0.013%
−$21.21
Slippage, 4 orders
−$386.75
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$427.96
Costs to cover
4.067%
Break-even
never at this rate
Slippage from MEXC: live order book, 43 min ago; KuCoin: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 43 min ago0.87 bp10.0 bp −$1088.9 bp −$889165.0 bp −$16.5K584.5 bp −$292.2K
Sell KuCoin live order book, 20 min ago17.24 bp261.0 bp −$261doesn't fitdoesn't fitdoesn't fit

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%4h0.05771−0.104%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05772−0.086%$16K$10K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05778+0.014%$2.1M$3.5M25xas long as short
MEXC STEEM_USDTlong+0.0100%4h0.05777long leg$416K$126K20x
KuCoin STEEMUSDTMshort+0.0100%4h0.05764−0.225%$424K$95K30x
Bitget STEEMUSDT+0.0100%4h0.05778+0.017%$488K$297K25xas long as short
Variational Omni STEEM+0.0100%4h0.05769−0.132%$12K$147as long as short
HTX STEEM-USDT+0.0100%4h0.05755−0.381%$36K$46K20xas long as short
Gate STEEM_USDT+0.0586%4h0.05778+0.017%$279K$117K20xas long as short
Bybit STEEMUSDT+0.0956%4h0.05769−0.138%$1.3M$1.1M13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.3137%1h0.05801+0.420%$8K$5K10xas long as short