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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.2313%/8hpaid last 24h −0.046%
Price spread now: Kraken Futures against Variational Omni+0.618%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.618% dearer against Variational Omni than usual: you sell high and buy low (spread +0.618% now, against zero (this spread has no 7-day history yet)): +$62 on $10k if it goes back. Holding the pair costs −$69 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni STEEM0.056560.2678pay 0.1339% / 4h5m 18s$11K$146
ShortKraken Futures PF_STEEMUSD0.056910.0366get 0.0046% / 1h5m 18s$9K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
−$485.68
Price spread: +0.618% → 0.000%
$61.81
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$433.87
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STEEMUSDT+0.0100%4h0.05697+0.713%$16K$9K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05689+0.575%$2.1M$3.3M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05689+0.575%$395K$108K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05691+0.610%$421K$85K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05689+0.575%$439K$221K25xas long as short
HTX STEEM-USDT+0.0100%4h0.05673+0.292%$40K$31K20xas long as short
Kraken Futures PF_STEEMUSDshort+0.0366%1h0.05691+0.618%$9K$2K10x
Gate STEEM_USDT+0.1704%4h0.05699+0.752%$286K$112K20xas long as short
Variational Omni STEEMlong+0.2678%4h0.05656long leg$11K$146
BingX STEEM-USDT+0.3426%4h0.05682+0.451%$1.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STEEMUSDT+0.3519%4h0.05660+0.062%$1.3M$929K13xas long as short