Funding you earn now, next payment 00:00 UTC−0.0955%/8h= −104.6% APRnext payment −$4.78 per $10,000 · paid last 24h −0.390%
Price spread now: MEXC against Variational Omni+0.451%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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. MEXC is 0.451% dearer against Variational Omni than usual: you sell high and buy low (spread +0.451% now, against zero (this spread has no 7-day history yet)): +$45 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni STEEM | 0.05702 | 0.1055 | pay 0.0528% / 4h | 1h 15m | $12K | $147 | — |
| Short | MEXC STEEM_USDT | 0.05728 | 0.0100 | get 0.0050% / 4h | 1h 15m | $423K | $113K | 20x |
Variational Omni STEEM
MEXC STEEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$200.58
- Price spread: +0.451% → 0.000%
- $45.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$163.49
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 58 min ago. 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 58 min ago | 0.87 bp | 12.2 bp −$12 | 81.1 bp −$811 | 149.5 bp −$15.0K | 517.7 bp −$258.8K |
Variational Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | −0.0381% | 1h | 0.05738 | +0.628% | $8K | $5K | 10x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05721 | +0.328% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05730 | +0.494% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05728 | +0.451% | $2.1M | $3.4M | 25x | as long as short |
| MEXC STEEM_USDTshort | +0.0100% | 4h | 0.05728 | +0.451% | $423K | $113K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05731 | +0.504% | $416K | $92K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05730 | +0.486% | $449K | $239K | 25x | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05727 | +0.433% | $40K | $32K | 20x | as long as short |
| Variational Omni STEEMlong | +0.1055% | 4h | 0.05702 | long leg | $12K | $147 | — | |
| Gate STEEM_USDT | +0.1422% | 4h | 0.05741 | +0.679% | $287K | $121K | 20x | as long as short |
Kraken Futures PF_STEEMUSD
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
HTX STEEM-USDT
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.2447% | 4h | 0.05706 | +0.065% | $1.3M | $970K | 13x | as long as short |
Bybit STEEMUSDT