Funding you earn now, next payment 04:00 UTC+0.3089%/8h= +338.3% APRpaid last 24h +0.178%
Price spread now: Kraken Futures against Binance+0.418%7-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 +$93 a day on $10k at the current rate, and Kraken Futures is 0.418% dearer against Binance than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STEEMUSDT | 0.05851 | 0.0100 | pay 0.0050% / 4h | 18m 19s | $2.1M | $3.5M | 25x |
| Short | Kraken Futures PF_STEEMUSD | 0.05876 | 0.3189 | get 0.0399% / 1h | 18m 19s | $9K | $5K | 10x |
Binance STEEMUSDT
Kraken Futures PF_STEEMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $648.72
- Price spread: +0.418% → 0.000%
- $41.85
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $670.56
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 3 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 Binance live order book, 3 min ago | 2.57 bp | 32.3 bp −$32 | 155.2 bp −$1,552 | doesn't fit | 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 | 0.05848 | −0.056% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05855 | +0.061% | $17K | $10K | 5x | as long as short |
| Binance STEEMUSDTlong | +0.0100% | 4h | 0.05851 | long leg | $2.1M | $3.5M | 25x | |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05851 | −0.005% | $424K | $125K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05851 | −0.005% | $433K | $95K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05853 | +0.030% | $496K | $294K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05836 | −0.254% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05848 | −0.056% | $37K | $47K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0122% | 4h | 0.05841 | −0.176% | $1.3M | $1.0M | 13x | as long as short |
| Gate STEEM_USDT | +0.0552% | 4h | 0.05857 | +0.098% | $283K | $106K | 20x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Bybit STEEMUSDT
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSDshort | +0.3189% | 1h | 0.05876 | +0.418% | $9K | $5K | 10x |