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: MEXC against Binance−0.010%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$990.993% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.010%, 7d avg +0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STEEMUSDT | 0.05762 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $2.1M | $3.6M | 25x |
| Short | MEXC STEEM_USDT | 0.05761 | 0.0100 | get 0.0050% / 4h | 1h 58m | $418K | $121K | 20x |
Binance STEEMUSDT
MEXC STEEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.010% → +0.008%
- −$1.8
- Slippage, 4 orders
- −$81.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$101.09
- Costs to cover
- 0.993%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 52 min ago.
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, 7 min ago | 1.74 bp | 40.1 bp −$40 | 152.8 bp −$1,528 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 52 min ago | 0.87 bp | 12.0 bp −$12 | 89.8 bp −$898 | 145.7 bp −$14.6K | doesn't fit |
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 | 0.05755 | −0.114% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05765 | +0.059% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDTlong | +0.0100% | 4h | 0.05762 | long leg | $2.1M | $3.6M | 25x | |
| MEXC STEEM_USDTshort | +0.0100% | 4h | 0.05761 | −0.010% | $418K | $121K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05756 | −0.097% | $423K | $94K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05762 | +0.007% | $491K | $289K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05737 | −0.427% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05757 | −0.079% | $36K | $41K | 20x | as long as short |
| Gate STEEM_USDT | +0.0348% | 4h | 0.05763 | +0.025% | $279K | $117K | 20x | as long as short |
| Bybit STEEMUSDT | +0.1827% | 4h | 0.05739 | −0.392% | $1.3M | $1.1M | 13x | as long as short |
BingX STEEM-USDT
Aster 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_STEEMUSD | +0.3153% | 1h | 0.05772 | +0.184% | $8K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD