Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.485%
Price spread now: Bitget against BingX0.000%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1681.678% of the position
Funding, last 7 days−0.432%−$43 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now 0.000%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.033% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.033%. Mind the row above: over the last 7 days funding on this pair cost −0.432%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STEEM-USDT | 0.05825 | 0.0070 | pay 0.0035% / 4h | 49m 29s | — | $1.6M | — |
| Short | Bitget STEEMUSDT | 0.05825 | 0.0100 | get 0.0050% / 4h | 49m 29s | $493K | $297K | 25x |
BingX STEEM-USDT
Bitget STEEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- $6.3
- Price spread: 0.000% → −0.033%
- $3.25
- Slippage, 4 orders
- −$145.75
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$158.2
- Costs to cover
- 1.678%
- Break-even
- 182.8 days
Slippage from BingX: live order book, 12 min ago; Bitget: live order book, 1 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 BingX live order book, 12 min ago | 6.02 bp | 41.9 bp −$42 | 93.5 bp −$935 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.58 bp | 33.6 bp −$34 | 171.5 bp −$1,715 | doesn't fit | 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-USDTlong | +0.0070% | 4h | 0.05825 | long leg | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05836 | +0.181% | $17K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05827 | +0.034% | $2.1M | $3.5M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05821 | −0.069% | $419K | $123K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05820 | −0.086% | $431K | $95K | 30x | as long as short |
| Bitget STEEMUSDTshort | +0.0100% | 4h | 0.05825 | 0.000% | $493K | $297K | 25x | |
| Variational Omni STEEM | +0.0100% | 4h | 0.05815 | −0.163% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05817 | −0.137% | $37K | $47K | 20x | as long as short |
| Gate STEEM_USDT | +0.0612% | 4h | 0.05834 | +0.155% | $282K | $106K | 20x | as long as short |
| Bybit STEEMUSDT | +0.0704% | 4h | 0.05816 | −0.155% | $1.3M | $1.0M | 13x | as long as short |
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
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 | +0.3189% | 1h | 0.05876 | +0.869% | $9K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD