Funding you earn now, next payment 08:00 UTC+0.0442%/8h= +48.4% APRnext payment +$2.21 per $10,000 · paid last 24h −0.261%
Price spread now: Gate against BingX+0.070%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4274.274% of the position
Funding, last 7 days+0.609%+$61 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.070%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Gate 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 +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STEEM-USDT | 0.05745 | 0.0070 | pay 0.0035% / 4h | 2h 18m | — | $1.6M | — |
| Short | Gate STEEM_USDT | 0.05749 | 0.0512 | get 0.0256% / 4h | 2h 18m | $283K | $105K | 20x |
BingX STEEM-USDT
Gate STEEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $92.82
- Price spread: +0.070% → +0.037%
- $3.27
- Slippage, 4 orders
- −$402.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$331.35
- Costs to cover
- 4.274%
- Break-even
- 32.0 days
Slippage from BingX: live order book, 13 min ago; Gate: live order book, 23 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, 13 min ago | 6.11 bp | 30.1 bp −$30 | 90.2 bp −$902 | doesn't fit | doesn't fit |
| Sell Gate live order book, 23 min ago | 6.06 bp | 166.4 bp −$166 | doesn't fit | 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 | 0.05745 | long leg | — | $1.6M | — | |
| HTX STEEM-USDT | +0.0079% | 4h | 0.05726 | −0.331% | $37K | $44K | 20x | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05748 | +0.047% | $16K | $11K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05746 | +0.023% | $2.0M | $3.7M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05746 | +0.017% | $421K | $131K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05742 | −0.052% | $432K | $97K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05748 | +0.052% | $481K | $291K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05731 | −0.244% | $12K | $147 | — | as long as short |
| Gate STEEM_USDTshort | +0.0512% | 4h | 0.05749 | +0.070% | $283K | $105K | 20x | |
| Bybit STEEMUSDT | +0.0550% | 4h | 0.05740 | −0.087% | $1.2M | $1.0M | 13x | as long as short |
HTX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
Bybit STEEMUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.2811% | 1h | 0.05776 | +0.533% | $8K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD