Funding you earn now, next payment 23:00 UTC−0.0451%/8h= −49.4% APRpaid last 24h −0.322%
Price spread now: Kraken Futures against BingX+0.219%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
The price spread pays, funding is against you. Kraken Futures is 0.219% dearer against BingX than usual: you sell high and buy low (spread +0.219% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STEEM-USDT | 0.05727 | 0.0070 | pay 0.0035% / 4h | 1h 13m | — | $1.6M | — |
| Short | Kraken Futures PF_STEEMUSD | 0.05740 | −0.0381 | pay 0.0048% / 1h | 13m 42s | $8K | $5K | 10x |
BingX STEEM-USDT
Kraken Futures PF_STEEMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$94.74
- Price spread: +0.219% → 0.000%
- $21.89
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$92.85
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 9 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 BingX live order book, 9 min ago | 5.25 bp | 31.3 bp −$31 | 81.5 bp −$815 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSDshort | −0.0381% | 1h | 0.05740 | +0.219% | $8K | $5K | 10x | |
| BingX STEEM-USDTlong | +0.0070% | 4h | 0.05727 | long leg | — | $1.6M | — | |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05735 | +0.134% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05730 | +0.056% | $2.1M | $3.4M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05731 | +0.070% | $423K | $113K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05729 | +0.035% | $416K | $92K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05734 | +0.122% | $450K | $239K | 25x | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05725 | −0.035% | $40K | $32K | 20x | as long as short |
| Variational Omni STEEM | +0.1038% | 4h | 0.05703 | −0.423% | $12K | $147 | — | as long as short |
| Gate STEEM_USDT | +0.1410% | 4h | 0.05742 | +0.262% | $287K | $121K | 20x | as long as short |
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
HTX STEEM-USDT
Variational Omni STEEM
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.2351% | 4h | 0.05709 | −0.314% | $1.3M | $971K | 13x | as long as short |
Bybit STEEMUSDT