Settings8H · net · $10k
Funding arb · Price arb /

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.192%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)−0.412%−$41 · spread now +0.192%, 7d avg −0.020%
Together, before fees−0.463%−$46 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.211% dearer against Bitget than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STEEMUSDT0.057370.0100pay 0.0050% / 4h2h 20m$480K$291K25x
ShortBinance STEEMUSDT0.057480.0100get 0.0050% / 4h2h 20m$2.1M$3.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.192% → −0.020%
$21.13
Slippage, 4 orders
−$102.91
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$103.78
Costs to cover
1.249%
Break-even
never at this rate
Slippage from Bitget: live order book, 21 min ago; Binance: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 21 min ago1.74 bp24.4 bp −$24146.9 bp −$1,469doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago1.74 bp39.2 bp −$39112.7 bp −$1,127doesn't fitdoesn't fit

STEEM on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX STEEM-USDT+0.0065%4h0.05727−0.174%$37K$44K20xas long as short
BingX STEEM-USDT+0.0070%4h0.05739+0.035%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05746+0.157%$16K$11K5xas long as short
Binance STEEMUSDTshort+0.0100%4h0.05748+0.192%$2.1M$3.7M25x
MEXC STEEM_USDT+0.0100%4h0.05746+0.157%$421K$130K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05730−0.122%$427K$97K30xas long as short
Bitget STEEMUSDTlong+0.0100%4h0.05737long leg$480K$291K25x
Variational Omni STEEM+0.0100%4h0.05731−0.105%$12K$147as long as short
Gate STEEM_USDT+0.0504%4h0.05740+0.052%$282K$105K20xas long as short
Bybit STEEMUSDT+0.0521%4h0.05739+0.035%$1.2M$1.0M13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.2814%1h0.05769+0.560%$8K$5K10xas long as short