Funding you earn now, next payment 08:00 UTC−0.0412%/8h= −45.1% APRnext payment −$2.06 per $10,000 · paid last 24h −0.223%
Price spread now: Binance against Gate−0.073%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$533as in the Funding arb table
Net, price: spread back to 7d avg − costs−$425as in the Price arb table
costs, in and out, $10k−$4264.261% of the position
Funding, last 7 days−1.072%−$107 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now −0.073%, 7d avg −0.088%
=The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STEEM_USDT | 0.05749 | 0.0512 | pay 0.0256% / 4h | 2h 18m | $283K | $105K | 20x |
| Short | Binance STEEMUSDT | 0.05745 | 0.0100 | get 0.0050% / 4h | 2h 18m | $2.0M | $3.7M | 25x |
Gate STEEM_USDT
Binance STEEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$86.52
- Price spread: −0.073% → −0.088%
- $1.58
- Slippage, 4 orders
- −$401.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$511.04
- Costs to cover
- 4.261%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; Binance: live order book, 3 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 Gate live order book, 24 min ago | 6.06 bp | 197.3 bp −$197 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.74 bp | 39.2 bp −$39 | 112.7 bp −$1,127 | 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-USDT | +0.0070% | 4h | 0.05745 | −0.070% | — | $1.6M | — | as long as short |
| HTX STEEM-USDT | +0.0090% | 4h | 0.05726 | −0.400% | $37K | $44K | 20x | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05748 | −0.018% | $16K | $11K | 5x | as long as short |
| Binance STEEMUSDTshort | +0.0100% | 4h | 0.05745 | −0.073% | $2.0M | $3.7M | 25x | |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05744 | −0.087% | $421K | $131K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05742 | −0.122% | $432K | $97K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05747 | −0.035% | $481K | $291K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05731 | −0.313% | $12K | $147 | — | as long as short |
| Gate STEEM_USDTlong | +0.0512% | 4h | 0.05749 | long leg | $283K | $105K | 20x | |
| Bybit STEEMUSDT | +0.0550% | 4h | 0.05740 | −0.157% | $1.2M | $1.0M | 13x | as long as short |
BingX STEEM-USDT
HTX STEEM-USDT
Aster 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 | +0.2812% | 1h | 0.05774 | +0.436% | $8K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD