After costs, if the gap returns to its 7d average, $10k−$466
spread now−0.406%7d average+0.018%fees + slippage, in and out−$423spread needed4.234%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STEEM_USDT | 0.05661 | 0.0724 | pay 0.0362% / 4h | 1h 58m | $261K | $84K | 20x |
| Short | Bybit STEEMUSDT | 0.05638 | 0.1104 | get 0.0552% / 4h | 1h 58m | $1.3M | $914K | 13x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$40.63
- Funding while held
- $11.39
- Slippage, 4 orders
- −$397.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$452.63
- Spread needed to break even
- 4.234%
Slippage from Gate: live order book, 35 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0380%
- Per $10,000 a day
- +$11.39
- Average in range /8h
- —
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, 35 min ago | 5.29 bp | 169.0 bp −$169 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.66 bp | 52.9 bp −$53 | 161.0 bp −$1,610 | doesn't fit | doesn't fit |
STEEM price on every exchange
against the cheapest. Click to use as the short leg.STEEM on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDTshort | −0.406% | +0.1104% | 4h | $1.3M | $914K | 13x | |
| Variational Omni STEEM | −0.335% | +0.0838% | 4h | $11K | $146 | — | as long as short |
| BingX STEEM-USDT | −0.247% | +0.0960% | 4h | — | $1.6M | — | as long as short |
| KuCoin STEEMUSDTM | −0.212% | +0.0100% | 4h | $405K | $81K | 30x | as long as short |
| Binance STEEMUSDT | −0.177% | +0.0100% | 4h | $2.1M | $3.3M | 25x | as long as short |
| MEXC STEEM_USDT | −0.177% | +0.0100% | 4h | $355K | $104K | 20x | as long as short |
| Bitget STEEMUSDT | −0.177% | +0.0100% | 4h | $438K | $226K | 25x | as long as short |
| HTX STEEM-USDT | −0.159% | +0.0100% | 4h | $41K | $27K | 20x | as long as short |
| Aster STEEMUSDT | −0.015% | +0.0100% | 4h | $16K | $9K | 5x | as long as short |
| Gate STEEM_USDTlong | 0.000% | +0.0724% | 4h | $261K | $84K | 20x |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.098% | −0.0757% | 1h | $9K | $2K | 10x | as long as short |
Gate STEEM_USDT
Bybit STEEMUSDT
Variational Omni
BingX
KuCoin
Binance
MEXC
Bitget
HTX
Aster
Kraken Futures