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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.2603%/8h= +285.0% APRpaid last 24h +0.387%
Price spread now: Kraken Futures against HTX+0.403%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$78 a day on $10k at the current rate, and Kraken Futures is 0.403% dearer against HTX than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX STEEM-USDT0.058300.0100pay 0.0050% / 4h1h 52m$39K$56K20x
ShortKraken Futures PF_STEEMUSD0.058530.2703get 0.0338% / 1h52m 35s$8K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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
$546.62
Price spread: +0.403% → 0.000%
$40.3
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$564.92
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Kraken Futures no order-book sample
HTX and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STEEM-USDT+0.0070%4h0.05843+0.223%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05844+0.240%$17K$11K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05846+0.274%$2.1M$3.5M25xas long as short
Bybit STEEMUSDT+0.0100%4h0.05835+0.086%$1.2M$879K13xas long as short
MEXC STEEM_USDT+0.0100%4h0.05847+0.292%$491K$149K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05837+0.120%$446K$87K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05844+0.240%$480K$290K25xas long as short
Variational Omni STEEM+0.0100%4h0.05838+0.137%$12K$267as long as short
HTX STEEM-USDTlong+0.0100%4h0.05830long leg$39K$56K20x
Gate STEEM_USDT+0.0634%4h0.05849+0.326%$287K$98K20xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSDshort+0.2703%1h0.05853+0.403%$8K$6K10x