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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.3162%/8h= +346.2% APRpaid last 24h +0.292%
Price spread now: BingX against Kraken Futures−0.155%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. BingX is 0.155% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.155% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4 hours of funding at the current rate (+$95 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_STEEMUSD0.057240.1068pay 0.0133% / 1h39m 39s$9K$2K10x
ShortBingX STEEM-USDT0.057150.4230get 0.2115% / 4h3h 39m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Kraken Futures. 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
$664.03
Price spread: −0.155% → 0.000%
−$15.48
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$628.56
Costs to cover
0.200%
Break-even
0.4 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 12 min ago. 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 Kraken Futures no order-book sample
Sell BingX live order book, 12 min ago2.63 bp33.2 bp −$3389.8 bp −$898934.7 bp −$93.5K1259.1 bp −$629.5K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX STEEM-USDT+0.0042%4h0.05703−0.364%$40K$31K20xas long as short
Aster STEEMUSDT+0.0100%4h0.05717−0.121%$16K$9K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05719−0.086%$2.1M$3.3M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05719−0.085%$397K$105K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05722−0.032%$419K$85K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05721−0.050%$442K$222K25xas long as short
Kraken Futures PF_STEEMUSDlong+0.1068%1h0.05724long leg$9K$2K10x
Gate STEEM_USDT+0.2138%4h0.05729+0.090%$288K$112K20xas long as short
Variational Omni STEEM+0.2926%4h0.05689−0.617%$12K$147as long as short
BingX STEEM-USDTshort+0.4230%4h0.05715−0.155%$1.6M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STEEMUSDT+0.5122%4h0.05695−0.504%$1.3M$956K13xas long as short