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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0545%/8h= −59.6% APRpaid last 24h −0.142%
Price spread now: HTX against Kraken Futures−0.325%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
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and HTX is 0.325% cheaper against Kraken Futures than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_STEEMUSD0.057650.0645pay 0.0081% / 1h38m 26s$8K$5K10x
ShortHTX STEEM-USDT0.057460.0100get 0.0050% / 4h38m 26s$40K$32K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$114.39
Price spread: −0.325% → 0.000%
−$32.5
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$168.9
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; HTX: 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 Kraken Futures no order-book sample
Sell HTX no order-book sample
Kraken Futures and HTX: 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
BingX STEEM-USDT+0.0070%4h0.05746−0.325%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05764−0.010%$16K$10K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05751−0.238%$2.1M$3.4M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05750−0.256%$427K$110K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05758−0.117%$417K$92K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05759−0.100%$449K$241K25xas long as short
HTX STEEM-USDTshort+0.0100%4h0.05746−0.325%$40K$32K20x
Variational Omni STEEM+0.0373%4h0.05731−0.580%$12K$147as long as short
Kraken Futures PF_STEEMUSDlong+0.0645%1h0.05765long leg$8K$5K10x
Gate STEEM_USDT+0.1260%4h0.05760−0.082%$288K$121K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STEEMUSDT+0.1791%4h0.05732−0.568%$1.3M$972K13xas long as short