Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.112%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$501as in the Funding arb table
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4384.375% of the position
Funding, last 7 days−0.632%−$63 on $10k
+Price spread, last 4 days (all we have)−0.347%−$35 · spread now +0.112%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.114% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STEEMUSDTM | 0.05736 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $417K | $92K | 30x |
| Short | Binance STEEMUSDT | 0.05742 | 0.0100 | get 0.0050% / 4h | 1h 06m | $2.1M | $3.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $0
- Price spread: +0.112% → −0.002%
- $11.45
- Slippage, 4 orders
- −$415.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$426.05
- Costs to cover
- 4.375%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 66 min ago; Binance: live order book, 15 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 KuCoin live order book, 66 min ago | 7.85 bp | 143.3 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.75 bp | 33.7 bp −$34 | 99.8 bp −$998 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | −0.0380% | 1h | 0.05756 | +0.347% | $8K | $5K | 10x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05732 | −0.070% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05743 | +0.114% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDTshort | +0.0100% | 4h | 0.05742 | +0.112% | $2.1M | $3.4M | 25x | |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05742 | +0.105% | $424K | $114K | 20x | as long as short |
| KuCoin STEEMUSDTMlong | +0.0100% | 4h | 0.05736 | long leg | $417K | $92K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05743 | +0.122% | $450K | $239K | 25x | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05732 | −0.070% | $40K | $32K | 20x | as long as short |
| Variational Omni STEEM | +0.0951% | 4h | 0.05710 | −0.458% | $12K | $147 | — | as long as short |
| Gate STEEM_USDT | +0.1386% | 4h | 0.05741 | +0.087% | $287K | $121K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.2117% | 4h | 0.05718 | −0.314% | $1.3M | $972K | 13x | as long as short |
KuCoin STEEMUSDTM
Binance STEEMUSDT
Kraken Futures PF_STEEMUSD
BingX STEEM-USDT
Aster STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
HTX STEEM-USDT
Variational Omni STEEM
Gate STEEM_USDT
Bybit STEEMUSDT