Funding you earn now, next payment 12:00 UTC+0.0502%/8h= +55.0% APRnext payment +$2.51 per $10,000 · paid last 24h +0.253%
Price spread now: Gate against KuCoin+0.034%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$593as in the Funding arb table
Net, price: spread back to 7d avg − costs−$685as in the Price arb table
costs, in and out, $10k−$6796.787% of the position
Funding, last 7 days+0.861%+$86 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.034%, 7d avg +0.098%
=Funding pays, the price is against you. Gate is 0.064% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.098%). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STEEMUSDTM | 0.05849 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $444K | $91K | 30x |
| Short | Gate STEEM_USDT | 0.05851 | 0.0602 | get 0.0301% / 4h | 1h 08m | $287K | $99K | 20x |
KuCoin STEEMUSDTM
Gate STEEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $105.42
- Price spread: +0.034% → +0.098%
- −$6.35
- Slippage, 4 orders
- −$651.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$579.61
- Costs to cover
- 6.787%
- Break-even
- 45.5 days
Slippage from KuCoin: live order book, 27 min ago; Gate: live order book, 35 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, 27 min ago | 12.94 bp | 156.6 bp −$157 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 35 min ago | 13.69 bp | 158.9 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
STEEM on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05850 | +0.017% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05853 | +0.068% | $17K | $11K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05850 | +0.017% | $2.1M | $3.5M | 25x | as long as short |
| Bybit STEEMUSDT | +0.0100% | 4h | 0.05848 | −0.017% | $1.2M | $846K | 13x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05849 | 0.000% | $492K | $156K | 20x | as long as short |
| KuCoin STEEMUSDTMlong | +0.0100% | 4h | 0.05849 | long leg | $444K | $91K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05851 | +0.034% | $480K | $302K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05848 | −0.016% | $12K | $267 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05842 | −0.120% | $39K | $55K | 20x | as long as short |
| Gate STEEM_USDTshort | +0.0602% | 4h | 0.05851 | +0.034% | $287K | $99K | 20x |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
Bybit STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.2697% | 1h | 0.05867 | +0.307% | $8K | $6K | 10x | as long as short |
Kraken Futures PF_STEEMUSD