Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.069%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$900.905% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.752%−$75 · spread now +0.069%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.073% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STEEM_USDT | 0.05822 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $492K | $145K | 20x |
| Short | Binance STEEMUSDT | 0.05826 | 0.0100 | get 0.0050% / 4h | 2h 54m | $2.1M | $3.6M | 25x |
MEXC STEEM_USDT
Binance STEEMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.069% → −0.005%
- $7.32
- Slippage, 4 orders
- −$72.47
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.15
- Costs to cover
- 0.905%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; Binance: live order book, 11 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 MEXC live order book, 21 min ago | 2.55 bp | 12.4 bp −$12 | 84.4 bp −$844 | 159.5 bp −$16.0K | 568.9 bp −$284.4K |
| Sell Binance live order book, 11 min ago | 2.55 bp | 33.1 bp −$33 | 107.0 bp −$1,070 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05818 | −0.069% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05824 | +0.027% | $17K | $11K | 5x | as long as short |
| Binance STEEMUSDTshort | +0.0100% | 4h | 0.05826 | +0.069% | $2.1M | $3.6M | 25x | |
| MEXC STEEM_USDTlong | +0.0100% | 4h | 0.05822 | long leg | $492K | $145K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05827 | +0.086% | $436K | $88K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05827 | +0.086% | $481K | $296K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05842 | +0.350% | $12K | $267 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05836 | +0.240% | $39K | $56K | 20x | as long as short |
| Gate STEEM_USDT | +0.0550% | 4h | 0.05829 | +0.120% | $286K | $98K | 20x | as long as short |
| Bybit STEEMUSDT | +0.1054% | 4h | 0.05804 | −0.309% | $1.3M | $898K | 13x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Gate STEEM_USDT
Bybit STEEMUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.2804% | 1h | 0.05860 | +0.655% | $8K | $6K | 10x | as long as short |
Kraken Futures PF_STEEMUSD