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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.086%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.086%, 7d avg +0.015%
Together, before fees+0.015%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.071% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STEEM_USDT0.058150.0100pay 0.0050% / 4h1h 32m$428K$130K20x
ShortBitget STEEMUSDT0.058200.0100get 0.0050% / 4h1h 32m$488K$295K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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
$0
Price spread: +0.086% → +0.015%
$7.08
Slippage, 4 orders
−$66.06
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$78.97
Costs to cover
0.861%
Break-even
never at this rate
Slippage from MEXC: live order book, 59 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 59 min ago0.87 bp9.8 bp −$1083.7 bp −$837146.1 bp −$14.6K516.4 bp −$258.2K
Sell Bitget live order book, 4 min ago11.19 bp36.4 bp −$36132.6 bp −$1,326doesn't fitdoesn't fit

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%4h0.05814−0.017%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05815+0.004%$16K$11K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05816+0.017%$2.1M$3.6M25xas long as short
MEXC STEEM_USDTlong+0.0100%4h0.05815long leg$428K$130K20x
KuCoin STEEMUSDTM+0.0100%4h0.05812−0.052%$433K$95K30xas long as short
Bitget STEEMUSDTshort+0.0100%4h0.05820+0.086%$488K$295K25x
Variational Omni STEEM+0.0100%4h0.05797−0.301%$12K$147as long as short
HTX STEEM-USDT+0.0100%4h0.05800−0.258%$37K$44K20xas long as short
Gate STEEM_USDT+0.0688%4h0.05817+0.034%$286K$105K20xas long as short
Bybit STEEMUSDT+0.0790%4h0.05805−0.172%$1.3M$997K13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.5107%1h0.05828+0.228%$8K$6K10xas long as short