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: KuCoin against MEXC−0.273%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$398as in the Funding arb table
Net, price: spread back to 7d avg − costs−$481as in the Price arb table
costs, in and out, $10k−$4554.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.567%+$57 on $10k
Price spread, last 4 days (all we have)+0.291%+$29 · spread now −0.273%, 7d avg −0.015%
Together, before fees+0.858%+$86 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: KuCoin is 0.258% cheaper against MEXC than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STEEM_USDT0.058590.0100pay 0.0050% / 4h5m 23s$488K$147K20x
ShortKuCoin STEEMUSDTM0.058430.0100get 0.0050% / 4h5m 23s$438K$94K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.273% → −0.015%
−$25.8
Slippage, 4 orders
−$434.94
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$480.75
Costs to cover
4.549%
Break-even
never at this rate
Slippage from MEXC: live order book, 15 min ago; KuCoin: live order book, 28 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, 15 min ago1.72 bp7.6 bp −$867.4 bp −$674167.1 bp −$16.7Kdoesn't fit
Sell KuCoin live order book, 28 min ago23.19 bp282.0 bp −$282doesn't fitdoesn'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%4h0.05843−0.273%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05847−0.206%$17K$11K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05860+0.014%$2.1M$3.7M25xas long as short
MEXC STEEM_USDTlong+0.0100%4h0.05859long leg$488K$147K20x
KuCoin STEEMUSDTMshort+0.0100%4h0.05843−0.273%$438K$94K30x
Bitget STEEMUSDT+0.0100%4h0.05860+0.017%$484K$302K25xas long as short
Variational Omni STEEM+0.0100%4h0.05837−0.372%$12K$267as long as short
HTX STEEM-USDT+0.0100%4h0.05845−0.239%$39K$56K20xas long as short
Gate STEEM_USDT+0.0914%4h0.05852−0.119%$288K$102K20xas long as short
Bybit STEEMUSDT+0.1578%4h0.05841−0.307%$1.3M$951K13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSD+0.4555%1h0.05873+0.231%$8K$6K10xas long as short