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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STEEM_USDT | 0.05859 | 0.0100 | pay 0.0050% / 4h | 5m 23s | $488K | $147K | 20x |
| Short | KuCoin STEEMUSDTM | 0.05843 | 0.0100 | get 0.0050% / 4h | 5m 23s | $438K | $94K | 30x |
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 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: −0.273% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 15 min ago | 1.72 bp | 7.6 bp −$8 | 67.4 bp −$674 | 167.1 bp −$16.7K | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 23.19 bp | 282.0 bp −$282 | doesn't fit | 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 | 0.05843 | −0.273% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05847 | −0.206% | $17K | $11K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05860 | +0.014% | $2.1M | $3.7M | 25x | as long as short |
| MEXC STEEM_USDTlong | +0.0100% | 4h | 0.05859 | long leg | $488K | $147K | 20x | |
| KuCoin STEEMUSDTMshort | +0.0100% | 4h | 0.05843 | −0.273% | $438K | $94K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05860 | +0.017% | $484K | $302K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05837 | −0.372% | $12K | $267 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05845 | −0.239% | $39K | $56K | 20x | as long as short |
| Gate STEEM_USDT | +0.0914% | 4h | 0.05852 | −0.119% | $288K | $102K | 20x | as long as short |
| Bybit STEEMUSDT | +0.1578% | 4h | 0.05841 | −0.307% | $1.3M | $951K | 13x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.4555% | 1h | 0.05873 | +0.231% | $8K | $6K | 10x | as long as short |
MEXC STEEM_USDT
KuCoin STEEMUSDTM
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Gate STEEM_USDT
Bybit STEEMUSDT
Kraken Futures PF_STEEMUSD