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

STEEM

all STEEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.2698%/8h= +295.5% APRpaid last 24h +0.074%
Price spread now: Kraken Futures against Variational Omni+0.497%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$81 a day on $10k at the current rate, and Kraken Futures is 0.497% dearer against Variational Omni than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni STEEM0.058420.0100pay 0.0050% / 4h2h 55m$12K$267
ShortKraken Futures PF_STEEMUSD0.058710.2798get 0.0350% / 1h55m 31s$8K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
$566.65
Price spread: +0.497% → 0.000%
$49.69
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$606.34
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.05845+0.045%$1.6Mas long as short
Aster STEEMUSDT+0.0100%4h0.05848+0.089%$17K$11K5xas long as short
Binance STEEMUSDT+0.0100%4h0.05844+0.022%$2.1M$3.6M25xas long as short
MEXC STEEM_USDT+0.0100%4h0.05847+0.079%$494K$145K20xas long as short
KuCoin STEEMUSDTM+0.0100%4h0.05852+0.165%$438K$88K30xas long as short
Bitget STEEMUSDT+0.0100%4h0.05848+0.097%$483K$296K25xas long as short
Variational Omni STEEMlong+0.0100%4h0.05842long leg$12K$267
HTX STEEM-USDT+0.0100%4h0.05862+0.336%$39K$56K20xas long as short
Gate STEEM_USDT+0.0584%4h0.05859+0.285%$288K$98K20xas long as short
Bybit STEEMUSDT+0.1173%4h0.05842−0.006%$1.3M$898K13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STEEMUSDshort+0.2798%1h0.05871+0.497%$8K$6K10x