STEEM Funding Rate — live across 5 venues

Compared across 5 supported venues · net of estimated fees · updated every few minutes

Live annualized STEEM perpetual funding across all 5 venues Perpia tracks. Right now STEEM funding is positive on 5 and negative on 0, ranging from +10.9% on Bybit to +2.2% on Binance — a spread of 8.8%. The widest delta-neutral trade is long Binance / short Bybit at 5.5% net APR.

venues

paying positive

8.8%

funding spread

Best STEEM spread now

5.5%

net APR after fees

Long Binance→Short Bybit

size depends on live venue depth — see the real cap in the scanner

STEEM funding trend & liquidity

168h of history

8.8%

current gross APR

0.3%

24h average

-0.3%

7-day average

$610K

pair OI · lower leg

$120K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

STEEM funding rate history

30d · 6h buckets · 8 venues

27.7%0-206.6%

10 Aug9 Sep

STEEM — average across 8 venuesAsterBinanceBitgetKuCoin

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: -3.0%. A break in a line means no data was recorded for that stretch, not a zero rate.

STEEM funding rate by venue

6 pairs scanned

Venue	Funding APR	Interval
Bybit ↗	+10.9%	4h
BingX ↗	+10.9%	4h
Bitget ↗	+10.9%	4h
MEXC ↗	+2.6%	4h
Binance ↗	+2.2%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Binance vs Bybit page.

STEEM arbitrage — 30-day backtest

long Binance · short Bybit

8.7%

backtested APR

+$71

historical net P&L on $10,000

0.20%

max drawdown

$10,000$10,071

30 days agostarting capital $10,000today

Over the last 30 days, holding long Binance / short Bybit would have produced 8.7% APR — versus the 5.5% the live spread implies right now (equity $10,000 → $10,071). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading STEEM backtest…

STEEM funding — FAQ

Is STEEM funding positive right now?

STEEM perpetual funding is positive on 5 of 5 venues Perpia tracks. The highest is +10.9% on Bybit; the lowest is +2.2% on Binance.

What is the best STEEM funding arbitrage right now?

Go long Binance and short Bybit for about 5.5% net APR after fees — the widest delta-neutral STEEM spread Perpia currently sees.

Which exchange has the highest STEEM funding rate?

Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How STEEM funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to STEEM

Markets also quoted on both Binance and Bybit — the same two exchanges you would already have funded for the STEEM trade.

See every spread between them on the Binance vs Bybit page.

Open the live scanner →All funding rates Funding by exchange How we calculate this