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

NEWT

all NEWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Binance−0.202%7-day average −0.158% · you buy dearer than you sell
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 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.025%−$2 · spread now −0.202%, 7d avg −0.158%
Together, before fees+0.007%+$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: Gate is 0.044% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.158%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEWTUSDT0.049430.0100pay 0.0050% / 4h1h 42m$1.3M$2.4M25x
ShortGate NEWT_USDT0.049330.0100get 0.0100% / 8h5h 42m$134K$66K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: −0.202% → −0.158%
−$4.39
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$29.39
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Gate: live order book, 12 min ago. 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 Binance live order book, 7 min ago5.05 bp36.9 bp −$37257.7 bp −$2,577doesn't fitdoesn't fit
Sell Gate live order book, 12 min ago15.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

NEWT on 6 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
Bybit NEWTUSDT−0.1438%4h0.04946+0.061%$652K$713K20xas long as short
Binance NEWTUSDTlong+0.0100%4h0.04943long leg$1.3M$2.4M25x
Gate NEWT_USDTshort+0.0100%8h0.04933−0.202%$134K$66K10x
MEXC NEWT_USDT+0.0100%4h0.049430.000%$368K$161K50xas long as short
KuCoin NEWTUSDTM+0.0100%4h0.04936−0.142%$329K$46K25xas long as short
Bitget NEWTUSDT+0.0100%4h0.04950+0.142%$356K$244K20xas long as short