Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.081%7-day average +0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$866as in the Funding arb table
Net, price: spread back to 7d avg − costs−$888as in the Price arb table
costs, in and out, $10k−$8698.690% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.081%, 7d avg +0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.186% cheaper against Binance than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEWTUSDT | 0.04966 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $1.4M | $3.3M | 25x |
| Short | KuCoin NEWTUSDTM | 0.04962 | 0.0100 | get 0.0050% / 4h | 3h 48m | $326K | $30K | 25x |
Binance NEWTUSDT
KuCoin NEWTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: −0.081% → +0.105%
- −$18.6
- Slippage, 4 orders
- −$846.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$887.57
- Costs to cover
- 8.690%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 44 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 Binance live order book, 2 min ago | 2.01 bp | 34.9 bp −$35 | 347.1 bp −$3,471 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 44 min ago | 37.37 bp | 549.0 bp −$549 | doesn't fit | doesn't fit | doesn't fit |
NEWT on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NEWTUSDTlong | +0.0100% | 4h | 0.04966 | long leg | $1.4M | $3.3M | 25x | |
| Bybit NEWTUSDT | +0.0100% | 4h | 0.04966 | 0.000% | $661K | $975K | 20x | as long as short |
| Gate NEWT_USDT | +0.0100% | 8h | 0.04965 | −0.020% | $217K | $191K | 10x | as long as short |
| MEXC NEWT_USDT | +0.0100% | 4h | 0.04966 | 0.000% | $434K | $200K | 50x | as long as short |
| KuCoin NEWTUSDTMshort | +0.0100% | 4h | 0.04962 | −0.081% | $326K | $30K | 25x | |
| Bitget NEWTUSDT | +0.0100% | 4h | 0.04966 | 0.000% | $336K | $339K | 20x | as long as short |
Bybit NEWTUSDT
Gate NEWT_USDT
MEXC NEWT_USDT
Bitget NEWTUSDT