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

NEWT

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Alert: funding
Alert: spread
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: MEXC against Binance−0.041%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.041%, 7d avg +0.012%
Together, before fees+0.053%+$5 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: MEXC is 0.052% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEWTUSDT0.049760.0100pay 0.0050% / 4h3h 55m$1.4M$2.6M25x
ShortMEXC NEWT_USDT0.049740.0100get 0.0050% / 4h3h 55m$446K$183K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.041% → +0.012%
−$5.24
Slippage, 4 orders
−$83.01
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$102.24
Costs to cover
0.970%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 46 min ago.

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, 10 min ago4.03 bp32.0 bp −$32252.7 bp −$2,527doesn't fitdoesn't fit
Sell MEXC live order book, 46 min ago1.98 bp9.9 bp −$1065.4 bp −$654166.8 bp −$16.7Kdoesn'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
Binance NEWTUSDTlong+0.0100%4h0.04976long leg$1.4M$2.6M25x
Bybit NEWTUSDT+0.0100%4h0.04973−0.061%$623K$769K20xas long as short
Gate NEWT_USDT+0.0100%8h0.04967−0.181%$140K$73K10xas long as short
MEXC NEWT_USDTshort+0.0100%4h0.04974−0.041%$446K$183K50x
KuCoin NEWTUSDTM+0.0100%4h0.04975−0.021%$333K$44K25xas long as short
Bitget NEWTUSDT+0.0100%4h0.04982+0.120%$358K$283K20xas long as short