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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEWTUSDT | 0.04976 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $1.4M | $2.6M | 25x |
| Short | MEXC NEWT_USDT | 0.04974 | 0.0100 | get 0.0050% / 4h | 3h 55m | $446K | $183K | 50x |
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 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: −0.041% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 4.03 bp | 32.0 bp −$32 | 252.7 bp −$2,527 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 46 min ago | 1.98 bp | 9.9 bp −$10 | 65.4 bp −$654 | 166.8 bp −$16.7K | 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 | 0.04976 | long leg | $1.4M | $2.6M | 25x | |
| Bybit NEWTUSDT | +0.0100% | 4h | 0.04973 | −0.061% | $623K | $769K | 20x | as long as short |
| Gate NEWT_USDT | +0.0100% | 8h | 0.04967 | −0.181% | $140K | $73K | 10x | as long as short |
| MEXC NEWT_USDTshort | +0.0100% | 4h | 0.04974 | −0.041% | $446K | $183K | 50x | |
| KuCoin NEWTUSDTM | +0.0100% | 4h | 0.04975 | −0.021% | $333K | $44K | 25x | as long as short |
| Bitget NEWTUSDT | +0.0100% | 4h | 0.04982 | +0.120% | $358K | $283K | 20x | as long as short |
Binance NEWTUSDT
MEXC NEWT_USDT
Bybit NEWTUSDT
Gate NEWT_USDT
KuCoin NEWTUSDTM
Bitget NEWTUSDT