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: Binance against Bitget+0.020%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$411as in the Price arb table
costs, in and out, $10k−$4184.177% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.020%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.067% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NEWTUSDT | 0.04880 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $340K | $371K | 20x |
| Short | Binance NEWTUSDT | 0.04881 | 0.0100 | get 0.0050% / 4h | 1h 43m | $1.4M | $3.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.020% → −0.046%
- $6.65
- Slippage, 4 orders
- −$395.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$411.03
- Costs to cover
- 4.177%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 57 min ago; Binance: live order book, 8 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 Bitget live order book, 57 min ago | 7.18 bp | 173.9 bp −$174 | 711.8 bp −$7,118 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.05 bp | 38.3 bp −$38 | 222.1 bp −$2,221 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEWTUSDT | +0.0038% | 4h | 0.04884 | +0.082% | $646K | $1.0M | 20x | as long as short |
| Binance NEWTUSDTshort | +0.0100% | 4h | 0.04881 | +0.020% | $1.4M | $3.5M | 25x | |
| Gate NEWT_USDT | +0.0100% | 8h | 0.04881 | +0.020% | $214K | $192K | 10x | as long as short |
| MEXC NEWT_USDT | +0.0100% | 4h | 0.04876 | −0.082% | $409K | $201K | 50x | as long as short |
| KuCoin NEWTUSDTM | +0.0100% | 4h | 0.04896 | +0.328% | $321K | $45K | 25x | as long as short |
| Bitget NEWTUSDTlong | +0.0100% | 4h | 0.04880 | long leg | $340K | $371K | 20x |
Bitget NEWTUSDT
Binance NEWTUSDT
Bybit NEWTUSDT
Gate NEWT_USDT
MEXC NEWT_USDT
KuCoin NEWTUSDTM