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: 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.126%−$13 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEWTUSDT0.048800.0100pay 0.0050% / 4h1h 43m$340K$371K20x
ShortBinance NEWTUSDT0.048810.0100get 0.0050% / 4h1h 43m$1.4M$3.5M25x

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 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: +0.020% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 57 min ago7.18 bp173.9 bp −$174711.8 bp −$7,118doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago3.05 bp38.3 bp −$38222.1 bp −$2,221doesn'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+0.0038%4h0.04884+0.082%$646K$1.0M20xas long as short
Binance NEWTUSDTshort+0.0100%4h0.04881+0.020%$1.4M$3.5M25x
Gate NEWT_USDT+0.0100%8h0.04881+0.020%$214K$192K10xas long as short
MEXC NEWT_USDT+0.0100%4h0.04876−0.082%$409K$201K50xas long as short
KuCoin NEWTUSDTM+0.0100%4h0.04896+0.328%$321K$45K25xas long as short
Bitget NEWTUSDTlong+0.0100%4h0.04880long leg$340K$371K20x