Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget−0.386%7-day average −0.201% · you buy dearer than you sell
Net, funding: paid 7d − costs−$680as in the Funding arb table
Net, price: spread back to 7d avg − costs−$699as in the Price arb table
costs, in and out, $10k−$6806.801% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.386%, 7d avg −0.201%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.184% cheaper against Bitget than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.201%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NEWTUSDT | 0.04928 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $336K | $363K | 20x |
| Short | Gate NEWT_USDT | 0.04909 | 0.0100 | get 0.0100% / 8h | 1h 08m | $215K | $198K | 10x |
Bitget NEWTUSDT
Gate NEWT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.386% → −0.201%
- −$18.44
- Slippage, 4 orders
- −$653.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$698.52
- Costs to cover
- 6.801%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 27 min ago; Gate: live order book, 28 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, 27 min ago | 6.17 bp | 52.6 bp −$53 | 519.6 bp −$5,196 | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 9.24 bp | 185.2 bp −$185 | 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 NEWTUSDT | +0.0100% | 4h | 0.04925 | −0.068% | $1.4M | $3.5M | 25x | as long as short |
| Bybit NEWTUSDT | +0.0100% | 4h | 0.04927 | −0.020% | $665K | $1.0M | 20x | as long as short |
| Gate NEWT_USDTshort | +0.0100% | 8h | 0.04909 | −0.386% | $215K | $198K | 10x | |
| MEXC NEWT_USDT | +0.0100% | 4h | 0.04921 | −0.142% | $409K | $204K | 50x | as long as short |
| KuCoin NEWTUSDTM | +0.0100% | 4h | 0.04922 | −0.122% | $323K | $32K | 25x | as long as short |
| Bitget NEWTUSDTlong | +0.0100% | 4h | 0.04928 | long leg | $336K | $363K | 20x |
Binance NEWTUSDT
Bybit NEWTUSDT
MEXC NEWT_USDT
KuCoin NEWTUSDTM