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: KuCoin against Bitget+0.200%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,409as in the Price arb table
costs, in and out, $10k−$1,42214.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.215%−$22 · spread now +0.200%, 7d avg +0.063%
Together, before fees−0.215%−$22 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: KuCoin is 0.137% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEWTUSDT0.050050.0100pay 0.0050% / 4h2h 55m$359K$234K20x
ShortKuCoin NEWTUSDTM0.050150.0100get 0.0050% / 4h2h 55m$335K$40K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.200% → +0.063%
$13.71
Slippage, 4 orders
−$1,398.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,408.5
Costs to cover
14.222%
Break-even
never at this rate
Slippage from Bitget: live order book, 49 min ago; KuCoin: live order book, 76 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, 49 min ago11.08 bp38.1 bp −$38391.0 bp −$3,910doesn't fitdoesn't fit
Sell KuCoin live order book, 76 min ago66.94 bp571.0 bp −$571doesn't fitdoesn'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
Binance NEWTUSDT+0.0100%4h0.05008+0.060%$1.4M$2.4M25xas long as short
Bybit NEWTUSDT+0.0100%4h0.05008+0.060%$638K$666K20xas long as short
Gate NEWT_USDT+0.0100%8h0.05000−0.100%$157K$79K10xas long as short
MEXC NEWT_USDT+0.0100%4h0.05006+0.020%$450K$185K50xas long as short
KuCoin NEWTUSDTMshort+0.0100%4h0.05015+0.200%$335K$40K25x
Bitget NEWTUSDTlong+0.0100%4h0.05005long leg$359K$234K20x