Settings8H · net · $10k
Funding arb · Price arb /

NEWT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.199%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.199%, 7d avg −0.033%
Together, before fees+0.079%+$8 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: MEXC is 0.165% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEWTUSDT0.050360.0100pay 0.0050% / 4h51m 13s$359K$264K20x
ShortMEXC NEWT_USDT0.050260.0100get 0.0050% / 4h51m 13s$433K$174K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.199% → −0.033%
−$16.54
Slippage, 4 orders
−$108.66
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$141.2
Costs to cover
1.247%
Break-even
never at this rate
Slippage from Bitget: live order book, 64 min ago; MEXC: live order book, 54 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, 64 min ago9.10 bp43.6 bp −$44365.7 bp −$3,657doesn't fitdoesn't fit
Sell MEXC live order book, 54 min ago1.01 bp16.2 bp −$1671.6 bp −$716204.5 bp −$20.4Kdoesn'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−0.0989%4h0.05032−0.079%$655K$737K20xas long as short
Binance NEWTUSDT+0.0100%4h0.05030−0.119%$1.4M$2.5M25xas long as short
Gate NEWT_USDT+0.0100%8h0.05020−0.318%$143K$83K10xas long as short
MEXC NEWT_USDTshort+0.0100%4h0.05026−0.199%$433K$174K50x
KuCoin NEWTUSDTM+0.0100%4h0.05028−0.159%$336K$46K25xas long as short
Bitget NEWTUSDTlong+0.0100%4h0.05036long leg$359K$264K20x