Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against Bybit+0.020%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$998as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,006as in the Price arb table
costs, in and out, $10k−$1,00810.076% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.020%, 7d avg +0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEWTUSDT | 0.04966 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $662K | $975K | 20x |
| Short | KuCoin NEWTUSDTM | 0.04967 | 0.0100 | get 0.0050% / 4h | 3h 44m | $326K | $28K | 25x |
Bybit NEWTUSDT
KuCoin NEWTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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% → +0.008%
- $1.17
- Slippage, 4 orders
- −$984.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,006.46
- Costs to cover
- 10.076%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 26 min ago; KuCoin: live order book, 48 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 Bybit live order book, 26 min ago | 5.07 bp | 98.3 bp −$98 | 582.3 bp −$5,823 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 37.37 bp | 549.0 bp −$549 | 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 | 0.04967 | +0.011% | $1.4M | $3.3M | 25x | as long as short |
| Bybit NEWTUSDTlong | +0.0100% | 4h | 0.04966 | long leg | $662K | $975K | 20x | |
| Gate NEWT_USDT | +0.0100% | 8h | 0.04963 | −0.060% | $217K | $191K | 10x | as long as short |
| MEXC NEWT_USDT | +0.0100% | 4h | 0.04965 | −0.020% | $434K | $200K | 50x | as long as short |
| KuCoin NEWTUSDTMshort | +0.0100% | 4h | 0.04967 | +0.020% | $326K | $28K | 25x | |
| Bitget NEWTUSDT | +0.0100% | 4h | 0.04964 | −0.040% | $336K | $337K | 20x | as long as short |
Binance NEWTUSDT
Gate NEWT_USDT
MEXC NEWT_USDT
Bitget NEWTUSDT