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: MEXC against Bybit−0.081%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2402.399% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.081%, 7d avg −0.087%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEWTUSDT | 0.04948 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $659K | $979K | 20x |
| Short | MEXC NEWT_USDT | 0.04944 | 0.0100 | get 0.0050% / 4h | 3h 55m | $432K | $199K | 50x |
Bybit NEWTUSDT
MEXC NEWT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.081% → −0.087%
- $0.59
- Slippage, 4 orders
- −$224.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$239.28
- Costs to cover
- 2.399%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 15 min ago; MEXC: live order book, 25 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, 15 min ago | 5.07 bp | 98.3 bp −$98 | 582.3 bp −$5,823 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 2.03 bp | 17.0 bp −$17 | 69.8 bp −$698 | 161.3 bp −$16.1K | 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 | 0.04943 | −0.101% | $1.4M | $3.4M | 25x | as long as short |
| Bybit NEWTUSDTlong | +0.0100% | 4h | 0.04948 | long leg | $659K | $979K | 20x | |
| Gate NEWT_USDT | +0.0100% | 8h | 0.04945 | −0.061% | $216K | $191K | 10x | as long as short |
| MEXC NEWT_USDTshort | +0.0100% | 4h | 0.04944 | −0.081% | $432K | $199K | 50x | |
| KuCoin NEWTUSDTM | +0.0100% | 4h | 0.04946 | −0.040% | $325K | $32K | 25x | as long as short |
| Bitget NEWTUSDT | +0.0100% | 4h | 0.04947 | −0.020% | $335K | $340K | 20x | as long as short |
Binance NEWTUSDT
Gate NEWT_USDT
KuCoin NEWTUSDTM
Bitget NEWTUSDT