Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

NEWT

All NEWT markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotNEWTUSDT
0.03969spotno funding——$55K1xBuy Bybit Spot
SHORT
BybitNEWTUSDT
0.03962−0.0131pay 0.0065% / 4h10m 14s$313K$114K20xShort Bybit
Price gap−0.189%
Funding gap−0.0131% /8h

Funding costs $4 a day on $10k at the current rate: the perp's short pays now. A spot + perp pair earns only while the short is paid.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$14−0.0131% /8h now · paid +0.140% over the last 7D
Price−$2spread −0.189% now, avg −0.171% → −0.018% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs+$12+0.12%no pointscosts unknown: no order book for Bybit Spot ·

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.189%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NEWT on 6 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Bybit Spot: its slippage is not counted.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; Bybit runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$3.92Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$3.92.
  • Note: Gap at its usual level−0.189% vs −0.171%
    The price leg adds little either way.
  • Watch: Short leg is thin$313K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0067%/8h × 21 periods+$13.97
Price spread−0.189% → −0.171% (7d avg)−$1.84
Slippage, 4 ordersno data for Bybit Spot—
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$18.87
Costs to cover0.310%Break-even16.5 days
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot—————
SELL · SHORTBybit6.3573.4 bp−$73doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
Bybit Spot: no data.

Alert