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

NEWT

all NEWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate+0.319%7-day average +0.158% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.319%, 7d avg +0.158%
Together, before fees−0.124%−$12 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: Binance is 0.161% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.158%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEWT_USDT0.050170.0100pay 0.0100% / 8h4h 53m$143K$83K10x
ShortBinance NEWTUSDT0.050330.0100get 0.0050% / 4h53m 31s$1.4M$2.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: +0.319% → +0.158%
$16.05
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$8.95
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 62 min ago; Binance: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 62 min ago15.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.99 bp39.8 bp −$40204.1 bp −$2,041doesn'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
Bybit NEWTUSDT−0.1006%4h0.05032+0.299%$652K$734K20xas long as short
Binance NEWTUSDTshort+0.0100%4h0.05033+0.319%$1.4M$2.5M25x
Gate NEWT_USDTlong+0.0100%8h0.05017long leg$143K$83K10x
MEXC NEWT_USDT+0.0100%4h0.05031+0.279%$434K$173K50xas long as short
KuCoin NEWTUSDTM+0.0100%4h0.05031+0.279%$336K$46K25xas long as short
Bitget NEWTUSDT+0.0100%4h0.05034+0.339%$359K$264K20xas long as short