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

NEWT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate+0.387%7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$680as in the Funding arb table
Net, price: spread back to 7d avg − costs−$661as in the Price arb table
costs, in and out, $10k−$6806.801% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.387%, 7d avg +0.201%
Together, before fees−0.067%−$7 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: Bitget is 0.186% dearer against Gate than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.201%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEWT_USDT0.049090.0100pay 0.0100% / 8h1h 08m$215K$198K10x
ShortBitget NEWTUSDT0.049280.0100get 0.0050% / 4h1h 08m$336K$363K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.387% → +0.201%
$18.59
Slippage, 4 orders
−$653.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$661.48
Costs to cover
6.801%
Break-even
never at this rate
Slippage from Gate: live order book, 28 min ago; Bitget: live order book, 27 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 Gate live order book, 28 min ago9.24 bp380.5 bp −$380doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 27 min ago6.17 bp61.8 bp −$62293.7 bp −$2,937doesn'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
Binance NEWTUSDT+0.0100%4h0.04928+0.386%$1.4M$3.5M25xas long as short
Bybit NEWTUSDT+0.0100%4h0.04928+0.387%$665K$1.0M20xas long as short
Gate NEWT_USDTlong+0.0100%8h0.04909long leg$215K$198K10x
MEXC NEWT_USDT+0.0100%4h0.04928+0.387%$410K$204K50xas long as short
KuCoin NEWTUSDTM+0.0100%4h0.04912+0.061%$322K$32K25xas long as short
Bitget NEWTUSDTshort+0.0100%4h0.04928+0.387%$336K$363K20x