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

NEWT

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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: KuCoin against Gate+0.121%7-day average +0.267% · 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 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.162%+$16 · spread now +0.121%, 7d avg +0.267%
Together, before fees+0.162%+$16 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: KuCoin is 0.147% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.267%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEWT_USDT0.049700.0100pay 0.0100% / 8h4h 25m$140K$87K10x
ShortKuCoin NEWTUSDTM0.049760.0100get 0.0050% / 4h25m 04s$333K$46K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.121% → +0.267%
−$14.68
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$41.68
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 25 min ago; KuCoin: live order book, 57 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, 25 min ago14.94 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 57 min ago58.96 bp442.8 bp −$443doesn't fitdoesn'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−0.0890%4h0.04986+0.322%$646K$748K20xas long as short
Binance NEWTUSDT+0.0100%4h0.04982+0.243%$1.4M$2.6M25xas long as short
Gate NEWT_USDTlong+0.0100%8h0.04970long leg$140K$87K10x
MEXC NEWT_USDT+0.0100%4h0.04984+0.282%$412K$180K50xas long as short
KuCoin NEWTUSDTMshort+0.0100%4h0.04976+0.121%$333K$46K25x
Bitget NEWTUSDT+0.0100%4h0.04991+0.423%$372K$287K20xas long as short