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

NEWT

all NEWT markets
SwapBacktest
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: MEXC against Gate+0.226%7-day average +0.167% · 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−0.029%−$3 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.226%, 7d avg +0.167%
Together, before fees−0.007%−$1 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: MEXC is 0.059% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.167%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEWT_USDT0.048630.0100pay 0.0100% / 8h2h 21m$213K$192K10x
ShortMEXC NEWT_USDT0.048740.0100get 0.0050% / 4h2h 21m$414K$200K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.226% → +0.167%
$5.88
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$13.12
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 19 min ago; MEXC: live order book, 9 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, 19 min ago14.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 9 min ago1.04 bp12.3 bp −$1261.2 bp −$612178.7 bp −$17.9Kdoesn'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−0.0624%4h0.04881+0.370%$646K$999K20xas long as short
Binance NEWTUSDT+0.0100%4h0.04877+0.284%$1.4M$3.4M25xas long as short
Gate NEWT_USDTlong+0.0100%8h0.04863long leg$213K$192K10x
MEXC NEWT_USDTshort+0.0100%4h0.04874+0.226%$414K$200K50x
KuCoin NEWTUSDTM+0.0100%4h0.04867+0.082%$319K$45K25xas long as short
Bitget NEWTUSDT+0.0100%4h0.04877+0.288%$348K$368K20xas long as short