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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.100%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,426as in the Price arb table
costs, in and out, $10k−$1,42214.222% 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)+0.115%+$12 · spread now −0.100%, 7d avg −0.063%
Together, before fees+0.115%+$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: Bitget is 0.037% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEWTUSDTM0.050100.0100pay 0.0050% / 4h2h 55m$335K$40K25x
ShortBitget NEWTUSDT0.050050.0100get 0.0050% / 4h2h 55m$359K$234K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: −0.100% → −0.063%
−$3.71
Slippage, 4 orders
−$1,398.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,425.93
Costs to cover
14.222%
Break-even
never at this rate
Slippage from KuCoin: live order book, 76 min ago; Bitget: live order book, 49 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 KuCoin live order book, 76 min ago66.94 bp763.8 bp −$764doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 49 min ago11.08 bp49.3 bp −$49336.2 bp −$3,362doesn'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%4h0.05007−0.060%$1.4M$2.4M25xas long as short
Bybit NEWTUSDT+0.0100%4h0.05005−0.100%$638K$666K20xas long as short
Gate NEWT_USDT+0.0100%8h0.04997−0.259%$157K$79K10xas long as short
MEXC NEWT_USDT+0.0100%4h0.05006−0.080%$450K$185K50xas long as short
KuCoin NEWTUSDTMlong+0.0100%4h0.05010long leg$335K$40K25x
Bitget NEWTUSDTshort+0.0100%4h0.05005−0.100%$359K$234K20x