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

NEWT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against KuCoin−0.159%7-day average −0.259% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,038as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,028as in the Price arb table
costs, in and out, $10k−$3,03830.379% 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)0.000%$0 · spread now −0.159%, 7d avg −0.259%
Together, before fees0.000%$0 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: Gate is 0.099% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.259%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEWTUSDTM0.050200.0100pay 0.0050% / 4h3h 12m$330K$26K25x
ShortGate NEWT_USDT0.050120.0100get 0.0100% / 8h7h 12m$220K$193K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.159% → −0.259%
$9.92
Slippage, 4 orders
−$3,010.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$3,027.98
Costs to cover
30.379%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; Gate: live order book, 13 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, 10 min ago45.31 bp612.9 bp −$613doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 13 min ago15.24 bp1668.3 bp −$1,668doesn'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
Binance NEWTUSDT+0.0100%4h0.05014−0.119%$1.4M$3.4M25xas long as short
Bybit NEWTUSDT+0.0100%4h0.05017−0.060%$668K$947K20xas long as short
Gate NEWT_USDTshort+0.0100%8h0.05012−0.159%$220K$193K10x
MEXC NEWT_USDT+0.0100%4h0.05016−0.080%$478K$207K50xas long as short
KuCoin NEWTUSDTMlong+0.0100%4h0.05020long leg$330K$26K25x
Bitget NEWTUSDT+0.0100%4h0.05015−0.100%$341K$340K20xas long as short