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

NEWT

all NEWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.020%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$803as in the Funding arb table
Net, price: spread back to 7d avg − costs−$792as in the Price arb table
costs, in and out, $10k−$8008.000% of the position
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)+0.020%+$2 · spread now −0.020%, 7d avg −0.096%
Together, before fees−0.008%−$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 0.075% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEWTUSDTM0.049540.0100pay 0.0050% / 4h2h 17m$325K$25K25x
ShortMEXC NEWT_USDT0.049530.0100get 0.0050% / 4h2h 17m$448K$211K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.020% → −0.096%
$7.54
Slippage, 4 orders
−$784
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$792.46
Costs to cover
8.000%
Break-even
never at this rate
Slippage from KuCoin: live order book, 26 min ago; MEXC: live order book, 28 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, 26 min ago38.21 bp325.7 bp −$326doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 28 min ago6.05 bp18.0 bp −$1866.0 bp −$660168.2 bp −$16.8Kdoesn't fit

NEWT on 6 exchanges

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%4h0.04954−0.008%$1.4M$3.3M25xas long as short
Bybit NEWTUSDT+0.0100%4h0.04953−0.020%$663K$940K20xas long as short
Gate NEWT_USDT+0.0100%8h0.04951−0.061%$217K$192K10xas long as short
MEXC NEWT_USDTshort+0.0100%4h0.04953−0.020%$448K$211K50x
KuCoin NEWTUSDTMlong+0.0100%4h0.04954long leg$325K$25K25x
Bitget NEWTUSDT+0.0100%4h0.04953−0.020%$337K$333K20xas long as short