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

NEWT

all NEWT markets
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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: Binance against MEXC+0.060%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.060%, 7d avg −0.012%
Together, before fees−0.089%−$9 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: Binance is 0.072% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEWT_USDT0.050030.0100pay 0.0050% / 4h2h 56m$450K$185K50x
ShortBinance NEWTUSDT0.050060.0100get 0.0050% / 4h2h 56m$1.4M$2.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.060% → −0.012%
$7.17
Slippage, 4 orders
−$94.8
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$101.63
Costs to cover
1.088%
Break-even
never at this rate
Slippage from MEXC: live order book, 39 min ago; Binance: live order book, 8 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 MEXC live order book, 39 min ago4.04 bp17.5 bp −$1864.7 bp −$647195.0 bp −$19.5Kdoesn't fit
Sell Binance live order book, 8 min ago4.00 bp34.0 bp −$34226.3 bp −$2,263doesn'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 NEWTUSDTshort+0.0100%4h0.05006+0.060%$1.4M$2.4M25x
Bybit NEWTUSDT+0.0100%4h0.05006+0.060%$634K$667K20xas long as short
Gate NEWT_USDT+0.0100%8h0.04992−0.220%$157K$79K10xas long as short
MEXC NEWT_USDTlong+0.0100%4h0.05003long leg$450K$185K50x
KuCoin NEWTUSDTM+0.0100%4h0.05010+0.140%$335K$40K25xas long as short
Bitget NEWTUSDT+0.0100%4h0.05006+0.060%$359K$234K20xas long as short