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 MEXC+0.020%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.020%, 7d avg +0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NEWT_USDT | 0.04940 | 0.0100 | pay 0.0050% / 4h | 1m 23s | $432K | $204K | 50x |
| Short | Bitget NEWTUSDT | 0.04941 | 0.0100 | get 0.0050% / 4h | 1m 23s | $334K | $346K | 20x |
MEXC NEWT_USDT
Bitget NEWTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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% → +0.035%
- −$1.45
- Slippage, 4 orders
- −$106.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$123.58
- Costs to cover
- 1.221%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 19 min ago; Bitget: live order book, 29 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 19 min ago | 2.03 bp | 15.6 bp −$16 | 61.0 bp −$610 | 168.1 bp −$16.8K | doesn't fit |
| Sell Bitget live order book, 29 min ago | 9.11 bp | 53.3 bp −$53 | 263.8 bp −$2,638 | doesn't fit | doesn't fit |
NEWT on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEWTUSDT | +0.0100% | 4h | 0.04941 | +0.011% | $1.4M | $3.4M | 25x | as long as short |
| Bybit NEWTUSDT | +0.0100% | 4h | 0.04941 | +0.020% | $659K | $985K | 20x | as long as short |
| Gate NEWT_USDT | +0.0100% | 8h | 0.04939 | −0.020% | $216K | $195K | 10x | as long as short |
| MEXC NEWT_USDTlong | +0.0100% | 4h | 0.04940 | long leg | $432K | $204K | 50x | |
| KuCoin NEWTUSDTM | +0.0100% | 4h | 0.04944 | +0.081% | $324K | $32K | 25x | as long as short |
| Bitget NEWTUSDTshort | +0.0100% | 4h | 0.04941 | +0.020% | $334K | $346K | 20x |
Binance NEWTUSDT
Bybit NEWTUSDT
Gate NEWT_USDT
KuCoin NEWTUSDTM