Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against MEXC+0.040%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2882.878% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.040%, 7d avg +0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.050% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NEWT_USDT | 0.04976 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $417K | $179K | 50x |
| Short | Bybit NEWTUSDT | 0.04978 | 0.0100 | get 0.0050% / 4h | 3h 58m | $625K | $771K | 20x |
MEXC NEWT_USDT
Bybit NEWTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.040% → +0.090%
- −$5.01
- Slippage, 4 orders
- −$272.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$292.77
- Costs to cover
- 2.878%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 43 min ago; Bybit: live order book, 52 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, 43 min ago | 1.98 bp | 18.8 bp −$19 | 68.0 bp −$680 | 158.3 bp −$15.8K | doesn't fit |
| Sell Bybit live order book, 52 min ago | 4.97 bp | 140.8 bp −$141 | doesn't fit | 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 | 0.04977 | +0.028% | $1.4M | $2.7M | 25x | as long as short |
| Bybit NEWTUSDTshort | +0.0100% | 4h | 0.04978 | +0.040% | $625K | $771K | 20x | |
| Gate NEWT_USDT | +0.0100% | 8h | 0.04967 | −0.181% | $140K | $73K | 10x | as long as short |
| MEXC NEWT_USDTlong | +0.0100% | 4h | 0.04976 | long leg | $417K | $179K | 50x | |
| KuCoin NEWTUSDTM | +0.0100% | 4h | 0.04976 | 0.000% | $333K | $45K | 25x | as long as short |
| Bitget NEWTUSDT | +0.0100% | 4h | 0.04982 | +0.121% | $358K | $283K | 20x | as long as short |
Binance NEWTUSDT
Gate NEWT_USDT
KuCoin NEWTUSDTM
Bitget NEWTUSDT