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

NEWT

all NEWT markets
SwapBacktest
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: KuCoin against MEXC+0.290%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,291as in the Price arb table
costs, in and out, $10k−$1,31013.101% 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)−0.234%−$23 · spread now +0.290%, 7d avg +0.099%
Together, before fees−0.205%−$21 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: KuCoin is 0.191% dearer against MEXC than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEWT_USDT0.048260.0100pay 0.0050% / 4h2h 29m$414K$199K50x
ShortKuCoin NEWTUSDTM0.048400.0100get 0.0050% / 4h2h 29m$318K$45K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.290% → +0.099%
$19.08
Slippage, 4 orders
−$1,294.07
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,290.99
Costs to cover
13.101%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: 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 MEXC live order book, 1 min ago1.04 bp21.3 bp −$2171.0 bp −$710157.6 bp −$15.8Kdoesn't fit
Sell KuCoin live order book, 28 min ago42.00 bp568.0 bp −$568doesn'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
Bybit NEWTUSDT−0.0892%4h0.04838+0.249%$612K$969K20xas long as short
Binance NEWTUSDT+0.0100%4h0.04833+0.145%$1.4M$3.3M25xas long as short
Gate NEWT_USDT+0.0100%8h0.04833+0.145%$212K$191K10xas long as short
MEXC NEWT_USDTlong+0.0100%4h0.04826long leg$414K$199K50x
KuCoin NEWTUSDTMshort+0.0100%4h0.04840+0.290%$318K$45K25x
Bitget NEWTUSDT+0.0100%4h0.04835+0.186%$374K$349K20xas long as short