Funding you earn now, next payment 16:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance−0.158%51s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.812%+$81 · spread now −0.158%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.150% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.008%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEOUSDT | 2.5310 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $3.4M | $4.8M | 75x |
| Short | BloFin NEO-USDT | 2.5270 | 0.0073 | get 0.0073% / 8h | 7h 18m | $155K | $86K | 75x |
Binance NEOUSDT
BloFin NEO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$5.67
- Price spread: −0.158% → −0.008%
- −$15.05
- Slippage, 4 orders
- −$50.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$92.83
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 38 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 Binance live order book, 4 min ago | 1.98 bp | 20.6 bp −$21 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 1.99 bp | 10.9 bp −$11 | 32.9 bp −$329 | doesn't fit | doesn't fit |
NEO on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEOUSD | −0.0977% | 1h | 2.5280 | −0.120% | $23K | $696 | 20x | as long as short |
| BloFin NEO-USDTshort | +0.0073% | 8h | 2.5270 | −0.158% | $155K | $86K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.5318 | +0.032% | $418K | $299K | 5x | as long as short |
| Binance NEOUSDTlong | +0.0100% | 8h | 2.5310 | long leg | $3.4M | $4.8M | 75x | |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5300 | −0.040% | $1.6M | $651K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5290 | −0.079% | $371K | $728K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5270 | −0.158% | $233K | $97K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5310 | 0.000% | $2.5M | $915K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5280 | −0.119% | $718K | $133K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5290 | −0.079% | $1.7M | $222K | 75x | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDT | +0.0100% | 8h | 2.5300 | −0.040% | — | $2.4M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5276 | −0.133% | $21K | $11 | — | as long as short |
BingX NEO-USDT
Variational Omni NEO