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

NEO

all NEO 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: Gate against Binance−0.237%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$602as in the Funding arb table
Net, price: spread back to 7d avg − costs−$628as in the Price arb table
costs, in and out, $10k−$6066.059% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$3 on $10k
Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.237%, 7d avg −0.011%
Together, before fees+0.280%+$28 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: Gate is 0.226% cheaper against Binance than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEOUSDT2.53200.0100pay 0.0100% / 8h4h 30m$3.3M$5.2M75x
ShortGate NEO_USDT2.52600.0100get 0.0100% / 8h4h 30m$233K$117K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: −0.237% → −0.011%
−$22.56
Slippage, 4 orders
−$580.93
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$628.48
Costs to cover
6.059%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 21 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 Binance live order book, 8 min ago2.00 bp20.4 bp −$2058.2 bp −$582doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago3.99 bp161.7 bp −$162doesn't fitdoesn't fitdoesn't fit

NEO on 12 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
Kraken Futures PF_NEOUSD−0.0594%1h2.5271−0.193%$23K$3K20xas long as short
BloFin NEO-USDT+0.0081%8h2.5270−0.197%$157K$82K75xas long as short
Hyperliquid NEO+0.0100%1h2.5352+0.126%$290K$242K5xas long as short
Binance NEOUSDTlong+0.0100%8h2.5320long leg$3.3M$5.2M75x
Bybit NEOUSDT+0.0100%8h2.5300−0.079%$1.6M$892K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5290−0.118%$353K$714K20xas long as short
Gate NEO_USDTshort+0.0100%8h2.5260−0.237%$233K$117K50x
MEXC NEO_USDT+0.0100%8h2.5300−0.079%$2.8M$774K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5280−0.158%$730K$141K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5290−0.118%$1.7M$279K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDT+0.0100%8h2.5290−0.118%$2.4Mas long as short
Variational Omni NEO+0.0100%8h2.5256−0.254%$21K$11as long as short