Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX−0.040%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.748% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)+0.156%+$16 · spread now −0.040%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.034% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NEO-USDT | 2.5200 | 0.0100 | pay 0.0100% / 8h | 5h 40m | — | $2.4M | — |
| Short | BloFin NEO-USDT | 2.5190 | 0.0092 | get 0.0092% / 8h | 5h 40m | $159K | $80K | 75x |
BingX NEO-USDT
BloFin NEO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$1.58
- Price spread: −0.040% → −0.005%
- −$3.44
- Slippage, 4 orders
- −$52.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.84
- Costs to cover
- 0.748%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 71 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 BingX live order book, 8 min ago | 5.97 bp | 17.1 bp −$17 | 46.0 bp −$460 | 396.2 bp −$39.6K | 495.3 bp −$247.7K |
| Sell BloFin live order book, 71 min ago | 1.99 bp | 16.0 bp −$16 | 37.0 bp −$370 | 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 | −0.0344% | 1h | 2.5161 | −0.155% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDTshort | +0.0092% | 8h | 2.5190 | −0.040% | $159K | $80K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.5210 | +0.040% | $269K | $225K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5186 | −0.056% | $3.4M | $5.1M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5180 | −0.079% | $1.6M | $885K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5160 | −0.159% | $352K | $708K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5180 | −0.079% | $233K | $113K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5170 | −0.119% | $2.9M | $766K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5170 | −0.119% | $729K | $151K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5170 | −0.119% | $1.6M | $276K | 75x | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
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-USDTlong | +0.0100% | 8h | 2.5200 | long leg | — | $2.4M | — | |
| Variational Omni NEO | +0.0100% | 8h | 2.5160 | −0.158% | $21K | $11 | — | as long as short |
Variational Omni NEO