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

NEO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bitget+0.107%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.206%−$21 on $10k
Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.107%, 7d avg −0.009%
Together, before fees−0.380%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 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: Hyperliquid is 0.116% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEOUSDT2.51700.0100pay 0.0100% / 8h6h 51m$1.6M$285K75x
ShortHyperliquid NEO2.51970.0100get 0.0013% / 1h51m 01s$267K$201K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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: +0.107% → −0.009%
$11.58
Slippage, 4 orders
−$83.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$92.83
Costs to cover
1.044%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 58 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 Bitget live order book, 1 min ago1.99 bp37.4 bp −$3795.6 bp −$956doesn't fitdoesn't fit
Sell Hyperliquid live order book, 58 min ago0.60 bp15.4 bp −$1516.2 bp −$162doesn'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−0.0770%1h2.5154−0.062%$22K$3K20xas long as short
BloFin NEO-USDT+0.0098%8h2.5190+0.079%$159K$77K75xas long as short
Hyperliquid NEOshort+0.0100%1h2.5197+0.107%$267K$201K5x
Binance NEOUSDT+0.0100%8h2.5182+0.048%$3.3M$5.1M75xas long as short
Bybit NEOUSDT+0.0100%8h2.51700.000%$1.6M$888K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5150−0.079%$348K$656K20xas long as short
Gate NEO_USDT+0.0100%8h2.5160−0.040%$261K$117K50xas long as short
MEXC NEO_USDT+0.0100%8h2.51700.000%$2.8M$696K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5150−0.079%$733K$150K30xas long as short
Bitget NEOUSDTlong+0.0100%8h2.5170long leg$1.6M$285K75x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDT+0.0100%8h2.51700.000%$2.4Mas long as short
Variational Omni NEO+0.0100%8h2.5156−0.055%$21K$82as long as short