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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin+0.239%115s7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$730.731% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 3 days (all we have)−0.378%−$38 · spread now +0.239%, 7d avg −0.026%
Together, before fees−0.342%−$34 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: Bitget is 0.265% dearer against BloFin than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEO-USDT2.51500.0094pay 0.0094% / 8h7h 15m$149K$77K75x
ShortBitget NEOUSDT2.52100.0100get 0.0100% / 8h7h 15m$1.6M$269K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$1.36
Price spread: +0.239% → −0.026%
$26.46
Slippage, 4 orders
−$49.11
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$45.29
Costs to cover
0.731%
Break-even
239.6 days
Slippage from BloFin: live order book, 41 min ago; Bitget: live order book, 1 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 BloFin live order book, 41 min ago1.99 bp13.6 bp −$1426.3 bp −$263doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.96 bp27.0 bp −$2759.6 bp −$596doesn'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−0.0495%1h2.5203+0.212%$23K$3K20xas long as short
BloFin NEO-USDTlong+0.0094%8h2.5150long leg$149K$77K75x
Hyperliquid NEO+0.0100%1h2.5230+0.318%$271K$197K5xas long as short
Binance NEOUSDT+0.0100%8h2.5219+0.276%$3.2M$4.6M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5230+0.318%$1.6M$842K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5210+0.239%$345K$593K20xas long as short
Gate NEO_USDT+0.0100%8h2.5190+0.159%$260K$116K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5210+0.239%$3.0M$678K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5190+0.159%$739K$148K30xas long as short
Bitget NEOUSDTshort+0.0100%8h2.5210+0.239%$1.6M$269K75x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDT+0.0100%8h2.5220+0.278%$2.4Mas long as short
Variational Omni NEO+0.0100%8h2.5186+0.144%$21K$82as long as short