Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin−0.040%52s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$940.943% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 3 days (all we have)−0.108%−$11 · spread now −0.040%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% cheaper against BloFin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 52 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 | BloFin NEO-USDT | 2.5190 | 0.0098 | pay 0.0098% / 8h | 6h 50m | $159K | $77K | 75x |
| Short | Bybit NEOUSDT | 2.5180 | 0.0100 | get 0.0100% / 8h | 6h 50m | $1.6M | $888K | 75x |
BloFin NEO-USDT
Bybit NEOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $0.37
- Price spread: −0.040% → +0.012%
- −$5.15
- Slippage, 4 orders
- −$71.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$99.11
- Costs to cover
- 0.943%
- Break-even
- 1860.9 days
Slippage from BloFin: live order book, 66 min ago; Bybit: live order book, 1 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 BloFin live order book, 66 min ago | 1.99 bp | 13.6 bp −$14 | 26.3 bp −$263 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.96 bp | 31.6 bp −$32 | 193.8 bp −$1,938 | 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 | −0.0769% | 1h | 2.5194 | +0.017% | $23K | $3K | 20x | as long as short |
| BloFin NEO-USDTlong | +0.0098% | 8h | 2.5190 | long leg | $159K | $77K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.5198 | +0.032% | $267K | $201K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5180 | −0.040% | $3.4M | $5.1M | 75x | as long as short |
| Bybit NEOUSDTshort | +0.0100% | 8h | 2.5180 | −0.040% | $1.6M | $888K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5190 | 0.000% | $348K | $657K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5160 | −0.119% | $261K | $117K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5180 | −0.040% | $2.8M | $696K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5150 | −0.159% | $733K | $150K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5190 | 0.000% | $1.6M | $285K | 75x | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance 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-USDC | +0.0100% | 8h | 2.5170 | −0.079% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5156 | −0.135% | $21K | $82 | — | as long as short |
BingX NEO-USDC
Variational Omni NEO