Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin−0.040%94s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$400.399% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now −0.040%, 7d avg +0.001%
=Funding pays, the price is against you. MEXC is 0.041% cheaper against BloFin than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.001%). If the spread goes back, that is −$4 on $10k: about 7.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.001% in total) that is about 13 months. The two prices were read 94 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 | 2.5270 | 0.0082 | pay 0.0082% / 8h | 3h 29m | $157K | $82K | 75x |
| Short | MEXC NEO_USDT | 2.5260 | 0.0100 | get 0.0100% / 8h | 3h 29m | $2.8M | $778K | 50x |
BloFin NEO-USDT
MEXC NEO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $3.77
- Price spread: −0.040% → +0.001%
- −$4.09
- Slippage, 4 orders
- −$23.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$40.26
- Costs to cover
- 0.399%
- Break-even
- 81.7 days
Slippage from BloFin: live order book, 52 min ago; MEXC: live order book, 2 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, 52 min ago | 3.95 bp | 17.5 bp −$17 | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.98 bp | 4.0 bp −$4 | 13.8 bp −$138 | 82.4 bp −$8,240 | 169.3 bp −$84.6K |
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 | −0.0506% | 1h | 2.5272 | +0.007% | $23K | $3K | 20x | as long as short |
| BloFin NEO-USDTlong | +0.0082% | 8h | 2.5270 | long leg | $157K | $82K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.5289 | +0.075% | $288K | $242K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5261 | −0.034% | $3.3M | $5.1M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5260 | −0.040% | $1.6M | $868K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5260 | −0.040% | $351K | $693K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5270 | 0.000% | $233K | $113K | 50x | as long as short |
| MEXC NEO_USDTshort | +0.0100% | 8h | 2.5260 | −0.040% | $2.8M | $778K | 50x | |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5270 | 0.000% | $725K | $141K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5260 | −0.040% | $1.7M | $277K | 75x | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate 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 | 2.5260 | −0.040% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5306 | +0.141% | $21K | $11 | — | as long as short |
BingX NEO-USDC
Variational Omni NEO