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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.040%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$399as in the Price arb table
costs, in and out, $10k−$4054.049% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.040%, 7d avg −0.020%
Together, before fees+0.024%+$2 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: Gate is 0.059% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEOUSDT2.52400.0100pay 0.0100% / 8h6h 30m$1.6M$895K75x
ShortGate NEO_USDT2.52500.0100get 0.0100% / 8h6h 30m$262K$118K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.040% → −0.020%
$5.92
Slippage, 4 orders
−$378.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$398.95
Costs to cover
4.049%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 31 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 Bybit live order book, 1 min ago3.96 bp29.0 bp −$2976.8 bp −$768doesn't fitdoesn't fit
Sell Gate live order book, 31 min ago11.85 bp218.6 bp −$219doesn't fitdoesn't fitdoesn't fit

NEO on 11 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−0.0767%1h2.5237−0.010%$23K$3K20xas long as short
Hyperliquid NEO+0.0100%1h2.5252+0.048%$270K$223K5xas long as short
Binance NEOUSDT+0.0100%8h2.5230−0.040%$3.4M$5.2M75xas long as short
Bybit NEOUSDTlong+0.0100%8h2.5240long leg$1.6M$895K75x
OKX NEO-USDT-SWAP+0.0100%8h2.5220−0.079%$358K$696K20xas long as short
Gate NEO_USDTshort+0.0100%8h2.5250+0.040%$262K$118K50x
MEXC NEO_USDT+0.0100%8h2.5230−0.040%$2.9M$731K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5250+0.040%$734K$151K30xas long as short
Bitget NEOUSDT+0.0100%8h2.52400.000%$1.6M$283K75xas long as short
BingX NEO-USDT+0.0100%8h2.5230−0.040%$2.4Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5251+0.044%$21K$82as long as short