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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.200%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1131.127% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.200%, 7d avg −0.043%
Together, before fees+0.162%+$16 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: OKX is 0.157% cheaper against Bybit than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEOUSDT2.49500.0100pay 0.0100% / 8h1h 32m$1.6M$877K75x
ShortOKX NEO-USDT-SWAP2.49000.0100get 0.0100% / 8h1h 32m$340K$579K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.200% → −0.043%
−$15.72
Slippage, 4 orders
−$91.69
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$128.41
Costs to cover
1.127%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; OKX: live order book, 48 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, 4 min ago4.01 bp23.7 bp −$2474.1 bp −$741doesn't fitdoesn't fit
Sell OKX live order book, 48 min ago6.01 bp32.2 bp −$32doesn't fitdoesn'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−0.0897%1h2.4952+0.007%$22K$3K20xas long as short
BloFin NEO-USDT+0.0099%8h2.4960+0.040%$148K$75K75xas long as short
Hyperliquid NEO+0.0100%1h2.4938−0.048%$248K$149K5xas long as short
Binance NEOUSDT+0.0100%8h2.4931−0.076%$3.1M$4.6M75xas long as short
Bybit NEOUSDTlong+0.0100%8h2.4950long leg$1.6M$877K75x
OKX NEO-USDT-SWAPshort+0.0100%8h2.4900−0.200%$340K$579K20x
Gate NEO_USDT+0.0100%8h2.4980+0.120%$257K$117K50xas long as short
MEXC NEO_USDT+0.0100%8h2.4940−0.040%$2.8M$620K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.4980+0.120%$733K$147K30xas long as short
Bitget NEOUSDT+0.0100%8h2.4900−0.200%$1.6M$276K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.49500.000%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.5002+0.209%$21K$331as long as short