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: Binance against Gate−0.121%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$362as in the Price arb table
costs, in and out, $10k−$3483.482% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.121%, 7d avg +0.014%
Together, before fees−0.066%−$7 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: Binance is 0.135% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEO_USDT2.48700.0100pay 0.0100% / 8h2h 57m$260K$116K50x
ShortBinance NEOUSDT2.48400.0100get 0.0100% / 8h2h 57m$3.1M$4.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: −0.121% → +0.014%
−$13.49
Slippage, 4 orders
−$323.25
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$361.73
Costs to cover
3.482%
Break-even
never at this rate
Slippage from Gate: live order book, 26 min ago; Binance: live order book, 10 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 Gate live order book, 26 min ago8.01 bp161.3 bp −$161doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago4.02 bp16.1 bp −$1646.7 bp −$467doesn'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−0.1087%1h2.4857−0.051%$22K$3K20xas long as short
BloFin NEO-USDT+0.0080%8h2.4830−0.161%$148K$77K75xas long as short
Hyperliquid NEO+0.0100%1h2.4831−0.157%$242K$140K5xas long as short
Binance NEOUSDTshort+0.0100%8h2.4840−0.121%$3.1M$4.8M75x
Bybit NEOUSDT+0.0100%8h2.48700.000%$1.6M$878K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.4840−0.121%$338K$592K20xas long as short
Gate NEO_USDTlong+0.0100%8h2.4870long leg$260K$116K50x
MEXC NEO_USDT+0.0100%8h2.4830−0.161%$2.8M$632K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.4830−0.161%$730K$149K30xas long as short
Bitget NEOUSDT+0.0100%8h2.4880+0.040%$1.6M$283K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.4850−0.080%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.4875+0.022%$21K$331as long as short