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% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid+0.020%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.167%+$17 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.020%, 7d avg +0.033%
Together, before fees+0.136%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.49200.0100pay 0.0013% / 1h11m 45s$247K$148K5x
ShortBinance NEOUSDT2.49250.0100get 0.0100% / 8h11m 45s$3.1M$4.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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: +0.020% → +0.033%
−$1.35
Slippage, 4 orders
−$67.14
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$87.49
Costs to cover
0.861%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 48 min ago; Binance: live order book, 11 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 Hyperliquid live order book, 48 min ago1.80 bp26.3 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago2.01 bp15.5 bp −$1544.0 bp −$440doesn'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−0.0747%1h2.4924+0.015%$22K$3K20xas long as short
Hyperliquid NEOlong+0.0100%1h2.4920long leg$247K$148K5x
Binance NEOUSDTshort+0.0100%8h2.4925+0.020%$3.1M$4.6M75x
Bybit NEOUSDT+0.0100%8h2.49200.000%$1.6M$845K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.49200.000%$339K$589K20xas long as short
Gate NEO_USDT+0.0100%8h2.49200.000%$258K$117K50xas long as short
MEXC NEO_USDT+0.0100%8h2.4930+0.040%$3.0M$638K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.4910−0.040%$733K$148K30xas long as short
Bitget NEOUSDT+0.0100%8h2.4900−0.080%$1.6M$272K75xas long as short
BingX NEO-USDT+0.0100%8h2.4910−0.040%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.4916−0.014%$21K$82as long as short
BloFin NEO-USDT+0.0125%8h2.4910−0.040%$148K$75K75xas long as short