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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid+0.149%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$960.963% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.213%+$21 on $10k
Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.149%, 7d avg +0.011%
Together, before fees+0.342%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 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: Bitget is 0.138% dearer against Hyperliquid than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.48530.0100pay 0.0013% / 1h13m 42s$242K$140K5x
ShortBitget NEOUSDT2.48900.0100get 0.0100% / 8h3h 13m$1.6M$289K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.149% → +0.011%
$13.82
Slippage, 4 orders
−$75.27
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$82.45
Costs to cover
0.963%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Bitget: live order book, 3 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, 10 min ago2.01 bp25.8 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago8.04 bp17.7 bp −$1847.9 bp −$479doesn'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−0.0742%1h2.4879+0.103%$22K$3K20xas long as short
BloFin NEO-USDT+0.0099%8h2.4890+0.149%$150K$76K75xas long as short
Hyperliquid NEOlong+0.0100%1h2.4853long leg$242K$140K5x
Binance NEOUSDT+0.0100%8h2.4854+0.003%$3.1M$4.8M75xas long as short
Bybit NEOUSDT+0.0100%8h2.4850−0.012%$1.6M$877K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.4880+0.109%$338K$594K20xas long as short
Gate NEO_USDT+0.0100%8h2.4920+0.270%$260K$117K50xas long as short
MEXC NEO_USDT+0.0100%8h2.4850−0.012%$2.8M$636K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.4860+0.028%$731K$149K30xas long as short
Bitget NEOUSDTshort+0.0100%8h2.4890+0.149%$1.6M$289K75x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.4840−0.052%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.4905+0.211%$21K$331as long as short