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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.005%
Price spread now: BloFin against Hyperliquid−0.089%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$820.819% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 3 days (all we have)+0.733%+$73 · spread now −0.089%, 7d avg +0.037%
Together, before fees+0.902%+ Points / potential airdropHyperliquid: Season 2 · farm board+$90 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.125% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.169%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.48320.0100pay 0.0013% / 1h51m 08s$241K$140K5x
ShortBloFin NEO-USDT2.48100.0081get 0.0081% / 8h2h 51m$148K$77K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$4.07
Price spread: −0.089% → +0.037%
−$12.53
Slippage, 4 orders
−$60.93
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$98.54
Costs to cover
0.819%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 32 min ago; BloFin: live order book, 30 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, 32 min ago2.01 bp25.8 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 30 min ago4.01 bp14.9 bp −$1532.9 bp −$329doesn'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−0.1088%1h2.4836+0.015%$22K$3K20xas long as short
BloFin NEO-USDTshort+0.0081%8h2.4810−0.089%$148K$77K75x
Hyperliquid NEOlong+0.0100%1h2.4832long leg$241K$140K5x
Binance NEOUSDT+0.0100%8h2.4825−0.027%$3.1M$4.7M75xas long as short
Bybit NEOUSDT+0.0100%8h2.4830−0.008%$1.6M$876K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.4830−0.008%$337K$587K20xas long as short
Gate NEO_USDT+0.0100%8h2.4830−0.008%$259K$116K50xas long as short
MEXC NEO_USDT+0.0100%8h2.4830−0.008%$2.8M$632K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.4790−0.169%$729K$150K30xas long as short
Bitget NEOUSDT+0.0100%8h2.4790−0.169%$1.6M$284K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.4820−0.048%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.4850+0.072%$21K$331as long as short