Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid+0.048%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$920.918% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.048%, 7d avg +0.043%
=Together, before fees+0.135%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEO | 2.4988 | 0.0100 | pay 0.0013% / 1h | 0m 34s | $248K | $149K | 5x |
| Short | Bybit NEOUSDT | 2.5000 | 0.0100 | get 0.0100% / 8h | 1h 00m | $1.6M | $865K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.048% → +0.043%
- $0.55
- Slippage, 4 orders
- −$71.84
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$91.3
- Costs to cover
- 0.918%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 69 min ago; Bybit: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 69 min ago | 1.40 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.00 bp | 25.0 bp −$25 | 241.0 bp −$2,410 | doesn't fit | doesn't fit |
NEO on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEOUSD | −0.0896% | 1h | 2.4957 | −0.122% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDT | +0.0072% | 8h | 2.4960 | −0.112% | $148K | $75K | 75x | as long as short |
| Hyperliquid NEOlong | +0.0100% | 1h | 2.4988 | long leg | $248K | $149K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.4990 | +0.008% | $3.1M | $4.6M | 75x | as long as short |
| Bybit NEOUSDTshort | +0.0100% | 8h | 2.5000 | +0.048% | $1.6M | $865K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.4990 | +0.008% | $343K | $588K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5020 | +0.128% | $258K | $118K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4980 | −0.032% | $2.8M | $623K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4970 | −0.072% | $734K | $148K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4970 | −0.072% | $1.6M | $276K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDT | +0.0100% | 8h | 2.5010 | +0.088% | — | $2.4M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.4907 | −0.326% | $21K | $331 | — | as long as short |
Hyperliquid NEO
Bybit NEOUSDT
Kraken Futures PF_NEOUSD
BloFin NEO-USDT
Binance NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDT
Variational Omni NEO