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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.49880.0100pay 0.0013% / 1h0m 34s$248K$149K5x
ShortBybit NEOUSDT2.50000.0100get 0.0100% / 8h1h 00m$1.6M$865K75x

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 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: +0.048% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 69 min ago1.40 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago4.00 bp25.0 bp −$25241.0 bp −$2,410doesn'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−0.0896%1h2.4957−0.122%$22K$3K20xas long as short
BloFin NEO-USDT+0.0072%8h2.4960−0.112%$148K$75K75xas long as short
Hyperliquid NEOlong+0.0100%1h2.4988long leg$248K$149K5x
Binance NEOUSDT+0.0100%8h2.4990+0.008%$3.1M$4.6M75xas long as short
Bybit NEOUSDTshort+0.0100%8h2.5000+0.048%$1.6M$865K75x
OKX NEO-USDT-SWAP+0.0100%8h2.4990+0.008%$343K$588K20xas long as short
Gate NEO_USDT+0.0100%8h2.5020+0.128%$258K$118K50xas long as short
MEXC NEO_USDT+0.0100%8h2.4980−0.032%$2.8M$623K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.4970−0.072%$734K$148K30xas long as short
Bitget NEOUSDT+0.0100%8h2.4970−0.072%$1.6M$276K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDT+0.0100%8h2.5010+0.088%$2.4Mas long as short
Variational Omni NEO+0.0100%8h2.4907−0.326%$21K$331as long as short