Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid+0.140%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$451as in the Funding arb table
Net, price: spread back to 7d avg − costs−$461as in the Price arb table
costs, in and out, $10k−$4734.725% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.140%, 7d avg +0.021%
=Together, before fees+0.092%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 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: Gate is 0.119% dearer against Hyperliquid than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEO | 2.5035 | 0.0100 | pay 0.0013% / 1h | 39m 01s | $249K | $149K | 5x |
| Short | Gate NEO_USDT | 2.5070 | 0.0100 | get 0.0100% / 8h | 1h 39m | $261K | $116K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.140% → +0.021%
- $11.86
- Slippage, 4 orders
- −$448.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$460.64
- Costs to cover
- 4.725%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 30 min ago; Gate: live order book, 38 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, 30 min ago | 1.40 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 38 min ago | 8.01 bp | 164.5 bp −$165 | doesn't fit | 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 | −0.0893% | 1h | 2.5043 | +0.033% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDT | +0.0076% | 8h | 2.5030 | −0.020% | $147K | $75K | 75x | as long as short |
| Hyperliquid NEOlong | +0.0100% | 1h | 2.5035 | long leg | $249K | $149K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.5020 | −0.060% | $3.1M | $4.6M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5020 | −0.060% | $1.6M | $876K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5010 | −0.100% | $341K | $580K | 20x | as long as short |
| Gate NEO_USDTshort | +0.0100% | 8h | 2.5070 | +0.140% | $261K | $116K | 50x | |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5030 | −0.020% | $2.8M | $620K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5020 | −0.060% | $735K | $147K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5060 | +0.100% | $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 | 2.5060 | +0.100% | — | $2.4M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5022 | −0.051% | $21K | $331 | — | as long as short |
Hyperliquid NEO
Gate NEO_USDT
Kraken Futures PF_NEOUSD
BloFin NEO-USDT
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDT
Variational Omni NEO