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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.174%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2362.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 4 days (all we have)+0.249%+$25 · spread now −0.174%, 7d avg +0.025%
Together, before fees+0.426%+ Points / potential airdropHyperliquid: Season 2 · farm board+$43 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: KuCoin is 0.199% cheaper against Hyperliquid than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.52640.0100pay 0.0013% / 1h14m 05s$271K$197K5x
ShortKuCoin NEOUSDTM2.52200.0100get 0.0100% / 8h7h 14m$739K$148K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.174% → +0.025%
−$19.89
Slippage, 4 orders
−$215
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$255.89
Costs to cover
2.360%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 35 min ago; KuCoin: live order book, 40 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, 35 min ago0.60 bp12.5 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago5.99 bp113.0 bp −$113doesn't fitdoesn'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−0.0495%1h2.5232−0.129%$23K$3K20xas long as short
Hyperliquid NEOlong+0.0100%1h2.5264long leg$271K$197K5x
Binance NEOUSDT+0.0100%8h2.5260−0.016%$3.2M$4.6M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5250−0.055%$1.6M$844K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5240−0.095%$345K$594K20xas long as short
Gate NEO_USDT+0.0100%8h2.5230−0.135%$261K$116K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5240−0.095%$2.9M$678K50xas long as short
KuCoin NEOUSDTMshort+0.0100%8h2.5220−0.174%$739K$148K30x
Bitget NEOUSDT+0.0100%8h2.5240−0.095%$1.6M$269K75xas long as short
BingX NEO-USDT+0.0100%8h2.5240−0.095%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5186−0.308%$21K$82as long as short
BloFin NEO-USDT+0.0109%8h2.5190−0.293%$150K$77K75xas long as short