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

NEO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.087%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$970.971% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.087%, 7d avg −0.008%
Together, before fees+0.201%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 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: OKX is 0.079% cheaper against Hyperliquid than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.53220.0100pay 0.0013% / 1h29m 09s$290K$242K5x
ShortOKX NEO-USDT-SWAP2.53000.0100get 0.0100% / 8h4h 29m$353K$714K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.087% → −0.008%
−$7.87
Slippage, 4 orders
−$78.05
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$104.92
Costs to cover
0.971%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 60 min ago; OKX: live order book, 27 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, 60 min ago0.79 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 27 min ago3.97 bp25.7 bp −$26doesn'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−0.0592%1h2.5326+0.014%$23K$3K20xas long as short
BloFin NEO-USDT+0.0088%8h2.5350+0.111%$157K$82K75xas long as short
Hyperliquid NEOlong+0.0100%1h2.5322long leg$290K$242K5x
Binance NEOUSDT+0.0100%8h2.5309−0.053%$3.4M$5.2M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5310−0.047%$1.6M$892K75xas long as short
OKX NEO-USDT-SWAPshort+0.0100%8h2.5300−0.087%$353K$714K20x
Gate NEO_USDT+0.0100%8h2.5320−0.008%$233K$117K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5330+0.032%$2.8M$774K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5300−0.087%$730K$141K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5300−0.087%$1.7M$279K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.5280−0.166%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.5256−0.262%$21K$11as long as short