Funding you earn now, next payment 09:00 UTC+0.1081%/8h= +118.4% APRpaid last 24h +0.265%
Price spread now: Bybit against Kraken Futures+0.123%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Bybit is 0.123% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NEOUSD | 2.5179 | −0.0981 | get 0.0123% / 1h | 56m 30s | $23K | $683 | 20x |
| Short | Bybit NEOUSDT | 2.5210 | 0.0100 | get 0.0100% / 8h | 7h 56m | $1.6M | $662K | 75x |
Kraken Futures PF_NEOUSD
Bybit NEOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kraken Futures. 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
- $227.07
- Price spread: +0.123% → 0.000%
- $12.3
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $218.37
- Costs to cover
- 0.210%
- Break-even
- 0.3 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 3.97 bp | 24.4 bp −$24 | 141.0 bp −$1,410 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_NEOUSDlong | −0.0981% | 1h | 2.5179 | long leg | $23K | $683 | 20x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.5238 | +0.234% | $418K | $298K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5209 | +0.118% | $3.4M | $4.8M | 75x | as long as short |
| Bybit NEOUSDTshort | +0.0100% | 8h | 2.5210 | +0.123% | $1.6M | $662K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5200 | +0.083% | $366K | $724K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5220 | +0.163% | $233K | $96K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5210 | +0.123% | $2.8M | $866K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5200 | +0.083% | $717K | $135K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5180 | +0.004% | $1.6M | $224K | 75x | as long as short |
| BingX NEO-USDT | +0.0100% | 8h | 2.5210 | +0.123% | — | $2.4M | — | as long as short |
Hyperliquid NEO
Binance NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5177 | −0.010% | $21K | $11 | — | as long as short |
| BloFin NEO-USDT | +0.0127% | 8h | 2.5210 | +0.123% | $155K | $87K | 75x | as long as short |
Variational Omni NEO
BloFin NEO-USDT