NEO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1085%/8h= +118.8% APRnext payment +$1.36 per $10,000 · paid last 24h +0.252%

Price spread now: Hyperliquid against Kraken Futures+0.145%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Hyperliquid

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Hyperliquid is 0.145% dearer against Kraken Futures than usual: you sell high and buy low: +$15 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	2.5091	−0.0985	get 0.0123% / 1h	39m 11s	$22K	$683	20x
Short	Hyperliquid NEO	2.5127	0.0100	get 0.0013% / 1h	39m 11s	$416K	$300K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee HyperliquidbpOrdersPrice spread, now +0.145%Rate

Funding earned: $227.8
Price spread: +0.145% → 0.000%: $14.54
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $223.34
Costs to cover: 0.190%
Break-even: 0.1 days

Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 71 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 Hyperliquid live order book, 71 min ago	1.77 bp	23.8 bp −$24	doesn't fit	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	−0.0985%	1h	2.5091	long leg	$22K	$683	20x
Hyperliquid NEOshort	+0.0100%	1h	2.5127	+0.145%	$416K	$300K	5x
Binance NEOUSDT	+0.0100%	8h	2.5115	+0.096%	$3.3M	$4.8M	75x	as long as short
Bybit NEOUSDT	+0.0100%	8h	2.5130	+0.157%	$1.6M	$660K	75x	as long as short
OKX NEO-USDT-SWAP	+0.0100%	8h	2.5110	+0.078%	$365K	$723K	20x	as long as short
Gate NEO_USDT	+0.0100%	8h	2.5130	+0.157%	$232K	$96K	50x	as long as short
MEXC NEO_USDT	+0.0100%	8h	2.5120	+0.118%	$2.8M	$869K	50x	as long as short
KuCoin NEOUSDTM	+0.0100%	8h	2.5100	+0.038%	$713K	$133K	30x	as long as short
Bitget NEOUSDT	+0.0100%	8h	2.5100	+0.038%	$1.6M	$225K	75x	as long as short
BingX NEO-USDT	+0.0100%	8h	2.5110	+0.078%	—	$2.4M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NEO	+0.0100%	8h	2.5151	+0.240%	$21K	$11	—	as long as short
BloFin NEO-USDT	+0.0101%	8h	2.5110	+0.078%	$155K	$87K	75x	as long as short