Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin+0.198%95s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2182.176% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.500%+$50 · spread now +0.198%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.188% dearer against KuCoin than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.009%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NEOUSDTM | 2.5310 | 0.0100 | pay 0.0100% / 8h | 5h 09m | $731K | $146K | 30x |
| Short | BloFin NEO-USDT | 2.5360 | 0.0105 | get 0.0105% / 8h | 5h 09m | $118K | $82K | 75x |
KuCoin NEOUSDTM
BloFin NEO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $1.15
- Price spread: +0.198% → +0.009%
- $18.81
- Slippage, 4 orders
- −$193.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$197.67
- Costs to cover
- 2.176%
- Break-even
- 1207.3 days
Slippage from KuCoin: live order book, 15 min ago; BloFin: live order book, 22 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 KuCoin live order book, 15 min ago | 5.93 bp | 90.8 bp −$91 | 521.5 bp −$5,215 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 3.94 bp | 22.5 bp −$23 | 41.7 bp −$417 | 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 | −0.0342% | 1h | 2.5283 | −0.107% | $23K | $3K | 20x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.5316 | +0.024% | $268K | $224K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5292 | −0.070% | $3.4M | $5.2M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5310 | 0.000% | $1.6M | $889K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5270 | −0.158% | $352K | $710K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5310 | 0.000% | $234K | $114K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5300 | −0.040% | $2.8M | $778K | 50x | as long as short |
| KuCoin NEOUSDTMlong | +0.0100% | 8h | 2.5310 | long leg | $731K | $146K | 30x | |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5310 | 0.000% | $1.7M | $275K | 75x | as long as short |
| BingX NEO-USDC | +0.0100% | 8h | 2.5300 | −0.040% | — | $6.5M | — | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
Bitget NEOUSDT
BingX NEO-USDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5315 | +0.020% | $21K | $11 | — | as long as short |
| BloFin NEO-USDTshort | +0.0105% | 8h | 2.5360 | +0.198% | $118K | $82K | 75x |
Variational Omni NEO