NEO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against MEXC+0.079%49s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as 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−$340.342% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.079%, 7d avg 0.000%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.079% dearer against MEXC than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of 0.000%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.001% in total) that is about 24 months. The two prices were read 49 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	MEXC NEO_USDT	2.5260	0.0100	pay 0.0100% / 8h	38m 16s	$2.7M	$840K	50x
Short	BloFin NEO-USDT	2.5280	0.0077	get 0.0077% / 8h	38m 16s	$157K	$81K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$4.8
Price spread: +0.079% → 0.000%: $7.9
Slippage, 4 orders: −$18.19
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$31.09
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 23 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 MEXC live order book, 4 min ago	1.97 bp	4.0 bp −$4	18.5 bp −$185	97.2 bp −$9,720	178.9 bp −$89.5K
Sell BloFin live order book, 23 min ago	3.95 bp	15.5 bp −$16	39.7 bp −$397	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	−0.0623%	1h	2.5226	−0.135%	$23K	$658	20x	as long as short
BloFin NEO-USDTshort	+0.0077%	8h	2.5280	+0.079%	$157K	$81K	75x
Hyperliquid NEO	+0.0100%	1h	2.5279	+0.075%	$417K	$296K	5x	as long as short
Binance NEOUSDT	+0.0100%	8h	2.5265	+0.020%	$3.4M	$4.8M	75x	as long as short
Bybit NEOUSDT	+0.0100%	8h	2.5260	0.000%	$1.6M	$704K	75x	as long as short
OKX NEO-USDT-SWAP	+0.0100%	8h	2.5260	0.000%	$360K	$701K	20x	as long as short
Gate NEO_USDT	+0.0100%	8h	2.5320	+0.238%	$234K	$106K	50x	as long as short
MEXC NEO_USDTlong	+0.0100%	8h	2.5260	long leg	$2.7M	$840K	50x
KuCoin NEOUSDTM	+0.0100%	8h	2.5280	+0.079%	$719K	$135K	30x	as long as short
Bitget NEOUSDT	+0.0100%	8h	2.5290	+0.119%	$1.7M	$223K	75x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX NEO-USDC	+0.0100%	8h	2.5280	+0.079%	—	$6.5M	—	as long as short
Variational Omni NEO	+0.0100%	8h	2.5320	+0.238%	$21K	$11	—	as long as short