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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.024%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$540.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.024%, 7d avg −0.015%
Together, before fees−0.335%+ Points / potential airdropHyperliquid: Season 2 · farm board−$33 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: Hyperliquid is 0.039% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEO_USDT2.51300.0100pay 0.0100% / 8h7h 39m$2.8M$869K50x
ShortHyperliquid NEO2.51360.0100get 0.0013% / 1h39m 55s$417K$300K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.024% → −0.015%
$3.88
Slippage, 4 orders
−$41.49
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$50.62
Costs to cover
0.545%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 70 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 MEXC live order book, 2 min ago1.99 bp4.0 bp −$417.7 bp −$17795.6 bp −$9,559178.9 bp −$89.5K
Sell Hyperliquid live order book, 70 min ago1.77 bp23.8 bp −$24doesn'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−0.0985%1h2.5096−0.134%$22K$68320xas long as short
Hyperliquid NEOshort+0.0100%1h2.5136+0.024%$417K$300K5x
Binance NEOUSDT+0.0100%8h2.5133+0.014%$3.3M$4.8M75xas long as short
Bybit NEOUSDT+0.0100%8h2.51300.000%$1.6M$660K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5110−0.080%$365K$723K20xas long as short
Gate NEO_USDT+0.0100%8h2.51300.000%$232K$96K50xas long as short
MEXC NEO_USDTlong+0.0100%8h2.5130long leg$2.8M$869K50x
KuCoin NEOUSDTM+0.0100%8h2.5140+0.040%$714K$133K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5110−0.080%$1.6M$225K75xas long as short
BingX NEO-USDC+0.0100%8h2.51300.000%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5151+0.083%$21K$11as long as short
BloFin NEO-USDT+0.0104%8h2.5140+0.040%$155K$87K75xas long as short