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

NEO

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0445%/8h= −48.7% APRpaid last 24h −0.272%
Price spread now: Kraken Futures against MEXC−0.080%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Kraken Futures is 0.080% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEO_USDT2.51200.0100pay 0.0100% / 8h5h 57m$2.9M$739K50x
ShortKraken Futures PF_NEOUSD2.5100−0.0345pay 0.0043% / 1h57m 10s$22K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$93.36
Price spread: −0.080% → 0.000%
−$8.04
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$115.39
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 4 min ago1.99 bp4.0 bp −$416.2 bp −$16289.9 bp −$8,995150.2 bp −$75.1K
Sell Kraken Futures no order-book sample
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 11 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_NEOUSDshort−0.0345%1h2.5100−0.080%$22K$3K20x
Hyperliquid NEO+0.0100%1h2.5158+0.151%$268K$225K5xas long as short
Binance NEOUSDT+0.0100%8h2.5127+0.030%$3.4M$5.1M75xas long as short
Bybit NEOUSDT+0.0100%8h2.51200.000%$1.6M$882K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.51200.000%$349K$697K20xas long as short
Gate NEO_USDT+0.0100%8h2.51200.000%$233K$111K50xas long as short
MEXC NEO_USDTlong+0.0100%8h2.5120long leg$2.9M$739K50x
KuCoin NEOUSDTM+0.0100%8h2.5100−0.080%$729K$151K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5130+0.040%$1.6M$275K75xas long as short
BingX NEO-USDC+0.0100%8h2.5130+0.040%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5176+0.221%$21K$11as long as short