Funding arb · Price arb /

NEO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against MEXC+0.023%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.023% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it 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	MEXC NEO_USDT	2.5310	0.0100	pay 0.0100% / 8h	7h 11m	$2.9M	$689K	50x
Short	Variational Omni NEO	2.5316	0.0100	get 0.0100% / 8h	7h 11m	$21K	$82	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.023%Rate

Funding earned: $0
Price spread: +0.023% → 0.000%: $2.3
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$1.7
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 min ago; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	1.98 bp	4.0 bp −$4	18.1 bp −$181	89.7 bp −$8,966	176.2 bp −$88.1K
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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_NEOUSD	−0.0493%	1h	2.5334	+0.097%	$23K	$3K	20x	as long as short
Hyperliquid NEO	+0.0100%	1h	2.5341	+0.122%	$272K	$197K	5x	as long as short
Binance NEOUSDT	+0.0100%	8h	2.5331	+0.084%	$3.2M	$4.6M	75x	as long as short
Bybit NEOUSDT	+0.0100%	8h	2.5340	+0.119%	$1.6M	$848K	75x	as long as short
OKX NEO-USDT-SWAP	+0.0100%	8h	2.5330	+0.079%	$343K	$614K	20x	as long as short
Gate NEO_USDT	+0.0100%	8h	2.5320	+0.040%	$262K	$116K	50x	as long as short
MEXC NEO_USDTlong	+0.0100%	8h	2.5310	long leg	$2.9M	$689K	50x
KuCoin NEOUSDTM	+0.0100%	8h	2.5300	−0.040%	$741K	$148K	30x	as long as short
Bitget NEOUSDT	+0.0100%	8h	2.5330	+0.079%	$1.7M	$273K	75x	as long as short
BingX NEO-USDC	+0.0100%	8h	2.5330	+0.079%	—	$6.5M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NEOshort	+0.0100%	8h	2.5316	+0.023%	$21K	$82	—
BloFin NEO-USDT	+0.0113%	8h	2.5340	+0.119%	$150K	$77K	75x	as long as short