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

NEO

all NEO markets
SwapBacktest
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: Bybit against OKX+0.040%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$990.987% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.040%, 7d avg +0.044%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEO-USDT-SWAP2.52400.0100pay 0.0100% / 8h7h 14m$345K$594K20x
ShortBybit NEOUSDT2.52500.0100get 0.0100% / 8h7h 14m$1.6M$844K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: +0.040% → +0.044%
−$0.4
Slippage, 4 orders
−$77.68
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$99.08
Costs to cover
0.987%
Break-even
never at this rate
Slippage from OKX: live order book, 57 min ago; Bybit: live order book, 2 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 OKX live order book, 57 min ago2.00 bp20.4 bp −$202927.2 bp −$29.3Kdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago5.95 bp30.3 bp −$3077.1 bp −$771doesn'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−0.0495%1h2.5232−0.034%$23K$3K20xas long as short
Hyperliquid NEO+0.0100%1h2.5264+0.095%$271K$197K5xas long as short
Binance NEOUSDT+0.0100%8h2.5260+0.079%$3.2M$4.6M75xas long as short
Bybit NEOUSDTshort+0.0100%8h2.5250+0.040%$1.6M$844K75x
OKX NEO-USDT-SWAPlong+0.0100%8h2.5240long leg$345K$594K20x
Gate NEO_USDT+0.0100%8h2.5230−0.040%$261K$116K50xas long as short
MEXC NEO_USDT+0.0100%8h2.52400.000%$2.9M$678K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5220−0.079%$739K$148K30xas long as short
Bitget NEOUSDT+0.0100%8h2.52400.000%$1.6M$269K75xas long as short
BingX NEO-USDT+0.0100%8h2.52400.000%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5186−0.214%$21K$82as long as short
BloFin NEO-USDT+0.0109%8h2.5190−0.198%$150K$77K75xas long as short