Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.125%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1121.116% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.125%, 7d avg +0.001%
=Together, before fees−0.268%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 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 0.124% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NEO-USDT-SWAP | 2.4820 | 0.0100 | pay 0.0100% / 8h | 2h 55m | $337K | $585K | 20x |
| Short | Hyperliquid NEO | 2.4851 | 0.0100 | get 0.0013% / 1h | 55m 17s | $242K | $140K | 5x |
OKX NEO-USDT-SWAP
Hyperliquid NEOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.125% → +0.001%
- $12.43
- Slippage, 4 orders
- −$92.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$99.14
- Costs to cover
- 1.116%
- Break-even
- never at this rate
Slippage from OKX: live order book, 30 min ago; Hyperliquid: live order book, 28 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 OKX live order book, 30 min ago | 6.01 bp | 33.2 bp −$33 | 3432.6 bp −$34.3K | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 28 min ago | 2.01 bp | 26.3 bp −$26 | doesn't fit | 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 | −0.1087% | 1h | 2.4847 | +0.110% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDT | +0.0071% | 8h | 2.4820 | 0.000% | $148K | $77K | 75x | as long as short |
| Hyperliquid NEOshort | +0.0100% | 1h | 2.4851 | +0.125% | $242K | $140K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.4850 | +0.121% | $3.1M | $4.7M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.4840 | +0.081% | $1.6M | $873K | 75x | as long as short |
| OKX NEO-USDT-SWAPlong | +0.0100% | 8h | 2.4820 | long leg | $337K | $585K | 20x | |
| Gate NEO_USDT | +0.0100% | 8h | 2.4870 | +0.201% | $260K | $116K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4860 | +0.161% | $2.8M | $632K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4830 | +0.040% | $730K | $149K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4860 | +0.161% | $1.6M | $280K | 75x | as long as short |
Kraken Futures PF_NEOUSD
BloFin NEO-USDT
Binance NEOUSDT
Bybit NEOUSDT
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDT | +0.0100% | 8h | 2.4850 | +0.121% | — | $2.4M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.4850 | +0.120% | $21K | $331 | — | as long as short |
BingX NEO-USDT
Variational Omni NEO