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: Gate against Binance+0.097%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$374as in the Funding arb table
Net, price: spread back to 7d avg − costs−$366as in the Price arb table
costs, in and out, $10k−$3773.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$3 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.097%, 7d avg −0.011%
Together, before fees−0.054%−$5 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: Gate is 0.107% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEOUSDT2.51360.0100pay 0.0100% / 8h6h 43m$3.4M$5.2M75x
ShortGate NEO_USDT2.51600.0100get 0.0100% / 8h6h 43m$261K$117K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: +0.097% → −0.011%
$10.74
Slippage, 4 orders
−$352.17
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$366.43
Costs to cover
3.772%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 19 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 Binance live order book, 9 min ago1.98 bp18.0 bp −$1853.6 bp −$536doesn't fitdoesn't fit
Sell Gate live order book, 19 min ago11.85 bp218.6 bp −$219doesn'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−0.0770%1h2.5151+0.063%$22K$3K20xas long as short
Hyperliquid NEO+0.0100%1h2.5129−0.027%$262K$211K5xas long as short
Binance NEOUSDTlong+0.0100%8h2.5136long leg$3.4M$5.2M75x
Bybit NEOUSDT+0.0100%8h2.5100−0.142%$1.6M$892K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5150+0.057%$348K$668K20xas long as short
Gate NEO_USDTshort+0.0100%8h2.5160+0.097%$261K$117K50x
MEXC NEO_USDT+0.0100%8h2.5160+0.097%$2.8M$711K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5140+0.017%$733K$151K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5130−0.023%$1.6M$285K75xas long as short
BingX NEO-USDC+0.0100%8h2.5170+0.136%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5146+0.041%$21K$82as long as short
BloFin NEO-USDT+0.0124%8h2.5180+0.176%$159K$77K75xas long as short