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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.24 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX+1.186%111s7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1021.016% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 1.186% dearer against BingX than usual: you sell high and buy low: +$119 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEO-USDC2.52900.0100pay 0.0100% / 8h7h 03m$6.5M
ShortBloFin NEO-USDT2.55900.0124get 0.0124% / 8h7h 03m$154K$78K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$5.14
Price spread: +1.186% → 0.000%
$118.62
Slippage, 4 orders
−$79.56
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$22.2
Costs to cover
1.016%
Break-even
from the start
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 53 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 BingX live order book, 2 min ago7.85 bp34.2 bp −$34106.2 bp −$1,062591.0 bp −$59.1K800.5 bp −$400.2K
Sell BloFin live order book, 53 min ago1.99 bp20.6 bp −$2143.4 bp −$434doesn'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−0.0491%1h2.5457+0.660%$23K$3K20xas long as short
Hyperliquid NEO+0.0100%1h2.5325+0.138%$270K$199K5xas long as short
Binance NEOUSDT+0.0100%8h2.5300+0.040%$3.3M$4.9M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5310+0.079%$1.6M$878K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5300+0.040%$350K$645K20xas long as short
Gate NEO_USDT+0.0100%8h2.5310+0.079%$263K$117K50xas long as short
MEXC NEO_USDT+0.0100%8h2.52900.000%$2.8M$716K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5270−0.079%$736K$150K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5300+0.040%$1.6M$274K75xas long as short
BingX NEO-USDClong+0.0100%8h2.5290long leg$6.5M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5545+1.009%$22K$82as long as short
BloFin NEO-USDTshort+0.0124%8h2.5590+1.186%$154K$78K75x