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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX−0.020%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$690.690% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.207%−$21 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.020%, 7d avg −0.036%
Together, before fees−0.236%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEO-USDT2.54500.0100pay 0.0100% / 8h7h 09m$2.4M
ShortHyperliquid NEO2.54450.0100get 0.0013% / 1h9m 57s$273K$197K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: −0.020% → −0.036%
$1.65
Slippage, 4 orders
−$49.98
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$67.33
Costs to cover
0.690%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Hyperliquid: live order book, 39 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, 9 min ago5.98 bp19.0 bp −$1941.5 bp −$415367.9 bp −$36.8K515.4 bp −$257.7K
Sell Hyperliquid live order book, 39 min ago0.60 bp15.4 bp −$1516.2 bp −$162doesn'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−0.0492%1h2.5377−0.286%$23K$3K20xas long as short
Hyperliquid NEOshort+0.0100%1h2.5445−0.020%$273K$197K5x
Binance NEOUSDT+0.0100%8h2.5459+0.034%$3.2M$4.7M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5460+0.039%$1.6M$851K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5430−0.079%$345K$620K20xas long as short
Gate NEO_USDT+0.0100%8h2.5400−0.196%$264K$116K50xas long as short
MEXC NEO_USDT+0.0100%8h2.54500.000%$3.0M$689K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5440−0.039%$744K$148K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5460+0.039%$1.7M$273K75xas long as short
BingX NEO-USDTlong+0.0100%8h2.5450long leg$2.4M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5316−0.527%$21K$82as long as short
BloFin NEO-USDT+0.0113%8h2.5340−0.432%$150K$77K75xas long as short