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: KuCoin against Bitget−0.040%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2372.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.040%, 7d avg +0.016%
Together, before fees−0.055%−$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: KuCoin is 0.056% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEOUSDT2.50900.0100pay 0.0100% / 8h4h 40m$1.6M$280K75x
ShortKuCoin NEOUSDTM2.50800.0100get 0.0100% / 8h4h 40m$724K$141K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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% → +0.016%
−$5.6
Slippage, 4 orders
−$213.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$242.67
Costs to cover
2.371%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 44 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 Bitget live order book, 2 min ago5.98 bp32.0 bp −$3269.6 bp −$696doesn't fitdoesn't fit
Sell KuCoin live order book, 44 min ago5.93 bp91.5 bp −$92504.6 bp −$5,046doesn'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−0.0599%1h2.5067−0.091%$22K$3K20xas long as short
BloFin NEO-USDT+0.0087%8h2.5060−0.120%$157K$81K75xas long as short
Hyperliquid NEO+0.0100%1h2.5105+0.060%$270K$229K5xas long as short
Binance NEOUSDT+0.0100%8h2.5102+0.048%$3.3M$5.2M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5100+0.040%$1.6M$892K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5120+0.120%$349K$710K20xas long as short
Gate NEO_USDT+0.0100%8h2.50900.000%$232K$116K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5110+0.080%$2.8M$773K50xas long as short
KuCoin NEOUSDTMshort+0.0100%8h2.5080−0.040%$724K$141K30x
Bitget NEOUSDTlong+0.0100%8h2.5090long leg$1.6M$280K75x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.5100+0.040%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.5060−0.118%$21K$11as long as short