Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against BloFin0.000%82s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)−0.247%−$25 · spread now 0.000%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEO-USDT | 2.4930 | 0.0072 | pay 0.0072% / 8h | 1h 03m | $148K | $75K | 75x |
| Short | Bybit NEOUSDT | 2.4930 | 0.0100 | get 0.0100% / 8h | 1h 03m | $1.6M | $865K | 75x |
BloFin NEO-USDT
Bybit NEOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $5.97
- Price spread: 0.000% → +0.013%
- −$1.32
- Slippage, 4 orders
- −$55.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$74.02
- Costs to cover
- 0.787%
- Break-even
- 93.8 days
Slippage from BloFin: live order book, 70 min ago; Bybit: live order book, 8 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 BloFin live order book, 70 min ago | 2.01 bp | 18.6 bp −$19 | 33.3 bp −$333 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 8 min ago | 4.02 bp | 23.2 bp −$23 | 70.9 bp −$709 | 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 | −0.0896% | 1h | 2.4968 | +0.151% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDTlong | +0.0072% | 8h | 2.4930 | long leg | $148K | $75K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.4951 | +0.084% | $248K | $149K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.4945 | +0.061% | $3.1M | $4.6M | 75x | as long as short |
| Bybit NEOUSDTshort | +0.0100% | 8h | 2.4930 | 0.000% | $1.6M | $865K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.4900 | −0.120% | $342K | $586K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.4940 | +0.040% | $257K | $118K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4940 | +0.040% | $2.8M | $623K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4900 | −0.120% | $732K | $148K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4930 | 0.000% | $1.6M | $276K | 75x | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
OKX NEO-USDT-SWAP
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 | 2.4920 | −0.040% | — | $2.4M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.4907 | −0.094% | $21K | $331 | — | as long as short |
BingX NEO-USDT
Variational Omni NEO