Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against BloFin−0.040%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$600as in the Funding arb table
Net, price: spread back to 7d avg − costs−$607as in the Price arb table
costs, in and out, $10k−$6046.039% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.331%−$33 · spread now −0.040%, 7d avg −0.004%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEO-USDT | 2.5290 | 0.0111 | pay 0.0111% / 8h | 4h 14m | $157K | $82K | 75x |
| Short | Gate NEO_USDT | 2.5280 | 0.0100 | get 0.0100% / 8h | 4h 14m | $234K | $117K | 50x |
BloFin NEO-USDT
Gate NEO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.34
- Price spread: −0.040% → −0.004%
- −$3.52
- Slippage, 4 orders
- −$576.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$609.71
- Costs to cover
- 6.039%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Gate: live order book, 37 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, 7 min ago | 3.95 bp | 17.5 bp −$17 | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 3.99 bp | 161.7 bp −$162 | doesn't fit | 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 | −0.0594% | 1h | 2.5262 | −0.110% | $23K | $3K | 20x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.5283 | −0.028% | $290K | $242K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5266 | −0.094% | $3.3M | $5.2M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5270 | −0.079% | $1.6M | $888K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5260 | −0.119% | $352K | $710K | 20x | as long as short |
| Gate NEO_USDTshort | +0.0100% | 8h | 2.5280 | −0.040% | $234K | $117K | 50x | |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5260 | −0.119% | $2.8M | $775K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5260 | −0.119% | $725K | $142K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5270 | −0.079% | $1.7M | $279K | 75x | as long as short |
| BingX NEO-USDT | +0.0100% | 8h | 2.5270 | −0.079% | — | $2.4M | — | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5261 | −0.116% | $21K | $11 | — | as long as short |
| BloFin NEO-USDTlong | +0.0111% | 8h | 2.5290 | long leg | $157K | $82K | 75x |
Variational Omni NEO