Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BloFin0.000%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.247%−$25 · spread now 0.000%, 7d avg −0.028%
=The price spread pays, funding is against you. OKX is 0.028% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.028%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.9 days. At the pace of the last 7 days (−0.008% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEO-USDT | 2.5100 | 0.0119 | pay 0.0119% / 8h | 3h 06m | $157K | $81K | 75x |
| Short | OKX NEO-USDT-SWAP | 2.5100 | 0.0100 | get 0.0100% / 8h | 3h 06m | $349K | $675K | 20x |
BloFin NEO-USDT
OKX NEO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$3.95
- Price spread: 0.000% → −0.028%
- $2.78
- Slippage, 4 orders
- −$52.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$75.22
- Costs to cover
- 0.741%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; OKX: live order book, 44 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, 5 min ago | 1.99 bp | 12.0 bp −$12 | 33.8 bp −$338 | doesn't fit | doesn't fit |
| Sell OKX live order book, 44 min ago | 3.95 bp | 21.9 bp −$22 | 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 | −0.0510% | 1h | 2.5072 | −0.110% | $22K | $619 | 20x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.5145 | +0.179% | $287K | $234K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5111 | +0.044% | $3.4M | $4.9M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5090 | −0.040% | $1.6M | $833K | 75x | as long as short |
| OKX NEO-USDT-SWAPshort | +0.0100% | 8h | 2.5100 | 0.000% | $349K | $675K | 20x | |
| Gate NEO_USDT | +0.0100% | 8h | 2.5080 | −0.080% | $231K | $114K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5110 | +0.040% | $2.8M | $780K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5070 | −0.120% | $719K | $140K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5080 | −0.080% | $1.6M | $246K | 75x | as long as short |
| BingX NEO-USDC | +0.0100% | 8h | 2.5100 | 0.000% | — | $6.5M | — | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5145 | +0.181% | $21K | $11 | — | as long as short |
| BloFin NEO-USDTlong | +0.0119% | 8h | 2.5100 | long leg | $157K | $81K | 75x |
Variational Omni NEO