Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Bybit−0.080%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)+0.327%+$33 · spread now −0.080%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.067% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEOUSDT | 2.4940 | 0.0100 | pay 0.0100% / 8h | 1h 45m | $1.6M | $869K | 75x |
| Short | BloFin NEO-USDT | 2.4920 | 0.0099 | get 0.0099% / 8h | 1h 45m | $147K | $75K | 75x |
Bybit NEOUSDT
BloFin NEO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$0.13
- Price spread: −0.080% → −0.013%
- −$6.7
- Slippage, 4 orders
- −$57.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.01
- Costs to cover
- 0.802%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 28 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 Bybit live order book, 1 min ago | 4.01 bp | 22.6 bp −$23 | 99.3 bp −$993 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 2.01 bp | 11.6 bp −$12 | 27.6 bp −$276 | 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 | 2.4956 | +0.064% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDTshort | +0.0099% | 8h | 2.4920 | −0.080% | $147K | $75K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.4943 | +0.012% | $248K | $150K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.4940 | 0.000% | $3.1M | $4.6M | 75x | as long as short |
| Bybit NEOUSDTlong | +0.0100% | 8h | 2.4940 | long leg | $1.6M | $869K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.4940 | 0.000% | $341K | $573K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.4920 | −0.080% | $260K | $116K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4930 | −0.040% | $2.8M | $619K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4890 | −0.200% | $732K | $147K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4910 | −0.120% | $1.6M | $275K | 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-USDC | +0.0100% | 8h | 2.4920 | −0.080% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.4918 | −0.090% | $21K | $331 | — | as long as short |
BingX NEO-USDC
Variational Omni NEO