Settings8H · net · $10k
Funding arb · Price arb /

NEO

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0653%/8h= −71.5% APRpaid last 24h −0.277%
Price spread now: Kraken Futures against Bybit−0.143%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Kraken Futures is 0.143% cheaper against Bybit than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEOUSDT2.52000.0100pay 0.0100% / 8h1h 41m$1.6M$749K75x
ShortKraken Futures PF_NEOUSD2.5164−0.0553pay 0.0069% / 1h41m 56s$22K$65820x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. 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
−$137.17
Price spread: −0.143% → 0.000%
−$14.29
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$172.46
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago3.97 bp24.4 bp −$2471.9 bp −$719doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_NEOUSDshort−0.0553%1h2.5164−0.143%$22K$65820x
Hyperliquid NEO+0.0100%1h2.5189−0.044%$415K$297K5xas long as short
Binance NEOUSDT+0.0100%8h2.5173−0.108%$3.4M$4.8M75xas long as short
Bybit NEOUSDTlong+0.0100%8h2.5200long leg$1.6M$749K75x
OKX NEO-USDT-SWAP+0.0100%8h2.5170−0.119%$362K$677K20xas long as short
Gate NEO_USDT+0.0100%8h2.5160−0.159%$233K$109K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5180−0.079%$2.8M$770K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5160−0.159%$716K$137K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5170−0.119%$1.6M$222K75xas long as short
BingX NEO-USDC+0.0100%8h2.5170−0.119%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5136−0.256%$21K$11as long as short
BloFin NEO-USDT+0.0111%8h2.5220+0.079%$157K$82K75xas long as short