Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Gate−0.040%63s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$385as 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−$3813.806% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)+0.247%+$25 · spread now −0.040%, 7d avg +0.010%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.050% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.010%). Swap the legs. The two prices were read 63 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 | Gate NEO_USDT | 2.4930 | 0.0100 | pay 0.0100% / 8h | 19m 59s | $258K | $117K | 50x |
| Short | BloFin NEO-USDT | 2.4920 | 0.0087 | get 0.0087% / 8h | 19m 59s | $148K | $75K | 75x |
Gate NEO_USDT
BloFin NEO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$2.65
- Price spread: −0.040% → +0.010%
- −$4.99
- Slippage, 4 orders
- −$353.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$388.23
- Costs to cover
- 3.806%
- Break-even
- never at this rate
Slippage from Gate: live order book, 52 min ago; BloFin: live order book, 41 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 Gate live order book, 52 min ago | 2.01 bp | 217.4 bp −$217 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 min ago | 2.00 bp | 15.9 bp −$16 | 35.9 bp −$359 | 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 | −0.0747% | 1h | 2.4919 | −0.042% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDTshort | +0.0087% | 8h | 2.4920 | −0.040% | $148K | $75K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.4925 | −0.020% | $247K | $148K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.4920 | −0.040% | $3.1M | $4.6M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.4930 | 0.000% | $1.6M | $846K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.4930 | 0.000% | $339K | $589K | 20x | as long as short |
| Gate NEO_USDTlong | +0.0100% | 8h | 2.4930 | long leg | $258K | $117K | 50x | |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4930 | 0.000% | $3.0M | $637K | 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 | 2.4920 | −0.040% | $1.6M | $271K | 75x | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
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 | 2.4910 | −0.080% | — | $2.4M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.4927 | −0.013% | $21K | $82 | — | as long as short |
BingX NEO-USDT
Variational Omni NEO