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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate+0.110%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$750as in the Funding arb table
Net, price: spread back to 7d avg − costs−$719as in the Price arb table
costs, in and out, $10k−$7317.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.199%−$20 on $10k
Price spread, last 4 days (all we have)−0.301%−$30 · spread now +0.110%, 7d avg −0.007%
Together, before fees−0.500%+ Points / potential airdropHyperliquid: Season 2 · farm board−$50 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.118% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEO_USDT2.53900.0100pay 0.0100% / 8h7h 12m$234K$97K50x
ShortHyperliquid NEO2.54180.0100get 0.0013% / 1h12m 03s$418K$301K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. 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
$0
Price spread: +0.110% → −0.007%
$11.76
Slippage, 4 orders
−$706.59
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$718.83
Costs to cover
7.306%
Break-even
never at this rate
Slippage from Gate: live order book, 14 min ago; Hyperliquid: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 14 min ago4.01 bp558.0 bp −$558doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 28 min ago0.60 bp16.6 bp −$17doesn't fitdoesn't fitdoesn't fit

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_NEOUSD−0.0974%1h2.5366−0.096%$23K$69620xas long as short
BloFin NEO-USDT+0.0094%8h2.5340−0.197%$155K$86K75xas long as short
Hyperliquid NEOshort+0.0100%1h2.5418+0.110%$418K$301K5x
Binance NEOUSDT+0.0100%8h2.5420+0.118%$3.4M$4.8M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5410+0.079%$1.6M$646K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5400+0.039%$372K$729K20xas long as short
Gate NEO_USDTlong+0.0100%8h2.5390long leg$234K$97K50x
MEXC NEO_USDT+0.0100%8h2.5400+0.039%$2.5M$916K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5380−0.039%$720K$133K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5400+0.039%$1.7M$221K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.5400+0.039%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.5356−0.133%$21K$11as long as short