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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.246%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2152.150% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 4 days (all we have)+0.301%+$30 · spread now −0.246%, 7d avg +0.010%
Together, before fees+0.471%+ Points / potential airdropHyperliquid: Season 2 · farm board+$47 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: KuCoin is 0.256% cheaper against Hyperliquid than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.52220.0100pay 0.0013% / 1h14m 11s$417K$298K5x
ShortKuCoin NEOUSDTM2.51600.0100get 0.0100% / 8h14m 11s$716K$135K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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: −0.246% → +0.010%
−$25.61
Slippage, 4 orders
−$194.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$240.63
Costs to cover
2.150%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 36 min ago; KuCoin: live order book, 40 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 Hyperliquid live order book, 36 min ago1.77 bp22.7 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago9.86 bp81.4 bp −$81doesn'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−0.0625%1h2.5164−0.231%$23K$68320xas long as short
Hyperliquid NEOlong+0.0100%1h2.5222long leg$417K$298K5x
Binance NEOUSDT+0.0100%8h2.5203−0.075%$3.4M$4.8M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5170−0.206%$1.6M$664K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5200−0.087%$363K$719K20xas long as short
Gate NEO_USDT+0.0100%8h2.5180−0.167%$233K$107K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5190−0.127%$2.8M$857K50xas long as short
KuCoin NEOUSDTMshort+0.0100%8h2.5160−0.246%$716K$135K30x
Bitget NEOUSDT+0.0100%8h2.5170−0.206%$1.6M$224K75xas long as short
BingX NEO-USDC+0.0100%8h2.5170−0.206%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5136−0.341%$21K$11as long as short
BloFin NEO-USDT+0.0125%8h2.5140−0.325%$157K$86K75xas long as short