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

NEO

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0997%/8h= +109.2% APRpaid last 24h +0.249%
Price spread now: Gate against Kraken Futures−0.075%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
Funding pays, the price is against you. Gate is 0.075% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 6 hours of funding at the current rate (+$30 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NEOUSD2.4929−0.0897get 0.0112% / 1h46m 14s$22K$3K20x
ShortGate NEO_USDT2.49100.0100get 0.0100% / 8h1h 46m$260K$116K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. 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
$209.45
Price spread: −0.075% → 0.000%
−$7.55
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$176.9
Costs to cover
0.250%
Break-even
1.1 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 31 min ago. 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 Kraken Futures no order-book sample
Sell Gate live order book, 31 min ago8.01 bp164.5 bp −$165doesn't fitdoesn't fitdoesn't fit
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_NEOUSDlong−0.0897%1h2.4929long leg$22K$3K20x
Hyperliquid NEO+0.0100%1h2.4915−0.055%$248K$150K5xas long as short
Binance NEOUSDT+0.0100%8h2.4925−0.014%$3.1M$4.6M75xas long as short
Bybit NEOUSDT+0.0100%8h2.4920−0.035%$1.6M$869K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.4900−0.116%$341K$572K20xas long as short
Gate NEO_USDTshort+0.0100%8h2.4910−0.075%$260K$116K50x
MEXC NEO_USDT+0.0100%8h2.4920−0.035%$2.8M$619K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.4890−0.156%$732K$147K30xas long as short
Bitget NEOUSDT+0.0100%8h2.4920−0.035%$1.6M$275K75xas long as short
BingX NEO-USDT+0.0100%8h2.4900−0.116%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.4903−0.104%$21K$331as long as short
BloFin NEO-USDT+0.0116%8h2.4910−0.075%$147K$75K75xas long as short