Funding arb · Price arb /

NEO

all NEO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against KuCoin+0.040%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$252as in the Funding arb table

Net, price: spread back to 7d avg − costs−$253as in the Price arb table

costs, in and out, $10k−$2552.554% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.040%, 7d avg +0.013%

Together, before fees−0.025%−$2 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: BingX is 0.027% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NEOUSDTM	2.5140	0.0100	pay 0.0100% / 8h	6h 38m	$732K	$151K	30x
Short	BingX NEO-USDT	2.5150	0.0100	get 0.0100% / 8h	6h 38m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → +0.013%: $2.72
Slippage, 4 orders: −$233.43
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$252.71
Costs to cover: 2.554%
Break-even: never at this rate

Slippage from KuCoin: live order book, 76 min ago; BingX: live order book, 11 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 KuCoin live order book, 76 min ago	5.99 bp	95.1 bp −$95	536.1 bp −$5,361	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	7.94 bp	21.4 bp −$21	47.5 bp −$475	363.8 bp −$36.4K	515.8 bp −$257.9K

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	−0.0771%	1h	2.5123	−0.069%	$22K	$3K	20x	as long as short
Hyperliquid NEO	+0.0100%	1h	2.5178	+0.151%	$269K	$222K	5x	as long as short
Binance NEOUSDT	+0.0100%	8h	2.5200	+0.240%	$3.4M	$5.2M	75x	as long as short
Bybit NEOUSDT	+0.0100%	8h	2.5190	+0.199%	$1.6M	$896K	75x	as long as short
OKX NEO-USDT-SWAP	+0.0100%	8h	2.5180	+0.159%	$347K	$678K	20x	as long as short
Gate NEO_USDT	+0.0100%	8h	2.5120	−0.080%	$261K	$118K	50x	as long as short
MEXC NEO_USDT	+0.0100%	8h	2.5130	−0.040%	$2.9M	$727K	50x	as long as short
KuCoin NEOUSDTMlong	+0.0100%	8h	2.5140	long leg	$732K	$151K	30x
Bitget NEOUSDT	+0.0100%	8h	2.5130	−0.040%	$1.6M	$286K	75x	as long as short
BingX NEO-USDTshort	+0.0100%	8h	2.5150	+0.040%	—	$2.4M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NEO	+0.0100%	8h	2.5126	−0.055%	$21K	$82	—	as long as short
BloFin NEO-USDT	+0.0124%	8h	2.5180	+0.159%	$159K	$77K	75x	as long as short