Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin+0.040%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1951.947% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now +0.040%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.029% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NEOUSDTM | 2.5190 | 0.0100 | pay 0.0100% / 8h | 34m 43s | $716K | $135K | 30x |
| Short | BloFin NEO-USDT | 2.5200 | 0.0112 | get 0.0112% / 8h | 34m 43s | $157K | $81K | 75x |
KuCoin NEOUSDTM
BloFin NEO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $2.51
- Price spread: +0.040% → +0.011%
- $2.9
- Slippage, 4 orders
- −$170.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$189.34
- Costs to cover
- 1.947%
- Break-even
- 535.4 days
Slippage from KuCoin: live order book, 20 min ago; BloFin: live order book, 27 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, 20 min ago | 9.86 bp | 87.1 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 3.95 bp | 15.5 bp −$16 | 39.7 bp −$397 | 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 | −0.0625% | 1h | 2.5166 | −0.095% | $23K | $670 | 20x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.5234 | +0.175% | $417K | $297K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5208 | +0.070% | $3.4M | $4.8M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5190 | 0.000% | $1.6M | $698K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5190 | 0.000% | $354K | $707K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5210 | +0.079% | $233K | $106K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5220 | +0.119% | $2.8M | $855K | 50x | as long as short |
| KuCoin NEOUSDTMlong | +0.0100% | 8h | 2.5190 | long leg | $716K | $135K | 30x | |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5190 | 0.000% | $1.6M | $223K | 75x | as long as short |
| BingX NEO-USDC | +0.0100% | 8h | 2.5190 | 0.000% | — | $6.5M | — | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
Bitget NEOUSDT
BingX NEO-USDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5200 | +0.040% | $21K | $11 | — | as long as short |
| BloFin NEO-USDTshort | +0.0112% | 8h | 2.5200 | +0.040% | $157K | $81K | 75x |
Variational Omni NEO