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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against OKX+0.119%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$750.746% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.119%, 7d avg +0.031%
Together, before fees+0.041%+$4 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: BloFin is 0.088% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEO-USDT-SWAP2.51600.0100pay 0.0100% / 8h10m 51s$362K$718K20x
ShortBloFin NEO-USDT2.51900.0108get 0.0108% / 8h10m 51s$156K$86K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$1.7
Price spread: +0.119% → +0.031%
$8.81
Slippage, 4 orders
−$52.64
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$64.13
Costs to cover
0.746%
Break-even
271.8 days
Slippage from OKX: live order book, 25 min ago; BloFin: live order book, 51 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 OKX live order book, 25 min ago3.97 bp25.5 bp −$262020.0 bp −$20.2Kdoesn't fitdoesn't fit
Sell BloFin live order book, 51 min ago3.95 bp15.5 bp −$1639.7 bp −$397doesn'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%1h2.5159−0.002%$23K$68320xas long as short
Hyperliquid NEO+0.0100%1h2.5190+0.119%$416K$298K5xas long as short
Binance NEOUSDT+0.0100%8h2.5174+0.056%$3.4M$4.8M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5170+0.040%$1.6M$663K75xas long as short
OKX NEO-USDT-SWAPlong+0.0100%8h2.5160long leg$362K$718K20x
Gate NEO_USDT+0.0100%8h2.5170+0.040%$233K$107K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5170+0.040%$2.8M$858K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.51600.000%$716K$135K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5140−0.079%$1.6M$224K75xas long as short
BingX NEO-USDT+0.0100%8h2.5150−0.040%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5157−0.012%$21K$11as long as short
BloFin NEO-USDTshort+0.0108%8h2.5190+0.119%$156K$86K75x