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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX0.000%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$980.983% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.065%+$7 · spread now 0.000%, 7d avg +0.044%
Together, before fees+0.060%+$6 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: Bybit is 0.044% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEO-USDT-SWAP2.50900.0100pay 0.0100% / 8h5h 51m$366K$661K20x
ShortBybit NEOUSDT2.50900.0100get 0.0100% / 8h5h 51m$1.6M$583K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: 0.000% → +0.044%
−$4.36
Slippage, 4 orders
−$77.25
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$102.62
Costs to cover
0.983%
Break-even
never at this rate
Slippage from OKX: live order book, 57 min ago; Bybit: live order book, 3 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, 57 min ago3.99 bp27.8 bp −$281542.9 bp −$15.4Kdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago3.98 bp26.9 bp −$2795.2 bp −$952doesn't fitdoesn't fit

NEO on 12 exchanges

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−0.0223%1h2.5109+0.075%$22K$40620xas long as short
Hyperliquid NEO+0.0100%1h2.5131+0.163%$414K$301K5xas long as short
Binance NEOUSDT+0.0100%8h2.5110+0.080%$3.3M$4.5M75xas long as short
Bybit NEOUSDTshort+0.0100%8h2.50900.000%$1.6M$583K75x
OKX NEO-USDT-SWAPlong+0.0100%8h2.5090long leg$366K$661K20x
Gate NEO_USDT+0.0100%8h2.5130+0.159%$232K$78K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5100+0.040%$2.8M$913K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.50900.000%$708K$130K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5110+0.080%$1.6M$196K75xas long as short
BingX NEO-USDT+0.0100%8h2.5110+0.080%$2.4Mas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5149+0.234%$21K$1as long as short
BloFin NEO-USDT+0.0116%8h2.5120+0.120%$156K$86K75xas long as short