Funding arb · Price arb /

NEO

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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 Binance+0.098%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$720.722% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 7 days−0.129%−$13 · spread now +0.098%, 7d avg −0.011%

Together, before fees−0.094%−$9 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 0.109% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it 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	Binance NEOUSDT	2.5155	0.0100	pay 0.0100% / 8h	1h 55m	$3.4M	$4.8M	75x
Short	BingX NEO-USDT	2.5180	0.0100	get 0.0100% / 8h	1h 55m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.098%Rate

Funding earned: $0
Price spread: +0.098% → −0.011%: $10.92
Slippage, 4 orders: −$52.16
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$61.23
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; BingX: live order book, 8 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 Binance live order book, 11 min ago	1.99 bp	16.1 bp −$16	54.5 bp −$545	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	3.96 bp	22.0 bp −$22	48.4 bp −$484	371.5 bp −$37.2K	491.0 bp −$245.5K

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	−0.0554%	1h	2.5132	−0.092%	$22K	$658	20x	as long as short
Hyperliquid NEO	+0.0100%	1h	2.5175	+0.079%	$414K	$296K	5x	as long as short
Binance NEOUSDTlong	+0.0100%	8h	2.5155	long leg	$3.4M	$4.8M	75x
Bybit NEOUSDT	+0.0100%	8h	2.5160	+0.019%	$1.6M	$752K	75x	as long as short
OKX NEO-USDT-SWAP	+0.0100%	8h	2.5160	+0.019%	$361K	$673K	20x	as long as short
Gate NEO_USDT	+0.0100%	8h	2.5180	+0.098%	$233K	$109K	50x	as long as short
MEXC NEO_USDT	+0.0100%	8h	2.5160	+0.019%	$2.8M	$768K	50x	as long as short
KuCoin NEOUSDTM	+0.0100%	8h	2.5160	+0.019%	$716K	$140K	30x	as long as short
Bitget NEOUSDT	+0.0100%	8h	2.5180	+0.098%	$1.6M	$222K	75x	as long as short
BingX NEO-USDTshort	+0.0100%	8h	2.5180	+0.098%	—	$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	2.5225	+0.279%	$21K	$11	—	as long as short
BloFin NEO-USDT	+0.0114%	8h	2.5170	+0.059%	$155K	$82K	75x	as long as short