Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Binance−0.040%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.196%+$20 · spread now −0.040%, 7d avg −0.003%
=Funding pays, the price is against you. BloFin is 0.037% cheaper against Binance than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of −0.003%). If the spread goes back, that is −$4 on $10k: about 7.6 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEOUSDT | 2.4940 | 0.0100 | pay 0.0100% / 8h | 19m 10s | $3.1M | $4.6M | 75x |
| Short | BloFin NEO-USDT | 2.4930 | 0.0116 | get 0.0116% / 8h | 19m 10s | $148K | $75K | 75x |
Binance NEOUSDT
BloFin NEO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $3.45
- Price spread: −0.040% → −0.003%
- −$3.74
- Slippage, 4 orders
- −$43.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$65.87
- Costs to cover
- 0.656%
- Break-even
- 140.8 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 42 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, 3 min ago | 2.01 bp | 18.8 bp −$19 | 47.6 bp −$476 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 2.00 bp | 15.9 bp −$16 | 35.9 bp −$359 | 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 | −0.0746% | 1h | 2.4952 | +0.047% | $22K | $3K | 20x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.4935 | −0.020% | $248K | $148K | 5x | as long as short |
| Binance NEOUSDTlong | +0.0100% | 8h | 2.4940 | long leg | $3.1M | $4.6M | 75x | |
| Bybit NEOUSDT | +0.0100% | 8h | 2.4940 | 0.000% | $1.6M | $845K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.4930 | −0.040% | $339K | $590K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.4940 | 0.000% | $258K | $117K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4940 | 0.000% | $3.0M | $637K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4900 | −0.161% | $732K | $148K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4920 | −0.080% | $1.6M | $271K | 75x | as long as short |
| BingX NEO-USDT | +0.0100% | 8h | 2.4940 | 0.000% | — | $2.4M | — | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.4927 | −0.054% | $21K | $82 | — | as long as short |
| BloFin NEO-USDTshort | +0.0116% | 8h | 2.4930 | −0.040% | $148K | $75K | 75x |
Variational Omni NEO