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: Bybit against Binance−0.044%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$910.909% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now −0.044%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEOUSDT | 2.5221 | 0.0100 | pay 0.0100% / 8h | 6h 03m | $3.4M | $5.1M | 75x |
| Short | Bybit NEOUSDT | 2.5210 | 0.0100 | get 0.0100% / 8h | 6h 03m | $1.6M | $884K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.044% → +0.002%
- −$4.6
- Slippage, 4 orders
- −$69.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$95.52
- Costs to cover
- 0.909%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 2 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, 4 min ago | 1.99 bp | 18.1 bp −$18 | 54.3 bp −$543 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.97 bp | 28.4 bp −$28 | 72.8 bp −$728 | doesn't fit | doesn't fit |
NEO on 11 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 | −0.0769% | 1h | 2.5183 | −0.152% | $23K | $3K | 20x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.5245 | +0.095% | $269K | $225K | 5x | as long as short |
| Binance NEOUSDTlong | +0.0100% | 8h | 2.5221 | long leg | $3.4M | $5.1M | 75x | |
| Bybit NEOUSDTshort | +0.0100% | 8h | 2.5210 | −0.044% | $1.6M | $884K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5210 | −0.044% | $351K | $703K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5190 | −0.123% | $262K | $118K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5210 | −0.044% | $2.9M | $746K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5180 | −0.163% | $732K | $150K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5210 | −0.044% | $1.6M | $278K | 75x | as long as short |
| BingX NEO-USDT | +0.0100% | 8h | 2.5190 | −0.123% | — | $2.4M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5176 | −0.181% | $21K | $11 | — | as long as short |
Binance NEOUSDT
Bybit NEOUSDT
Kraken Futures PF_NEOUSD
Hyperliquid NEO
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDT
Variational Omni NEO