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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.064%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$800.802% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$17 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.064%, 7d avg −0.027%
Together, before fees−0.266%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 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: Hyperliquid is 0.091% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEOUSDT2.51200.0100pay 0.0100% / 8h4h 45m$3.3M$5.3M75x
ShortHyperliquid NEO2.51360.0100get 0.0013% / 1h45m 54s$271K$229K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.064% → −0.027%
$9.07
Slippage, 4 orders
−$61.24
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$71.17
Costs to cover
0.802%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Hyperliquid: live order book, 43 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 Binance live order book, 7 min ago1.99 bp15.0 bp −$1554.4 bp −$544doesn't fitdoesn't fit
Sell Hyperliquid live order book, 43 min ago0.79 bp22.1 bp −$22doesn't fitdoesn'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−0.0598%1h2.5092−0.112%$22K$3K20xas long as short
Hyperliquid NEOshort+0.0100%1h2.5136+0.064%$271K$229K5x
Binance NEOUSDTlong+0.0100%8h2.5120long leg$3.3M$5.3M75x
Bybit NEOUSDT+0.0100%8h2.5100−0.080%$1.6M$893K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5090−0.119%$349K$706K20xas long as short
Gate NEO_USDT+0.0100%8h2.5090−0.119%$232K$113K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5110−0.040%$2.8M$773K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5080−0.159%$725K$146K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5090−0.119%$1.6M$286K75xas long as short
BingX NEO-USDT+0.0100%8h2.5080−0.159%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5105−0.058%$21K$11as long as short
BloFin NEO-USDT+0.0116%8h2.5090−0.119%$158K$81K75xas long as short