Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.120%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2202.202% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.120%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.114% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEOUSDT | 2.5030 | 0.0100 | pay 0.0100% / 8h | 41m 15s | $3.1M | $4.6M | 75x |
| Short | KuCoin NEOUSDTM | 2.5000 | 0.0100 | get 0.0100% / 8h | 41m 15s | $735K | $148K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.120% → −0.006%
- −$11.36
- Slippage, 4 orders
- −$198.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$231.52
- Costs to cover
- 2.202%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 23 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 | 2.00 bp | 18.6 bp −$19 | 49.6 bp −$496 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 6.02 bp | 79.4 bp −$79 | 665.2 bp −$6,652 | 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 | −0.0744% | 1h | 2.5047 | +0.069% | $22K | $3K | 20x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.5032 | +0.008% | $249K | $149K | 5x | as long as short |
| Binance NEOUSDTlong | +0.0100% | 8h | 2.5030 | long leg | $3.1M | $4.6M | 75x | |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5060 | +0.120% | $1.6M | $861K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5040 | +0.040% | $344K | $594K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5050 | +0.080% | $259K | $116K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5020 | −0.040% | $2.9M | $621K | 50x | as long as short |
| KuCoin NEOUSDTMshort | +0.0100% | 8h | 2.5000 | −0.120% | $735K | $148K | 30x | |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5010 | −0.080% | $1.6M | $275K | 75x | as long as short |
| BingX NEO-USDT | +0.0100% | 8h | 2.5040 | +0.040% | — | $2.4M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5042 | +0.047% | $21K | $82 | — | as long as short |
| BloFin NEO-USDT | +0.0109% | 8h | 2.5010 | −0.080% | $149K | $76K | 75x | as long as short |
Binance NEOUSDT
KuCoin NEOUSDTM
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
Bitget NEOUSDT
BingX NEO-USDT
Variational Omni NEO
BloFin NEO-USDT