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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
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: Bybit against BingX+0.040%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1221.216% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 7 days+0.005%$0 · spread now +0.040%, 7d avg +0.009%
Together, before fees−0.044%−$4 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: Bybit is 0.031% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEO-USDC2.49300.0100pay 0.0100% / 8h1h 27m$6.5M
ShortBybit NEOUSDT2.49400.0100get 0.0100% / 8h1h 27m$1.6M$878K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.040% → +0.009%
$3.15
Slippage, 4 orders
−$100.57
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$118.43
Costs to cover
1.216%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 4 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 BingX live order book, 8 min ago6.00 bp31.8 bp −$32111.5 bp −$1,115665.5 bp −$66.6K814.4 bp −$407.2K
Sell Bybit live order book, 4 min ago6.02 bp29.9 bp −$30190.7 bp −$1,907doesn'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−0.0897%1h2.4941+0.046%$22K$3K20xas long as short
BloFin NEO-USDT+0.0071%8h2.4920−0.040%$148K$75K75xas long as short
Hyperliquid NEO+0.0100%1h2.4926−0.016%$248K$149K5xas long as short
Binance NEOUSDT+0.0100%8h2.49300.000%$3.1M$4.6M75xas long as short
Bybit NEOUSDTshort+0.0100%8h2.4940+0.040%$1.6M$878K75x
OKX NEO-USDT-SWAP+0.0100%8h2.4910−0.080%$341K$586K20xas long as short
Gate NEO_USDT+0.0100%8h2.4940+0.040%$257K$117K50xas long as short
MEXC NEO_USDT+0.0100%8h2.49300.000%$2.8M$620K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.4910−0.080%$731K$147K30xas long as short
Bitget NEOUSDT+0.0100%8h2.4910−0.080%$1.6M$277K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDClong+0.0100%8h2.4930long leg$6.5M
Variational Omni NEO+0.0100%8h2.4927−0.012%$21K$331as long as short