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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.080%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$900.898% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.200%−$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.080% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEO-USDC2.50700.0100pay 0.0100% / 8h2h 17m$6.5M
ShortHyperliquid NEO2.50900.0100get 0.0013% / 1h17m 37s$413K$296K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.080% → 0.000%
$7.98
Slippage, 4 orders
−$70.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$81.82
Costs to cover
0.898%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Hyperliquid: live order book, 52 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, 3 min ago5.98 bp36.8 bp −$37117.3 bp −$1,173610.4 bp −$61.0K764.3 bp −$382.2K
Sell Hyperliquid live order book, 52 min ago1.00 bp8.8 bp −$9doesn'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−0.0498%1h2.5074+0.015%$22K$65820xas long as short
BloFin NEO-USDT+0.0084%8h2.5060−0.040%$155K$81K75xas long as short
Hyperliquid NEOshort+0.0100%1h2.5090+0.080%$413K$296K5x
Binance NEOUSDT+0.0100%8h2.50700.000%$3.3M$4.8M75xas long as short
Bybit NEOUSDT+0.0100%8h2.50700.000%$1.6M$755K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5050−0.080%$353K$666K20xas long as short
Gate NEO_USDT+0.0100%8h2.5060−0.040%$231K$112K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5060−0.040%$2.8M$787K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5060−0.040%$714K$140K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5050−0.080%$1.6M$218K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDClong+0.0100%8h2.5070long leg$6.5M
Variational Omni NEO+0.0100%8h2.4976−0.376%$21K$11as long as short