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

NEO

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0441%/8h= −48.3% APRpaid last 24h −0.274%
Price spread now: Kraken Futures against BingX−0.135%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Kraken Futures is 0.135% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEO-USDT2.53700.0100pay 0.0100% / 8h5h 29m$2.4M
ShortKraken Futures PF_NEOUSD2.5336−0.0341pay 0.0043% / 1h29m 58s$23K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$92.68
Price spread: −0.135% → 0.000%
−$13.47
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$126.15
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 4 min ago5.93 bp19.1 bp −$1946.6 bp −$466383.6 bp −$38.4K474.4 bp −$237.2K
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_NEOUSDshort−0.0341%1h2.5336−0.135%$23K$3K20x
Hyperliquid NEO+0.0100%1h2.5366−0.016%$270K$225K5xas long as short
Binance NEOUSDT+0.0100%8h2.5357−0.052%$3.4M$5.1M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5380+0.039%$1.6M$887K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.5350−0.079%$354K$711K20xas long as short
Gate NEO_USDT+0.0100%8h2.53700.000%$234K$114K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5330−0.158%$2.9M$766K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5360−0.039%$733K$151K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5320−0.197%$1.7M$277K75xas long as short
BingX NEO-USDTlong+0.0100%8h2.5370long leg$2.4M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5340−0.119%$21K$11as long as short
BloFin NEO-USDT+0.0106%8h2.5310−0.236%$159K$80K75xas long as short