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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.040%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1131.128% 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+0.203%+$20 · spread now +0.040%, 7d avg +0.061%
Together, before fees+0.154%+$15 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 0.021% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEOUSDT2.51700.0100pay 0.0100% / 8h5h 37m$1.6M$276K75x
ShortBybit NEOUSDT2.51800.0100get 0.0100% / 8h5h 37m$1.6M$885K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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% → +0.061%
−$2.15
Slippage, 4 orders
−$89.8
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$114.95
Costs to cover
1.128%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 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 Bitget live order book, 5 min ago5.97 bp26.2 bp −$2663.0 bp −$630doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.97 bp30.1 bp −$30491.5 bp −$4,915doesn'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−0.0344%1h2.5159−0.043%$22K$3K20xas long as short
BloFin NEO-USDT+0.0090%8h2.5150−0.079%$158K$79K75xas long as short
Hyperliquid NEO+0.0100%1h2.5209+0.155%$269K$225K5xas long as short
Binance NEOUSDT+0.0100%8h2.5192+0.088%$3.4M$5.1M75xas long as short
Bybit NEOUSDTshort+0.0100%8h2.5180+0.040%$1.6M$885K75x
OKX NEO-USDT-SWAP+0.0100%8h2.5140−0.119%$351K$704K20xas long as short
Gate NEO_USDT+0.0100%8h2.5160−0.040%$232K$113K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5200+0.119%$2.9M$766K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5160−0.040%$728K$151K30xas long as short
Bitget NEOUSDTlong+0.0100%8h2.5170long leg$1.6M$276K75x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDT+0.0100%8h2.51700.000%$2.4Mas long as short
Variational Omni NEO+0.0100%8h2.5160−0.039%$21K$11as long as short