Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against BloFin+0.040%63s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$558as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5625.617% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.214%−$21 · spread now +0.040%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.049% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEO-USDT | 2.5080 | 0.0071 | pay 0.0071% / 8h | 7h 30m | $149K | $76K | 75x |
| Short | Gate NEO_USDT | 2.5090 | 0.0100 | get 0.0100% / 8h | 7h 30m | $259K | $116K | 50x |
BloFin NEO-USDT
Gate NEO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- $6.09
- Price spread: +0.040% → −0.009%
- $4.9
- Slippage, 4 orders
- −$534.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$550.68
- Costs to cover
- 5.617%
- Break-even
- 639.5 days
Slippage from BloFin: live order book, 26 min ago; Gate: live order book, 37 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 BloFin live order book, 26 min ago | 1.99 bp | 13.6 bp −$14 | 26.3 bp −$263 | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 4.00 bp | 158.7 bp −$159 | doesn't fit | 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 | −0.0497% | 1h | 2.5109 | +0.115% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDTlong | +0.0071% | 8h | 2.5080 | long leg | $149K | $76K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.5124 | +0.175% | $270K | $200K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5098 | +0.074% | $3.2M | $4.6M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5100 | +0.080% | $1.6M | $844K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5090 | +0.040% | $343K | $590K | 20x | as long as short |
| Gate NEO_USDTshort | +0.0100% | 8h | 2.5090 | +0.040% | $259K | $116K | 50x | |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5090 | +0.040% | $3.0M | $648K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5090 | +0.040% | $736K | $148K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5100 | +0.080% | $1.6M | $269K | 75x | as long as short |
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDC | +0.0100% | 8h | 2.5090 | +0.040% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5101 | +0.084% | $21K | $82 | — | as long as short |
BingX NEO-USDC
Variational Omni NEO