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: Gate against Bybit−0.040%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$622as in the Funding arb table
Net, price: spread back to 7d avg − costs−$629as in the Price arb table
costs, in and out, $10k−$6276.266% 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 4 days (all we have)+0.061%+$6 · spread now −0.040%, 7d avg −0.020%
Together, before fees+0.110%+$11 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: Gate is 0.020% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEOUSDT2.52500.0100pay 0.0100% / 8h4h 23m$1.6M$887K75x
ShortGate NEO_USDT2.52400.0100get 0.0100% / 8h4h 23m$233K$117K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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% → −0.020%
−$2
Slippage, 4 orders
−$600.64
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$628.64
Costs to cover
6.266%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 28 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 Bybit live order book, 3 min ago3.96 bp27.2 bp −$27102.6 bp −$1,026doesn't fitdoesn't fit
Sell Gate live order book, 28 min ago3.99 bp161.7 bp −$162doesn'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−0.0595%1h2.5226−0.094%$23K$3K20xas long as short
BloFin NEO-USDT+0.0075%8h2.52500.000%$155K$82K75xas long as short
Hyperliquid NEO+0.0100%1h2.5275+0.099%$289K$242K5xas long as short
Binance NEOUSDT+0.0100%8h2.5260+0.040%$3.3M$5.2M75xas long as short
Bybit NEOUSDTlong+0.0100%8h2.5250long leg$1.6M$887K75x
OKX NEO-USDT-SWAP+0.0100%8h2.5230−0.079%$351K$712K20xas long as short
Gate NEO_USDTshort+0.0100%8h2.5240−0.040%$233K$117K50x
MEXC NEO_USDT+0.0100%8h2.5260+0.040%$2.8M$774K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5240−0.040%$725K$142K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5270+0.079%$1.7M$279K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.52500.000%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.5245−0.018%$21K$11as long as short