Funding you earn now, next payment 21:00 UTC−0.0837%/8h= −91.7% APRpaid last 24h −0.216%
Price spread now: Kraken Futures against Bybit−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 0.068% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEOUSDT | 2.5070 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $1.6M | $877K | 75x |
| Short | Kraken Futures PF_NEOUSD | 2.5053 | −0.0737 | pay 0.0092% / 1h | 30m 32s | $22K | $3K | 20x |
Bybit NEOUSDT
Kraken Futures PF_NEOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- −$175.8
- Price spread: −0.068% → 0.000%
- −$6.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$203.64
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 3.99 bp | 24.5 bp −$25 | 350.7 bp −$3,507 | doesn't fit | doesn't fit |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEOUSDshort | −0.0737% | 1h | 2.5053 | −0.068% | $22K | $3K | 20x | |
| BloFin NEO-USDT | +0.0071% | 8h | 2.5000 | −0.279% | $149K | $76K | 75x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.5047 | −0.092% | $244K | $140K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5073 | +0.012% | $3.1M | $4.8M | 75x | as long as short |
| Bybit NEOUSDTlong | +0.0100% | 8h | 2.5070 | long leg | $1.6M | $877K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5040 | −0.120% | $341K | $598K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5050 | −0.080% | $261K | $117K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5060 | −0.040% | $2.8M | $635K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5020 | −0.199% | $736K | $150K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5020 | −0.199% | $1.6M | $287K | 75x | as long as short |
BloFin NEO-USDT
Hyperliquid NEO
Binance NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
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 | 2.5050 | −0.080% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5050 | −0.081% | $21K | $331 | — | as long as short |
BingX NEO-USDC
Variational Omni NEO