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 Gate+0.159%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$584as in the Funding arb table
Net, price: spread back to 7d avg − costs−$565as in the Price arb table
costs, in and out, $10k−$5795.787% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.159%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.139% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NEO_USDT | 2.5110 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $260K | $116K | 50x |
| Short | Bybit NEOUSDT | 2.5150 | 0.0100 | get 0.0100% / 8h | 7h 57m | $1.6M | $845K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $0
- Price spread: +0.159% → +0.020%
- $13.92
- Slippage, 4 orders
- −$552.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$564.76
- Costs to cover
- 5.787%
- Break-even
- never at this rate
Slippage from Gate: live order book, 10 min ago; Bybit: live order book, 9 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 Gate live order book, 10 min ago | 4.00 bp | 368.8 bp −$369 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 4.00 bp | 26.6 bp −$27 | 74.5 bp −$745 | 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 | 2.5135 | +0.098% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDT | +0.0097% | 8h | 2.5140 | +0.119% | $148K | $76K | 75x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.5181 | +0.283% | $262K | $174K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5150 | +0.159% | $3.2M | $4.6M | 75x | as long as short |
| Bybit NEOUSDTshort | +0.0100% | 8h | 2.5150 | +0.159% | $1.6M | $845K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5140 | +0.119% | $342K | $601K | 20x | as long as short |
| Gate NEO_USDTlong | +0.0100% | 8h | 2.5110 | long leg | $260K | $116K | 50x | |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5160 | +0.199% | $3.0M | $634K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5100 | −0.040% | $736K | $148K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5150 | +0.159% | $1.6M | $278K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDC | +0.0100% | 8h | 2.5130 | +0.080% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5087 | −0.093% | $21K | $82 | — | as long as short |
Gate NEO_USDT
Bybit NEOUSDT
Kraken Futures PF_NEOUSD
BloFin NEO-USDT
Hyperliquid NEO
Binance NEOUSDT
OKX NEO-USDT-SWAP
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDC
Variational Omni NEO