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 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
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)−0.170%−$17 · spread now +0.159%, 7d avg +0.020%
Together, before fees−0.219%−$22 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 0.139% 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEO_USDT2.51100.0100pay 0.0100% / 8h7h 57m$260K$116K50x
ShortBybit NEOUSDT2.51500.0100get 0.0100% / 8h7h 57m$1.6M$845K75x

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 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: +0.159% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 10 min ago4.00 bp368.8 bp −$369doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago4.00 bp26.6 bp −$2774.5 bp −$745doesn'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−0.0497%1h2.5135+0.098%$22K$3K20xas long as short
BloFin NEO-USDT+0.0097%8h2.5140+0.119%$148K$76K75xas long as short
Hyperliquid NEO+0.0100%1h2.5181+0.283%$262K$174K5xas long as short
Binance NEOUSDT+0.0100%8h2.5150+0.159%$3.2M$4.6M75xas long as short
Bybit NEOUSDTshort+0.0100%8h2.5150+0.159%$1.6M$845K75x
OKX NEO-USDT-SWAP+0.0100%8h2.5140+0.119%$342K$601K20xas long as short
Gate NEO_USDTlong+0.0100%8h2.5110long leg$260K$116K50x
MEXC NEO_USDT+0.0100%8h2.5160+0.199%$3.0M$634K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5100−0.040%$736K$148K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5150+0.159%$1.6M$278K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDC+0.0100%8h2.5130+0.080%$6.5Mas long as short
Variational Omni NEO+0.0100%8h2.5087−0.093%$21K$82as long as short