Funding you earn now, next payment 08:00 UTC−0.0725%/8h= −79.4% APRpaid last 24h −0.265%
Price spread now: Kraken Futures against Gate−0.120%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 −$22 a day on $10k at the current rate, and Kraken Futures is 0.120% cheaper against Gate than usual: you would sell low and buy high (−$12 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 | Gate NEO_USDT | 2.5170 | 0.0100 | pay 0.0100% / 8h | 12m 10s | $233K | $107K | 50x |
| Short | Kraken Futures PF_NEOUSD | 2.5140 | −0.0625 | pay 0.0078% / 1h | 12m 10s | $22K | $683 | 20x |
Gate NEO_USDT
Kraken Futures PF_NEOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$152.29
- Price spread: −0.120% → 0.000%
- −$12.02
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$189.31
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 19 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 Gate live order book, 19 min ago | 7.95 bp | 533.3 bp −$533 | doesn't fit | 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 | −0.0625% | 1h | 2.5140 | −0.120% | $22K | $683 | 20x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.5189 | +0.075% | $416K | $298K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5179 | +0.036% | $3.4M | $4.8M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5180 | +0.040% | $1.6M | $663K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5160 | −0.040% | $362K | $718K | 20x | as long as short |
| Gate NEO_USDTlong | +0.0100% | 8h | 2.5170 | long leg | $233K | $107K | 50x | |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5170 | 0.000% | $2.8M | $858K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5160 | −0.040% | $716K | $135K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5150 | −0.079% | $1.6M | $224K | 75x | as long as short |
| BingX NEO-USDT | +0.0100% | 8h | 2.5150 | −0.079% | — | $2.4M | — | as long as short |
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5136 | −0.135% | $21K | $11 | — | as long as short |
| BloFin NEO-USDT | +0.0108% | 8h | 2.5210 | +0.159% | $157K | $86K | 75x | as long as short |
Variational Omni NEO
BloFin NEO-USDT