Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid−0.139%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$990.993% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.139%, 7d avg +0.030%
=Together, before fees+0.278%+ Points / potential airdropHyperliquid: Season 2 · farm board+$28 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 0.169% cheaper against Hyperliquid than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEO | 2.5185 | 0.0100 | pay 0.0013% / 1h | 35m 29s | $415K | $295K | 5x |
| Short | Bybit NEOUSDT | 2.5150 | 0.0100 | get 0.0100% / 8h | 1h 35m | $1.6M | $751K | 75x |
Hyperliquid NEO
Bybit NEOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hyperliquid. 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: −0.139% → +0.030%
- −$16.92
- Slippage, 4 orders
- −$79.26
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$116.18
- Costs to cover
- 0.993%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 24 min ago; Bybit: live order book, 1 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 Hyperliquid live order book, 24 min ago | 1.59 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.98 bp | 25.5 bp −$26 | 75.6 bp −$756 | 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 | −0.0554% | 1h | 2.5128 | −0.225% | $22K | $658 | 20x | as long as short |
| BloFin NEO-USDT | +0.0095% | 8h | 2.5190 | +0.020% | $157K | $82K | 75x | as long as short |
| Hyperliquid NEOlong | +0.0100% | 1h | 2.5185 | long leg | $415K | $295K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.5165 | −0.078% | $3.4M | $4.8M | 75x | as long as short |
| Bybit NEOUSDTshort | +0.0100% | 8h | 2.5150 | −0.139% | $1.6M | $751K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5130 | −0.218% | $362K | $674K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5150 | −0.139% | $233K | $109K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5160 | −0.099% | $2.8M | $770K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5150 | −0.139% | $716K | $137K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5160 | −0.099% | $1.6M | $222K | 75x | as long as short |
Kraken Futures PF_NEOUSD
BloFin NEO-USDT
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 | 2.5150 | −0.139% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5146 | −0.156% | $21K | $11 | — | as long as short |
BingX NEO-USDC
Variational Omni NEO