Settings8H · net · $10k
Funding arb · Price arb /

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.153%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2122.121% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.153%, 7d avg +0.030%
Together, before fees+0.402%+ Points / potential airdropHyperliquid: Season 2 · farm board+$40 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: KuCoin is 0.183% cheaper against Hyperliquid than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.48480.0100pay 0.0013% / 1h1m 13s$248K$150K5x
ShortKuCoin NEOUSDTM2.48100.0100get 0.0100% / 8h2h 01m$729K$147K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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: −0.153% → +0.030%
−$18.31
Slippage, 4 orders
−$191.09
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$230.39
Costs to cover
2.121%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; KuCoin: live order book, 12 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 Hyperliquid live order book, 8 min ago1.40 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 12 min ago12.06 bp80.2 bp −$80449.5 bp −$4,495doesn'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−0.1086%1h2.4875+0.108%$22K$3K20xas long as short
BloFin NEO-USDT+0.0093%8h2.4860+0.048%$148K$74K75xas long as short
Hyperliquid NEOlong+0.0100%1h2.4848long leg$248K$150K5x
Binance NEOUSDT+0.0100%8h2.4870+0.089%$3.1M$4.6M75xas long as short
Bybit NEOUSDT+0.0100%8h2.4840−0.032%$1.6M$868K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.4860+0.048%$340K$573K20xas long as short
Gate NEO_USDT+0.0100%8h2.4900+0.209%$260K$116K50xas long as short
MEXC NEO_USDT+0.0100%8h2.4850+0.008%$2.8M$636K50xas long as short
KuCoin NEOUSDTMshort+0.0100%8h2.4810−0.153%$729K$147K30x
Bitget NEOUSDT+0.0100%8h2.4890+0.169%$1.6M$280K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDT+0.0100%8h2.4850+0.008%$2.4Mas long as short
Variational Omni NEO+0.0100%8h2.4829−0.077%$21K$331as long as short