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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.218%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$970.973% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.218%, 7d avg −0.005%
Together, before fees+0.334%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 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: OKX is 0.213% cheaper against Hyperliquid than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEO2.52150.0100pay 0.0013% / 1h4m 44s$269K$224K5x
ShortOKX NEO-USDT-SWAP2.51600.0100get 0.0100% / 8h6h 04m$350K$702K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.218% → −0.005%
−$21.31
Slippage, 4 orders
−$78.32
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$118.63
Costs to cover
0.973%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 35 min ago; OKX: live order book, 61 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, 35 min ago2.58 bp27.7 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 61 min ago1.96 bp20.9 bp −$21doesn't fitdoesn't fitdoesn't fit

NEO on 11 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−0.0770%1h2.5163−0.207%$22K$3K20xas long as short
Hyperliquid NEOlong+0.0100%1h2.5215long leg$269K$224K5x
Binance NEOUSDT+0.0100%8h2.5190−0.099%$3.4M$5.2M75xas long as short
Bybit NEOUSDT+0.0100%8h2.5180−0.139%$1.6M$884K75xas long as short
OKX NEO-USDT-SWAPshort+0.0100%8h2.5160−0.218%$350K$702K20x
Gate NEO_USDT+0.0100%8h2.5170−0.178%$262K$118K50xas long as short
MEXC NEO_USDT+0.0100%8h2.5180−0.139%$2.9M$746K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5160−0.218%$731K$150K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5180−0.139%$1.6M$278K75xas long as short
BingX NEO-USDT+0.0100%8h2.5160−0.218%$2.4Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.5176−0.156%$21K$11as long as short