Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin+0.040%65s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2182.176% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.309%+$31 · spread now +0.040%, 7d avg +0.005%
=The price spread pays, funding is against you. BloFin is 0.035% dearer against KuCoin than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of +0.005%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9.0 days. At the pace of the last 7 days (−0.006% in total) that is about 38 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NEOUSDTM | 2.5070 | 0.0100 | pay 0.0100% / 8h | 4h 36m | $724K | $141K | 30x |
| Short | BloFin NEO-USDT | 2.5080 | 0.0087 | get 0.0087% / 8h | 4h 36m | $157K | $81K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$2.68
- Price spread: +0.040% → +0.005%
- $3.46
- Slippage, 4 orders
- −$193.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$216.85
- Costs to cover
- 2.176%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 48 min ago; BloFin: live order book, 55 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 KuCoin live order book, 48 min ago | 5.93 bp | 90.8 bp −$91 | 521.5 bp −$5,215 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 3.94 bp | 22.5 bp −$23 | 41.7 bp −$417 | 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 | −0.0599% | 1h | 2.5050 | −0.080% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDTshort | +0.0087% | 8h | 2.5080 | +0.040% | $157K | $81K | 75x | |
| Hyperliquid NEO | +0.0100% | 1h | 2.5088 | +0.072% | $287K | $242K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.5072 | +0.007% | $3.3M | $5.2M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.5060 | −0.040% | $1.6M | $892K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5080 | +0.040% | $349K | $709K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5050 | −0.080% | $232K | $116K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5060 | −0.040% | $2.8M | $774K | 50x | as long as short |
| KuCoin NEOUSDTMlong | +0.0100% | 8h | 2.5070 | long leg | $724K | $141K | 30x | |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5030 | −0.160% | $1.6M | $280K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDC | +0.0100% | 8h | 2.5080 | +0.040% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.5060 | −0.038% | $21K | $11 | — | as long as short |
KuCoin NEOUSDTM
BloFin NEO-USDT
Kraken Futures PF_NEOUSD
Hyperliquid NEO
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
Bitget NEOUSDT
BingX NEO-USDC
Variational Omni NEO