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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.044%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$500.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.170%−$17 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.044%, 7d avg −0.026%
Together, before fees−0.251%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 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: Hyperliquid is 0.070% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEO_USDT2.49000.0100pay 0.0100% / 8h1h 20m$2.8M$621K50x
ShortHyperliquid NEO2.49110.0100get 0.0013% / 1h20m 14s$248K$149K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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: +0.044% → −0.026%
$7.04
Slippage, 4 orders
−$37.22
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$43.18
Costs to cover
0.502%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 49 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 MEXC live order book, 2 min ago2.01 bp4.0 bp −$414.5 bp −$14584.7 bp −$8,473161.2 bp −$80.6K
Sell Hyperliquid live order book, 49 min ago1.40 bp23.9 bp −$24doesn't fitdoesn'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−0.0898%1h2.4913+0.052%$22K$3K20xas long as short
BloFin NEO-USDT+0.0078%8h2.4910+0.040%$149K$75K75xas long as short
Hyperliquid NEOshort+0.0100%1h2.4911+0.044%$248K$149K5x
Binance NEOUSDT+0.0100%8h2.49000.000%$3.1M$4.6M75xas long as short
Bybit NEOUSDT+0.0100%8h2.4910+0.040%$1.6M$880K75xas long as short
OKX NEO-USDT-SWAP+0.0100%8h2.4910+0.040%$341K$586K20xas long as short
Gate NEO_USDT+0.0100%8h2.4930+0.120%$257K$117K50xas long as short
MEXC NEO_USDTlong+0.0100%8h2.4900long leg$2.8M$621K50x
KuCoin NEOUSDTM+0.0100%8h2.49000.000%$732K$148K30xas long as short
Bitget NEOUSDT+0.0100%8h2.4910+0.040%$1.6M$277K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NEO-USDT+0.0100%8h2.4920+0.080%$2.4Mas long as short
Variational Omni NEO+0.0100%8h2.4897−0.012%$21K$331as long as short