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

NEO

all NEO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.080%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$790.793% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.080%, 7d avg +0.037%
Together, before fees−0.001%$0 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: Binance is 0.042% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEO-USDT-SWAP2.51400.0100pay 0.0100% / 8h7h 23m$368K$727K20x
ShortBinance NEOUSDT2.51600.0100get 0.0100% / 8h7h 23m$3.3M$4.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.080% → +0.037%
$4.23
Slippage, 4 orders
−$59.28
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$75.05
Costs to cover
0.793%
Break-even
never at this rate
Slippage from OKX: live order book, 7 min ago; Binance: live order book, 13 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 OKX live order book, 7 min ago4.01 bp24.6 bp −$251583.2 bp −$15.8Kdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago1.99 bp16.0 bp −$1654.1 bp −$541doesn'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−0.0985%1h2.5094−0.184%$22K$69620xas long as short
Hyperliquid NEO+0.0100%1h2.5122−0.072%$415K$299K5xas long as short
Binance NEOUSDTshort+0.0100%8h2.5160+0.080%$3.3M$4.8M75x
Bybit NEOUSDT+0.0100%8h2.5130−0.040%$1.6M$659K75xas long as short
OKX NEO-USDT-SWAPlong+0.0100%8h2.5140long leg$368K$727K20x
Gate NEO_USDT+0.0100%8h2.5040−0.398%$231K$96K50xas long as short
MEXC NEO_USDT+0.0100%8h2.51400.000%$2.6M$901K50xas long as short
KuCoin NEOUSDTM+0.0100%8h2.5060−0.318%$711K$133K30xas long as short
Bitget NEOUSDT+0.0100%8h2.5110−0.119%$1.6M$224K75xas long as short
BingX NEO-USDT+0.0100%8h2.5130−0.040%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NEO+0.0100%8h2.4985−0.616%$21K$11as long as short
BloFin NEO-USDT+0.0104%8h2.5020−0.477%$156K$85K75xas long as short