Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.080%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1111.108% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.080%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.124% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NEO-USDT-SWAP | 2.4860 | 0.0100 | pay 0.0100% / 8h | 2h 01m | $340K | $573K | 20x |
| Short | Bybit NEOUSDT | 2.4840 | 0.0100 | get 0.0100% / 8h | 2h 01m | $1.6M | $868K | 75x |
OKX NEO-USDT-SWAP
Bybit NEOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- $0
- Price spread: −0.080% → +0.044%
- −$12.42
- Slippage, 4 orders
- −$89.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$123.25
- Costs to cover
- 1.108%
- Break-even
- never at this rate
Slippage from OKX: live order book, 20 min ago; Bybit: live order book, 5 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 OKX live order book, 20 min ago | 6.01 bp | 26.6 bp −$27 | 6002.2 bp −$60.0K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 6.04 bp | 27.2 bp −$27 | 74.2 bp −$742 | 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 | −0.1086% | 1h | 2.4875 | +0.060% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDT | +0.0093% | 8h | 2.4860 | 0.000% | $148K | $74K | 75x | as long as short |
| Hyperliquid NEO | +0.0100% | 1h | 2.4848 | −0.048% | $248K | $150K | 5x | as long as short |
| Binance NEOUSDT | +0.0100% | 8h | 2.4870 | +0.040% | $3.1M | $4.6M | 75x | as long as short |
| Bybit NEOUSDTshort | +0.0100% | 8h | 2.4840 | −0.080% | $1.6M | $868K | 75x | |
| OKX NEO-USDT-SWAPlong | +0.0100% | 8h | 2.4860 | long leg | $340K | $573K | 20x | |
| Gate NEO_USDT | +0.0100% | 8h | 2.4900 | +0.161% | $260K | $116K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4850 | −0.040% | $2.8M | $636K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4810 | −0.201% | $729K | $147K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4890 | +0.121% | $1.6M | $280K | 75x | as long as short |
Kraken Futures PF_NEOUSD
BloFin NEO-USDT
Hyperliquid NEO
Binance NEOUSDT
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDT | +0.0100% | 8h | 2.4850 | −0.040% | — | $2.4M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.4829 | −0.125% | $21K | $331 | — | as long as short |
BingX NEO-USDT
Variational Omni NEO