NEO funding rates and arbitrage
NEO perpetuals trade on 16 contracts across 13 venues, forming 117 cross-venue arbitrage pairs. By net APR the current best pair is long Coinbase against short Binance, netting +38.98%, though note the legs settle on different cadences (1h / 8h)。
NEO perpetual funding rates by venue
APR = current rate × (24 ÷ settlement interval) × 365. Venues settle on different cadences, so rates must be annualised before comparing.
| Venue | Contract | Margin | Settlement | Current rate | APR | 24h avg APR | 24h volume | Mark |
|---|---|---|---|---|---|---|---|---|
| BingX | NEO-USDC | USDC | 8h | 0.0100% | +10.95% | +10.95% | $6.5M | 2.199 |
| Binance | NEOUSDT | USDT | 8h | 0.0100% | +10.95% | +3.74% | $2.5M | 2.198 |
| BingX | NEO-USDT | USDT | 8h | 0.0100% | +10.95% | +10.95% | $2.3M | 2.199 |
| LBank | NEOUSDT | USDT | 8h | 0.0100% | +10.95% | +3.76% | $1.6M | 2.200 |
| WhiteBIT | NEO_PERP | USDT | 8h | 0.0100% | +10.95% | +10.95% | $830K | 2.201 |
| Binance | NEOUSDC | USDC | 8h | 0.0100% | +10.95% | +10.95% | $725K | 2.198 |
| MEXC | NEO_USDT | USDT | 8h | 0.0100% | +10.95% | +3.76% | $515K | 2.198 |
| Bybit | NEOUSDT | USDT | 8h | 0.0100% | +10.95% | +9.87% | $312K | 2.199 |
| OKX | NEO-USDT-SWAP | USDT | 8h | 0.0100% | +10.95% | +9.78% | $246K | 2.197 |
| KuCoin | NEOUSDTM | USDT | 8h | 0.0100% | +10.95% | +6.70% | $91K | 2.201 |
| Bitget | NEOUSDT | USDT | 8h | 0.0100% | +10.95% | +10.95% | $81K | 2.200 |
| Hyperliquid | NEO | USDC | 1h | 0.0013% | +10.95% | +10.95% | $68K | 2.198 |
| Gate | NEO_USDT | USDT | 8h | 0.0100% | +10.95% | +6.75% | $51K | 2.202 |
| Coinbase | NEO-PERP | USDC | 1h | -0.0032% | -28.03% | -28.03% | $28K | 2.393 |
| Bitfinex | tNEOF0:USTF0 | USDT | 8h | 0.0000% | 0.00% | -1.48% | $16K | 2.206 |
| Bitget | NEOPERP | USDC | 8h | 0.0100% | +10.95% | +10.95% | $10K | 2.196 |
NEO cross-venue arbitrage pairs
Short the higher-APR leg and go long the lower one; net APR = short leg − long leg.
| Long | Short | Net APR | Daily | 24h avg | Settlement | Liquidity |
|---|---|---|---|---|---|---|
| Coinbase USDC | Binance USDC | +38.98% | 0.1068% | +38.98% | 1h / 8h | $28K |
| Coinbase USDC | Binance USDT | +38.98% | 0.1068% | +31.77% | 1h / 8h | $28K |
| Coinbase USDC | BingX USDC | +38.98% | 0.1068% | +38.98% | 1h / 8h | $28K |
| Coinbase USDC | BingX USDT | +38.98% | 0.1068% | +38.98% | 1h / 8h | $28K |
| Coinbase USDC | Bitget USDC | +38.98% | 0.1068% | +38.98% | 1h / 8h | $10K |
| Coinbase USDC | Bitget USDT | +38.98% | 0.1068% | +38.98% | 1h / 8h | $28K |
| Coinbase USDC | Bybit USDT | +38.98% | 0.1068% | +37.90% | 1h / 8h | $28K |
| Coinbase USDC | Gate USDT | +38.98% | 0.1068% | +34.78% | 1h / 8h | $28K |
| Coinbase USDC | Hyperliquid USDC | +38.98% | 0.1068% | +38.98% | 1h matched | $28K |
| Coinbase USDC | KuCoin USDT | +38.98% | 0.1068% | +34.73% | 1h / 8h | $28K |
| Coinbase USDC | LBank USDT | +38.98% | 0.1068% | +31.79% | 1h / 8h | $28K |
| Coinbase USDC | MEXC USDT | +38.98% | 0.1068% | +31.79% | 1h / 8h | $28K |
NEO project profile
- Total
- 100.00M
- Max supply
- unlimited
- Type
- Coin
- Launched
- 2016-10-17
- Market cap rank
- #206
About
NEO is a next generation smart economy platform (formerly Antshares) and China's first open source blockchain that was founded in 2014, is often known as the “Ethereum of China”. What is NEO? NEO uses a smart economy approach to implement its distributed network concept. Its main objective is to digitize assets using the decentralized network of blockchain technology and digital identity. Neo’s main aim is to be the distributed network for “smart economy”. As their website states: "Digital Assets + Digital Identity + Smart Contract = Smart Economy." Neo was developed by Shanghai-based blockchain R&D company “OnChain” and funded by two crowdsales: first crowdsale on October 2015 sold 17.5 million NEO tokens for $550,000 and the second crowdsale sold the remaining 22.5 million NEO tokens for $4.5 million. So why NEO? Asset digitization and identity on the NEO platform essentially creates a novel way for asset registration, issuance, and circulation. This means that tangible assets like real estate, company shares or even fiat money can be digitized and traded on the NEO network, thus giving rise to a whole new economy. Its digital identity system allows for integration between the pl
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