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

NEIRO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.011%
Price spread now: Injective against Aster−6.309%107s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.309% cheaper against Aster than usual: you would sell low and buy high (−$631 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEIROUSDT0.000095660.0100pay 0.0050% / 4h53m 24s$64K$43K5x
ShortInjective NEIRO/USDC PERP0.000089620.0033get 0.0004% / 1h53m 24s$2K$15K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
−$14
Price spread: −6.309% → 0.000%
−$630.88
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$652.9
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Injective no order-book sample
Aster and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEIRO on 7 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
Injective NEIRO/USDC PERPshort+0.0033%1h0.00008962−6.309%$2K$15K5.5x
Hyperliquid kNEIRO+0.0100%1h0.00009575+0.094%$183K$380K3xas long as short
Aster NEIROUSDTlong+0.0100%4h0.00009566long leg$64K$43K5x
Binance NEIROUSDT+0.0100%4h0.000095660.000%$5.3M$16.2M50xas long as short
OKX NEIRO-USDT-SWAP+0.0100%4h0.00009570+0.042%$773K$3.9M20xas long as short
Extended kNEIRO-USD+0.0104%1h0.00009562−0.037%$20K$21K5xas long as short
Kraken Futures PF_NEIROUSD+0.2960%1h0.00009613+0.492%$7K$62K10xas long as short