Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance−8.825%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 8.825% cheaper against Binance than usual: you would sell low and buy high (−$883 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEIROUSDT | 0.00009830 | 0.0100 | pay 0.0050% / 4h | 0m 43s | $5.4M | $16.5M | 50x |
| Short | Injective NEIRO/USDC PERP | 0.00008962 | 0.0033 | get 0.0004% / 1h | 0m 43s | $2K | $15K | 5.5x |
Binance NEIROUSDT
Injective NEIRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$14
- Price spread: −8.825% → 0.000%
- −$882.5
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$906.52
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 0.51 bp | 16.6 bp −$17 | 51.7 bp −$517 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective NEIRO/USDC PERPshort | +0.0033% | 1h | 0.00008962 | −8.825% | $2K | $15K | 5.5x | |
| Hyperliquid kNEIRO | +0.0100% | 1h | 0.00009818 | −0.122% | $187K | $384K | 3x | as long as short |
| Aster NEIROUSDT | +0.0100% | 4h | 0.00009811 | −0.193% | $65K | $44K | 5x | as long as short |
| Binance NEIROUSDTlong | +0.0100% | 4h | 0.00009830 | long leg | $5.4M | $16.5M | 50x | |
| OKX NEIRO-USDT-SWAP | +0.0100% | 4h | 0.00009827 | −0.031% | $803K | $4.1M | 20x | as long as short |
| Extended kNEIRO-USD | +0.0104% | 1h | 0.00009811 | −0.192% | $20K | $21K | 5x | as long as short |
| Kraken Futures PF_NEIROUSD | +0.2903% | 1h | 0.00009800 | −0.309% | $7K | $62K | 10x | as long as short |
Hyperliquid kNEIRO
Aster NEIROUSDT
OKX NEIRO-USDT-SWAP
Extended kNEIRO-USD
Kraken Futures PF_NEIROUSD