Funding you earn now, next payment 09:00 UTC+2.0988%/8h= +2298.2% APRpaid last 24h +0.517%
Price spread now: Kraken Futures against Binance+0.096%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.550%+$55 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$630 a day on $10k at the current rate, and Kraken Futures is 0.096% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.550% in total (about 28.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEIROUSDT | 0.00009844 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $5.5M | $19.6M | 50x |
| Short | Kraken Futures PF_NEIROUSD | 0.00009853 | 2.1088 | get 0.2636% / 1h | 3m 35s | $18K | $75K | 10x |
Binance NEIROUSDT
Kraken Futures PF_NEIROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $4,407.58
- Price spread: +0.096% → 0.000%
- $9.55
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $4,397.13
- Costs to cover
- 0.200%
- Break-even
- 0.0 days
Slippage unknown: Binance: live order book, 7 min ago; Kraken Futures: 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, 7 min ago | 0.51 bp | 12.7 bp −$13 | 62.1 bp −$621 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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 PERP | +0.0033% | 1h | 0.00008962 | −8.955% | $2K | $15K | 5.5x | as long as short |
| Aster NEIROUSDT | +0.0093% | 4h | 0.00009834 | −0.102% | $62K | $75K | 5x | as long as short |
| Hyperliquid kNEIRO | +0.0100% | 1h | 0.00009849 | +0.051% | $196K | $421K | 3x | as long as short |
| Binance NEIROUSDTlong | +0.0100% | 4h | 0.00009844 | long leg | $5.5M | $19.6M | 50x | |
| OKX NEIRO-USDT-SWAP | +0.0100% | 4h | 0.00009839 | −0.051% | $759K | $4.4M | 20x | as long as short |
| Extended kNEIRO-USD | +0.0104% | 1h | 0.00009841 | −0.027% | $21K | $21K | 5x | as long as short |
| Kraken Futures PF_NEIROUSDshort | +2.1088% | 1h | 0.00009853 | +0.096% | $18K | $75K | 10x |
Injective NEIRO/USDC PERP
Aster NEIROUSDT
Hyperliquid kNEIRO
OKX NEIRO-USDT-SWAP
Extended kNEIRO-USD