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

NEIRO

all NEIRO markets
SwapBacktest
Alert: funding
Alert: spread
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: OKX against Binance+0.073%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$790.793% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 7 days+0.065%+$7 · spread now +0.073%, 7d avg +0.135%
Together, before fees+0.113%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.062% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.135%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEIROUSDT0.000095880.0100pay 0.0050% / 4h2h 27m$5.4M$14.5M50x
ShortOKX NEIRO-USDT-SWAP0.000095950.0100get 0.0050% / 4h2h 27m$822K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
$0
Price spread: +0.073% → +0.135%
−$6.23
Slippage, 4 orders
−$59.34
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$85.57
Costs to cover
0.793%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago0.52 bp17.0 bp −$1755.8 bp −$558doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago4.18 bp25.2 bp −$25doesn't fitdoesn't fitdoesn't fit

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
Kraken Futures PF_NEIROUSD−0.9080%1h0.00009569−0.196%$7K$59K10xas long as short
Aster NEIROUSDT−0.0036%4h0.00009584−0.042%$61K$36K5xas long as short
Injective NEIRO/USDC PERP+0.0033%1h0.00008962−6.524%$2K$15K5.5xas long as short
Hyperliquid kNEIRO+0.0100%1h0.00009590+0.021%$152K$293K3xas long as short
Binance NEIROUSDTlong+0.0100%4h0.00009588long leg$5.4M$14.5M50x
OKX NEIRO-USDT-SWAPshort+0.0100%4h0.00009595+0.073%$822K$3.7M20x
Extended kNEIRO-USD+0.0104%1h0.00009588−0.001%$20K$21K5xas long as short