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

NEIRO

all NEIRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Hyperliquid−0.028%7-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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.028% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kNEIRO0.000097960.0100pay 0.0013% / 1h3m 49s$187K$408K3x
ShortExtended kNEIRO-USD0.000097930.0104get 0.0013% / 1h3m 49s$20K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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
$0.84
Price spread: −0.028% → 0.000%
−$2.82
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.98
Costs to cover
0.140%
Break-even
140.2 days
Slippage unknown: Hyperliquid: live order book, 56 min ago; Extended: 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 Hyperliquid live order book, 56 min ago5.62 bp29.8 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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 PERP+0.0033%1h0.00008962−8.509%$2K$15K5.5xas long as short
Hyperliquid kNEIROlong+0.0100%1h0.00009796long leg$187K$408K3x
Aster NEIROUSDT+0.0100%4h0.00009792−0.041%$63K$73K5xas long as short
Binance NEIROUSDT+0.0100%4h0.00009784−0.122%$5.5M$19.1M50xas long as short
OKX NEIRO-USDT-SWAP+0.0100%4h0.00009784−0.122%$783K$4.3M20xas long as short
Extended kNEIRO-USDshort+0.0104%1h0.00009793−0.028%$20K$21K5x
Kraken Futures PF_NEIROUSD+0.6366%1h0.00009822+0.270%$19K$80K10xas long as short