Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against Hyperliquid−8.143%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—+ Points / potential airdropHyperliquid: Season 2 · 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 8.143% cheaper against Hyperliquid than usual: you would sell low and buy high (−$814 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 | Hyperliquid kNEIRO | 0.00009757 | 0.0100 | pay 0.0013% / 1h | 14m 51s | $193K | $418K | 3x |
| Short | Injective NEIRO/USDC PERP | 0.00008962 | 0.0033 | get 0.0004% / 1h | 14m 51s | $2K | $15K | 5.5x |
Hyperliquid kNEIRO
Injective NEIRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Hyperliquid. 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: −8.143% → 0.000%
- −$814.29
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$837.31
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 35 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 Hyperliquid live order book, 35 min ago | 5.64 bp | 34.8 bp −$35 | doesn't fit | 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 | −8.143% | $2K | $15K | 5.5x | |
| Kraken Futures PF_NEIROUSD | +0.0050% | 1h | 0.00009725 | −0.330% | $19K | $81K | 10x | as long as short |
| Hyperliquid kNEIROlong | +0.0100% | 1h | 0.00009757 | long leg | $193K | $418K | 3x | |
| Aster NEIROUSDT | +0.0100% | 4h | 0.00009749 | −0.082% | $61K | $75K | 5x | as long as short |
| Binance NEIROUSDT | +0.0100% | 4h | 0.00009749 | −0.082% | $5.5M | $19.5M | 50x | as long as short |
| OKX NEIRO-USDT-SWAP | +0.0100% | 4h | 0.00009752 | −0.051% | $776K | $4.4M | 20x | as long as short |
| Extended kNEIRO-USD | +0.0104% | 1h | 0.00009738 | −0.191% | $20K | $21K | 5x | as long as short |
Kraken Futures PF_NEIROUSD
Aster NEIROUSDT
Binance NEIROUSDT
OKX NEIRO-USDT-SWAP
Extended kNEIRO-USD