Funding you earn now, next payment 03:00 UTC+0.1513%/8h= +165.6% APRnext payment +$1.89 per $10,000 · paid last 24h +0.396%
Price spread now: Kraken Futures against Hyperliquid+0.367%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.261%+$26 on $10k
+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 for this trade now. Funding pays +$45 a day on $10k at the current rate, and Kraken Futures is 0.367% dearer against Hyperliquid than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.89 per $10,000. 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 | Hyperliquid kNEIRO | 0.00009606 | 0.0100 | pay 0.0013% / 1h | 41m 21s | $187K | $368K | 3x |
| Short | Kraken Futures PF_NEIROUSD | 0.00009641 | 0.1613 | get 0.0202% / 1h | 41m 21s | $7K | $62K | 10x |
Hyperliquid kNEIRO
Kraken Futures PF_NEIROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $317.68
- Price spread: +0.367% → 0.000%
- $36.72
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $335.41
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 58 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 Hyperliquid live order book, 58 min ago | 2.59 bp | 28.5 bp −$29 | doesn't fit | 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 | −6.699% | $2K | $15K | 5.5x | as long as short |
| Hyperliquid kNEIROlong | +0.0100% | 1h | 0.00009606 | long leg | $187K | $368K | 3x | |
| Aster NEIROUSDT | +0.0100% | 4h | 0.00009610 | +0.042% | $64K | $42K | 5x | as long as short |
| Binance NEIROUSDT | +0.0100% | 4h | 0.00009600 | −0.062% | $5.4M | $15.7M | 50x | as long as short |
| OKX NEIRO-USDT-SWAP | +0.0100% | 4h | 0.00009608 | +0.021% | $788K | $3.9M | 20x | as long as short |
| Extended kNEIRO-USD | +0.0104% | 1h | 0.00009591 | −0.161% | $20K | $21K | 5x | as long as short |
| Kraken Futures PF_NEIROUSDshort | +0.1613% | 1h | 0.00009641 | +0.367% | $7K | $62K | 10x |
Injective NEIRO/USDC PERP
Aster NEIROUSDT
Binance NEIROUSDT
OKX NEIRO-USDT-SWAP
Extended kNEIRO-USD