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

NEIRO

all NEIRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.113%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$830.835% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.250%+$25 · spread now −0.113%, 7d avg +0.078%
Together, before fees+0.266%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 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 0.191% cheaper against Hyperliquid than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kNEIRO0.000097250.0100pay 0.0013% / 1h17m 58s$192K$362K3x
ShortOKX NEIRO-USDT-SWAP0.000097140.0100get 0.0050% / 4h3h 17m$821K$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.113% → +0.078%
−$19.1
Slippage, 4 orders
−$64.47
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$102.57
Costs to cover
0.835%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 32 min ago; OKX: live order book, 4 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 Hyperliquid live order book, 32 min ago1.04 bp27.3 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago1.54 bp21.2 bp −$21doesn'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
Aster NEIROUSDT−0.0061%4h0.00009707−0.185%$64K$41K5xas long as short
Injective NEIRO/USDC PERP+0.0033%1h0.00008962−7.841%$2K$15K5.5xas long as short
Hyperliquid kNEIROlong+0.0100%1h0.00009725long leg$192K$362K3x
Binance NEIROUSDT+0.0100%4h0.00009717−0.082%$5.5M$15.1M50xas long as short
OKX NEIRO-USDT-SWAPshort+0.0100%4h0.00009714−0.113%$821K$3.8M20x
Extended kNEIRO-USD+0.0104%1h0.00009716−0.097%$20K$21K5xas long as short
Kraken Futures PF_NEIROUSD+0.2674%1h0.00009728+0.028%$8K$59K10xas long as short