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

NEIRO

all NEIRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: Hyperliquid against Injective+9.300%73s7-day average · you sell dearer than you buy
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 4 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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 9.300% dearer against Injective than usual: you sell high and buy low: +$930 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEIRO/USDC PERP0.000089620.0033pay 0.0004% / 1h3m 52s$2K$15K5.5x
ShortHyperliquid kNEIRO0.000097960.0100get 0.0013% / 1h3m 52s$187K$408K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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
$14
Price spread: +9.300% → 0.000%
$929.99
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$934.97
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 56 min ago. 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 Injective no order-book sample
Sell Hyperliquid live order book, 56 min ago5.62 bp25.7 bp −$26doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEIRO/USDC PERPlong+0.0033%1h0.00008962long leg$2K$15K5.5x
Hyperliquid kNEIROshort+0.0100%1h0.00009796+9.300%$187K$408K3x
Aster NEIROUSDT+0.0100%4h0.00009793+9.266%$63K$73K5xas long as short
Binance NEIROUSDT+0.0100%4h0.00009793+9.266%$5.5M$19.1M50xas long as short
OKX NEIRO-USDT-SWAP+0.0100%4h0.00009797+9.311%$783K$4.3M20xas long as short
Extended kNEIRO-USD+0.0104%1h0.00009793+9.269%$20K$21K5xas long as short
Kraken Futures PF_NEIROUSD+0.6366%1h0.00009822+9.595%$19K$80K10xas long as short