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
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 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NEIRO/USDC PERP | 0.00008962 | 0.0033 | pay 0.0004% / 1h | 3m 52s | $2K | $15K | 5.5x |
| Short | Hyperliquid kNEIRO | 0.00009796 | 0.0100 | get 0.0013% / 1h | 3m 52s | $187K | $408K | 3x |
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 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: +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 56 min ago | 5.62 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective NEIRO/USDC PERPlong | +0.0033% | 1h | 0.00008962 | long leg | $2K | $15K | 5.5x | |
| Hyperliquid kNEIROshort | +0.0100% | 1h | 0.00009796 | +9.300% | $187K | $408K | 3x | |
| Aster NEIROUSDT | +0.0100% | 4h | 0.00009793 | +9.266% | $63K | $73K | 5x | as long as short |
| Binance NEIROUSDT | +0.0100% | 4h | 0.00009793 | +9.266% | $5.5M | $19.1M | 50x | as long as short |
| OKX NEIRO-USDT-SWAP | +0.0100% | 4h | 0.00009797 | +9.311% | $783K | $4.3M | 20x | as long as short |
| Extended kNEIRO-USD | +0.0104% | 1h | 0.00009793 | +9.269% | $20K | $21K | 5x | as long as short |
| Kraken Futures PF_NEIROUSD | +0.6366% | 1h | 0.00009822 | +9.595% | $19K | $80K | 10x | as long as short |
Injective NEIRO/USDC PERP
Hyperliquid kNEIRO
Aster NEIROUSDT
Binance NEIROUSDT
OKX NEIRO-USDT-SWAP
Extended kNEIRO-USD
Kraken Futures PF_NEIROUSD