NEIRO

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	InjectiveNEIRO/USDC PERP	0.00006587	+0.1180	pay 0.0147% / 1h	49m 59s	$17K	$33K	5x	Long Injective
SHORT	Variational Omni1NEIRO	0.00006581	+0.0100	get 0.0050% / 4h	1h 49m	$7K	$2K	50x	Short Variational Omni+15% pts

Price gap−0.091%103s

Funding gap−0.1080% /8h

Both sides work against this direction now: funding costs $32 a day on $10k and the gap is 0.091% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$315−0.1080% /8h now · paid +3.148% over the last 7D

Price—spread −0.091%103s now · prices read too far apart to compare

Costsno datano order book for Injective

Result, before costs—+ Points / potential airdropVariational Omni: points · farm boardneeds both prices read together

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.091%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NEIRO on 13 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Injective: its slippage is not counted.
Note: Margin at max leverage$2,000 + $200
Injective 5x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$32.39Long Injective: 24 payments, −$35.39; short Variational Omni: 6 payments, +$3.00.
Watch: Prices read 103 s apart−0.091% vs —
Part of this gap may be the market moving.
Watch: Short leg is thinner$7K vs $17K OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
OK: No KYC on either legInjective No · Variational Omni No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.1499%/8h × 21 periods+$314.76

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Injective—

Fee Injective bp × 2 orders−$0.02

Fee Variational Omni bp × 2 orders$0.00

Net, fees only · 7 days · $10k+$314.74

price spread not counted: prices read too far apart

Costs to cover0.000%Break-even0.0 days

Slippage: Injective: no order-book sample; Variational Omni: RFQ quote, 23 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGInjective—————

SELL · SHORTVariational Omni4.5493.8 bp−$94180.0 bp−$1,800doesn’t fitdoesn’t fit

Closing costs about the same again.
Injective: no data.