Funding you earn now, next payment 05:00 UTC−0.2637%/8h= −288.8% APRpaid last 24h −0.370%
Price spread now: Aster against Kraken Futures−0.710%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.596%−$60 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$79 a day on $10k at the current rate, and Aster is 0.710% cheaper against Kraken Futures than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.596% in total (about -31.1% a year). A funding rate is set anew for every payment. 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 | Kraken Futures PF_NEIROUSD | 0.00009884 | 0.2737 | pay 0.0342% / 1h | 58m 04s | $7K | $62K | 10x |
| Short | Aster NEIROUSDT | 0.00009814 | 0.0100 | get 0.0050% / 4h | 3h 58m | $65K | $44K | 5x |
Kraken Futures PF_NEIROUSD
Aster NEIROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$553.87
- Price spread: −0.710% → 0.000%
- −$71.04
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$642.91
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Kraken Futures and Aster: 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 | −9.325% | $2K | $15K | 5.5x | as long as short |
| Hyperliquid kNEIRO | +0.0100% | 1h | 0.00009844 | −0.407% | $187K | $384K | 3x | as long as short |
| Aster NEIROUSDTshort | +0.0100% | 4h | 0.00009814 | −0.710% | $65K | $44K | 5x | |
| Binance NEIROUSDT | +0.0100% | 4h | 0.00009840 | −0.447% | $5.4M | $16.6M | 50x | as long as short |
| OKX NEIRO-USDT-SWAP | +0.0100% | 4h | 0.00009850 | −0.346% | $810K | $4.1M | 20x | as long as short |
| Extended kNEIRO-USD | +0.0104% | 1h | 0.00009807 | −0.779% | $20K | $21K | 5x | as long as short |
| Kraken Futures PF_NEIROUSDlong | +0.2737% | 1h | 0.00009884 | long leg | $7K | $62K | 10x |
Injective NEIRO/USDC PERP
Hyperliquid kNEIRO
Binance NEIROUSDT
OKX NEIRO-USDT-SWAP
Extended kNEIRO-USD