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

NEIRO

all NEIRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.6019%/8h= −659.1% APRnext payment $7.52 per $10,000 · paid last 24h −0.742%
Price spread now: Extended against Kraken Futures−0.393%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$181 a day on $10k at the current rate, and Extended is 0.393% cheaper against Kraken Futures than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NEIROUSD0.000095520.6123pay 0.0765% / 1h29m 27s$20K$72K10x
ShortExtended kNEIRO-USD0.000095140.0104get 0.0013% / 1h29m 27s$20K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1,263.98
Price spread: −0.393% → 0.000%
−$39.3
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$1,318.27
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Extended no order-book sample
Kraken Futures and Extended: 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 exchanges

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−0.0023%4h0.00009517−0.362%$60K$76K5xas long as short
Injective NEIRO/USDC PERP+0.0033%1h0.00008962−6.167%$2K$15K5.5xas long as short
Hyperliquid kNEIRO+0.0100%1h0.00009526−0.268%$197K$432K3xas long as short
Binance NEIROUSDT+0.0100%4h0.00009520−0.331%$5.3M$19.8M50xas long as short
OKX NEIRO-USDT-SWAP+0.0100%4h0.00009516−0.373%$718K$4.2M20xas long as short
Extended kNEIRO-USDshort+0.0104%1h0.00009514−0.393%$20K$21K5x
Kraken Futures PF_NEIROUSDlong+0.6123%1h0.00009552long leg$20K$72K10x