Funding you earn now, next payment 05:00 UTC−0.2714%/8h= −297.2% APRnext payment −$3.39 per $10,000 · paid last 24h −0.370%
Price spread now: Injective against Kraken Futures−9.004%63s7-day average — · you buy dearer than you sell
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—needs both histories
Both sides work against this trade now: funding costs −$81 a day on $10k at the current rate, and Injective is 9.004% cheaper against Kraken Futures than usual: you would sell low and buy high (−$900 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Kraken Futures PF_NEIROUSD | 0.00009849 | 0.2747 | pay 0.0343% / 1h | 53m 46s | $7K | $62K | 10x |
| Short | Injective NEIRO/USDC PERP | 0.00008962 | 0.0033 | get 0.0004% / 1h | 53m 46s | $2K | $15K | 5.5x |
Kraken Futures PF_NEIROUSD
Injective NEIRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$569.9
- Price spread: −9.004% → 0.000%
- −$900.41
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,480.33
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Kraken Futures and 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 PERPshort | +0.0033% | 1h | 0.00008962 | −9.004% | $2K | $15K | 5.5x | |
| Hyperliquid kNEIRO | +0.0100% | 1h | 0.00009823 | −0.268% | $194K | $387K | 3x | as long as short |
| Aster NEIROUSDT | +0.0100% | 4h | 0.00009806 | −0.440% | $65K | $43K | 5x | as long as short |
| Binance NEIROUSDT | +0.0100% | 4h | 0.00009819 | −0.308% | $5.4M | $16.7M | 50x | as long as short |
| OKX NEIRO-USDT-SWAP | +0.0100% | 4h | 0.00009851 | +0.017% | $813K | $4.1M | 20x | as long as short |
| Extended kNEIRO-USD | +0.0104% | 1h | 0.00009808 | −0.417% | $20K | $21K | 5x | as long as short |
| Kraken Futures PF_NEIROUSDlong | +0.2747% | 1h | 0.00009849 | long leg | $7K | $62K | 10x |
Hyperliquid kNEIRO
Aster NEIROUSDT
Binance NEIROUSDT
OKX NEIRO-USDT-SWAP
Extended kNEIRO-USD