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

NEIRO

all NEIRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX−0.031%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$580.584% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days−0.026%−$3 · spread now −0.031%, 7d avg −0.133%
Together, before fees−0.073%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.102% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEIRO-USDT-SWAP0.000097940.0100pay 0.0050% / 4h3h 59m$805K$4.1M20x
ShortBinance NEIROUSDT0.000097910.0100get 0.0050% / 4h3h 59m$5.4M$16.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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
$0
Price spread: −0.031% → −0.133%
$10.23
Slippage, 4 orders
−$38.39
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$48.16
Costs to cover
0.584%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago2.55 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago0.51 bp5.5 bp −$637.4 bp −$374doesn't fitdoesn't fit

NEIRO on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEIRO/USDC PERP+0.0033%1h0.00008962−8.490%$2K$15K5.5xas long as short
Hyperliquid kNEIRO+0.0100%1h0.00009800+0.061%$186K$384K3xas long as short
Aster NEIROUSDT+0.0100%4h0.00009802+0.082%$65K$44K5xas long as short
Binance NEIROUSDTshort+0.0100%4h0.00009791−0.031%$5.4M$16.6M50x
OKX NEIRO-USDT-SWAPlong+0.0100%4h0.00009794long leg$805K$4.1M20x
Extended kNEIRO-USD+0.0104%1h0.00009786−0.079%$20K$21K5xas long as short
Kraken Futures PF_NEIROUSD+0.2743%1h0.00009863+0.701%$7K$62K10xas long as short