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

NEIRO

all NEIRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against OKX−6.689%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.689% cheaper against OKX than usual: you would sell low and buy high (−$669 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEIRO-USDT-SWAP0.000096050.0100pay 0.0050% / 4h1h 38m$787K$3.9M20x
ShortInjective NEIRO/USDC PERP0.000089620.0033get 0.0004% / 1h38m 43s$2K$15K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −6.689% → 0.000%
−$668.92
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$692.94
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago3.64 bp17.9 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEIRO/USDC PERPshort+0.0033%1h0.00008962−6.689%$2K$15K5.5x
Hyperliquid kNEIRO+0.0100%1h0.00009599−0.062%$186K$368K3xas long as short
Aster NEIROUSDT+0.0100%4h0.00009582−0.239%$64K$42K5xas long as short
Binance NEIROUSDT+0.0100%4h0.00009596−0.094%$5.4M$15.7M50xas long as short
OKX NEIRO-USDT-SWAPlong+0.0100%4h0.00009605long leg$787K$3.9M20x
Extended kNEIRO-USD+0.0104%1h0.00009572−0.339%$20K$21K5xas long as short
Kraken Futures PF_NEIROUSD+0.1620%1h0.00009597−0.082%$7K$62K10xas long as short