Funding you earn now, next payment 06:00 UTC+0.4232%/8h= +463.5% APRpaid last 24h +0.385%
Price spread now: Kraken Futures against OKX+0.603%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.343%+$34 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$127 a day on $10k at the current rate, and Kraken Futures is 0.603% dearer against OKX than usual: you sell high and buy low: +$60 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.343% in total (about 17.9% 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 | OKX NEIRO-USDT-SWAP | 0.00009695 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $802K | $4.2M | 20x |
| Short | Kraken Futures PF_NEIROUSD | 0.00009753 | 0.4332 | get 0.0542% / 1h | 51m 35s | $17K | $73K | 10x |
OKX NEIRO-USDT-SWAP
Kraken Futures PF_NEIROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $888.82
- Price spread: +0.603% → 0.000%
- $60.33
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $929.15
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 1 min ago; Kraken Futures: 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 OKX live order book, 1 min ago | 3.09 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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 | −7.555% | $2K | $15K | 5.5x | as long as short |
| Hyperliquid kNEIRO | +0.0100% | 1h | 0.00009706 | +0.113% | $186K | $400K | 3x | as long as short |
| Aster NEIROUSDT | +0.0100% | 4h | 0.00009682 | −0.134% | $64K | $53K | 5x | as long as short |
| Binance NEIROUSDT | +0.0100% | 4h | 0.00009688 | −0.072% | $5.4M | $17.9M | 50x | as long as short |
| OKX NEIRO-USDT-SWAPlong | +0.0100% | 4h | 0.00009695 | long leg | $802K | $4.2M | 20x | |
| Extended kNEIRO-USD | +0.0104% | 1h | 0.00009687 | −0.078% | $20K | $21K | 5x | as long as short |
| Kraken Futures PF_NEIROUSDshort | +0.4332% | 1h | 0.00009753 | +0.603% | $17K | $73K | 10x |
Injective NEIRO/USDC PERP
Hyperliquid kNEIRO
Aster NEIROUSDT
Binance NEIROUSDT
Extended kNEIRO-USD