NEIRO Funding Rate — live across 2 venues

Compared across 2 supported venues · net of estimated fees · updated every few minutes

Live annualized NEIRO perpetual funding across all 2 venues Perpia tracks. Right now NEIRO funding is positive on 2 and negative on 0, ranging from +10.9% on Binance to +0.1% on OKX — a spread of 10.8%. The widest delta-neutral trade is long OKX / short Binance at 8.4% net APR.

venues

paying positive

10.8%

funding spread

Best NEIRO spread now

8.4%

net APR after fees

Long OKX→Short Binance

size depends on live venue depth — see the real cap in the scanner

NEIRO funding trend & liquidity

168h of history

10.8%

current gross APR

17.8%

24h average

14.8%

7-day average

$677K

pair OI · lower leg

$1.9M

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

NEIRO funding rate history

30d · 6h buckets · 3 venues

15.8%0-55.1%

2 Aug1 Sep

NEIRO — average across 3 venuesAsterBinanceOKX

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +1.5%. A break in a line means no data was recorded for that stretch, not a zero rate.

NEIRO funding rate by venue

1 pairs scanned

Venue	Funding APR	Interval
Binance ↗	+10.9%	4h
OKX ↗	+0.1%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the OKX vs Binance page.

NEIRO arbitrage — 30-day backtest

long OKX · short Binance

2.6%

backtested APR

+$22

historical net P&L on $10,000

0.12%

max drawdown

$10,000$10,022

30 days agostarting capital $10,000today

Over the last 30 days, holding long OKX / short Binance would have produced 2.6% APR — versus the 8.4% the live spread implies right now (equity $10,000 → $10,022). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading NEIRO backtest…

NEIRO funding — FAQ

Is NEIRO funding positive right now?

NEIRO perpetual funding is positive on 2 of 2 venues Perpia tracks. The highest is +10.9% on Binance; the lowest is +0.1% on OKX.

What is the best NEIRO funding arbitrage right now?

Go long OKX and short Binance for about 8.4% net APR after fees — the widest delta-neutral NEIRO spread Perpia currently sees.

Which exchange has the highest NEIRO funding rate?

Binance, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How NEIRO funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to NEIRO

Markets also quoted on both Binance and OKX — the same two exchanges you would already have funded for the NEIRO trade.

See every spread between them on the Binance vs OKX page.

Open the live scanner →All funding rates Funding by exchange How we calculate this