Funding you earn now, next payment 06:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h +0.002%
Price spread now: Bybit against ApeX Omni−0.328%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1361.362% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.328%, 7d avg −0.048%
=Funding pays, the price is against you. Bybit is 0.280% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.328% now, against its 7-day average of −0.048%). If the spread goes back, that is −$28 on $10k: about 11 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NXPCUSDT | 0.2439 | 0.0018 | pay 0.0002% / 1h | 38m 57s | $17K | $635K | 50x |
| Short | Bybit NXPCUSDT | 0.2431 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.2M | $2.6M | 25x |
ApeX Omni NXPCUSDT
Bybit NXPCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against ApeX Omni. 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
- $17.24
- Price spread: −0.328% → −0.048%
- −$28
- Slippage, 4 orders
- −$115.17
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$146.94
- Costs to cover
- 1.362%
- Break-even
- 66.7 days
Slippage from ApeX Omni: live order book, 9 min ago; Bybit: live order book, 3 min ago.
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 ApeX Omni live order book, 9 min ago | 6.11 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.17 bp | 39.0 bp −$39 | 178.9 bp −$1,789 | doesn't fit | doesn't fit |
NXPC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NXPC | −0.0097% | 1h | 0.2427 | −0.476% | $381K | $395K | 3x | as long as short |
| ApeX Omni NXPCUSDTlong | +0.0018% | 1h | 0.2439 | long leg | $17K | $635K | 50x | |
| BingX NXPC-USDT | +0.0070% | 4h | 0.2430 | −0.369% | — | $6.6M | — | as long as short |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2430 | −0.359% | $4.6M | $8.0M | 50x | as long as short |
| Bybit NXPCUSDTshort | +0.0100% | 4h | 0.2431 | −0.328% | $1.2M | $2.6M | 25x | |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2426 | −0.533% | $73K | $273K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2430 | −0.369% | $491K | $249K | 100x | as long as short |
| KuCoin NXPCUSDTM | +0.0100% | 4h | 0.2426 | −0.533% | $556K | $173K | 50x | as long as short |
| Bitget NXPCUSDT | +0.0100% | 4h | 0.2431 | −0.328% | $418K | $928K | 50x | as long as short |
| Variational Omni NXPC | +0.0100% | 4h | 0.2438 | −0.056% | $29K | $2K | — | as long as short |
Hyperliquid NXPC
BingX NXPC-USDT
Binance NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
KuCoin NXPCUSDTM
Bitget NXPCUSDT
Variational Omni NXPC