Funding arb · Price arb /

NXPC

all NXPC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: Gate against ApeX Omni−0.322%111s7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$613as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$6066.064% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.322%, 7d avg −0.025%

Together, before fees+0.058%+$6 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: Gate is 0.297% cheaper against ApeX Omni than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.025%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NXPCUSDT	0.2486	0.0100	pay 0.0013% / 1h	39m 34s	$18K	$641K	50x
Short	Gate NXPC_USDT	0.2478	0.0100	get 0.0100% / 8h	7h 39m	$75K	$295K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee GatebpOrdersPrice spread, now −0.322%Rate

Funding earned: $0
Price spread: −0.322% → −0.025%: −$29.7
Slippage, 4 orders: −$581.36
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$636.06
Costs to cover: 6.064%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 58 min ago; Gate: live order book, 37 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, 58 min ago	12.13 bp	29.4 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 37 min ago	8.06 bp	87.4 bp −$87	doesn't fit	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
BingX NXPC-USDT	+0.0070%	4h	0.2482	−0.161%	—	$6.6M	—	as long as short
Hyperliquid NXPC	+0.0100%	1h	0.2479	−0.282%	$394K	$406K	3x	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2482	−0.161%	$4.6M	$8.4M	50x	as long as short
Bybit NXPCUSDT	+0.0100%	4h	0.2483	−0.121%	$1.2M	$2.7M	25x	as long as short
Gate NXPC_USDTshort	+0.0100%	8h	0.2478	−0.322%	$75K	$295K	50x
MEXC NXPC_USDT	+0.0100%	4h	0.2482	−0.161%	$499K	$260K	100x	as long as short
KuCoin NXPCUSDTM	+0.0100%	4h	0.2485	−0.040%	$561K	$172K	50x	as long as short
Bitget NXPCUSDT	+0.0100%	4h	0.2483	−0.121%	$465K	$953K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2478	−0.318%	$29K	$2K	—	as long as short
ApeX Omni NXPCUSDTlong	+0.0100%	1h	0.2486	long leg	$18K	$641K	50x