Funding arb · Price arb /

NXPC

all NXPC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Binance+0.203%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$149as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1491.489% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.203%, 7d avg +0.002%

Together, before fees−0.079%−$8 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: ApeX Omni is 0.201% dearer against Binance than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NXPCUSDT	0.2465	0.0100	pay 0.0050% / 4h	1h 14m	$4.7M	$7.5M	50x
Short	ApeX Omni NXPCUSDT	0.2470	0.0100	get 0.0013% / 1h	14m 59s	$18K	$633K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now +0.203%Rate

Funding earned: $0
Price spread: +0.203% → +0.002%: $20.1
Slippage, 4 orders: −$128.93
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$128.83
Costs to cover: 1.489%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; ApeX Omni: live order book, 48 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 Binance live order book, 9 min ago	4.04 bp	42.9 bp −$43	217.4 bp −$2,174	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 48 min ago	16.06 bp	32.2 bp −$32	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	0.2465	0.000%	—	$6.5M	—	as long as short
Hyperliquid NXPC	+0.0100%	1h	0.2462	−0.130%	$385K	$382K	3x	as long as short
Binance NXPCUSDTlong	+0.0100%	4h	0.2465	long leg	$4.7M	$7.5M	50x
Bybit NXPCUSDT	+0.0100%	4h	0.2462	−0.122%	$1.2M	$2.5M	25x	as long as short
Gate NXPC_USDT	+0.0100%	8h	0.2467	+0.081%	$96K	$238K	50x	as long as short
MEXC NXPC_USDT	+0.0100%	4h	0.2464	−0.041%	$520K	$222K	100x	as long as short
KuCoin NXPCUSDTM	+0.0100%	4h	0.2467	+0.081%	$566K	$159K	50x	as long as short
Bitget NXPCUSDT	+0.0100%	4h	0.2466	+0.041%	$459K	$861K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2464	−0.040%	$29K	$2K	—	as long as short
ApeX Omni NXPCUSDTshort	+0.0100%	1h	0.2470	+0.203%	$18K	$633K	50x