Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BingX+0.203%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1741.737% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.203%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.165% dearer against BingX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NXPC-USDT | 0.2467 | 0.0070 | pay 0.0035% / 4h | 3h 33m | — | $6.5M | — |
| Short | Bitget NXPCUSDT | 0.2472 | 0.0100 | get 0.0050% / 4h | 3h 33m | $424K | $937K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- $6.3
- Price spread: +0.203% → +0.037%
- $16.53
- Slippage, 4 orders
- −$151.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$150.87
- Costs to cover
- 1.737%
- Break-even
- 174.6 days
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 12 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 BingX live order book, 3 min ago | 16.22 bp | 50.1 bp −$50 | 139.2 bp −$1,392 | 525.9 bp −$52.6K | 729.5 bp −$364.7K |
| Sell Bitget live order book, 12 min ago | 8.06 bp | 42.9 bp −$43 | 174.0 bp −$1,740 | 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 | −0.0252% | 1h | 0.2464 | −0.118% | $386K | $391K | 3x | as long as short |
| ApeX Omni NXPCUSDT | −0.0232% | 1h | 0.2471 | +0.162% | $18K | $632K | 50x | as long as short |
| BingX NXPC-USDTlong | +0.0070% | 4h | 0.2467 | long leg | — | $6.5M | — | |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2468 | +0.041% | $4.7M | $7.8M | 50x | as long as short |
| Bybit NXPCUSDT | +0.0100% | 4h | 0.2467 | 0.000% | $1.3M | $2.6M | 25x | as long as short |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2466 | −0.041% | $84K | $264K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2468 | +0.041% | $507K | $246K | 100x | as long as short |
| KuCoin NXPCUSDTM | +0.0100% | 4h | 0.2463 | −0.162% | $557K | $165K | 50x | as long as short |
| Bitget NXPCUSDTshort | +0.0100% | 4h | 0.2472 | +0.203% | $424K | $937K | 50x | |
| Variational Omni NXPC | +0.0100% | 4h | 0.2465 | −0.078% | $29K | $2K | — | as long as short |
BingX NXPC-USDT
Bitget NXPCUSDT
Hyperliquid NXPC
ApeX Omni NXPCUSDT
Binance NXPCUSDT
Bybit NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
KuCoin NXPCUSDTM
Variational Omni NXPC