Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against BingX−0.277%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1821.815% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 7 days+0.159%+$16 · spread now −0.277%, 7d avg −0.047%
=Funding pays, the price is against you. Bybit is 0.230% cheaper against BingX than usual: you would sell low and buy high (spread −0.277% now, against its 7-day average of −0.047%). If the spread goes back, that is −$23 on $10k: about 26 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NXPC-USDT | 0.2529 | 0.0070 | pay 0.0035% / 4h | 2h 54m | — | $6.6M | — |
| Short | Bybit NXPCUSDT | 0.2522 | 0.0100 | get 0.0050% / 4h | 2h 54m | $1.4M | $2.1M | 25x |
BingX NXPC-USDT
Bybit NXPCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.277% → −0.047%
- −$23.01
- Slippage, 4 orders
- −$160.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$198.22
- Costs to cover
- 1.815%
- Break-even
- 227.2 days
Slippage from BingX: live order book, 12 min ago; Bybit: live order book, 2 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, 12 min ago | 15.86 bp | 47.3 bp −$47 | 112.7 bp −$1,127 | 505.1 bp −$50.5K | 730.6 bp −$365.3K |
| Sell Bybit live order book, 2 min ago | 5.93 bp | 47.1 bp −$47 | 205.7 bp −$2,057 | 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 | +0.0056% | 1h | 0.2522 | −0.257% | $382K | $348K | 3x | as long as short |
| BingX NXPC-USDTlong | +0.0070% | 4h | 0.2529 | long leg | — | $6.6M | — | |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2528 | −0.051% | $4.9M | $6.6M | 50x | as long as short |
| Bybit NXPCUSDTshort | +0.0100% | 4h | 0.2522 | −0.277% | $1.4M | $2.1M | 25x | |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2526 | −0.119% | $104K | $178K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2527 | −0.079% | $544K | $204K | 100x | as long as short |
| KuCoin NXPCUSDTM | +0.0100% | 4h | 0.2527 | −0.079% | $597K | $151K | 50x | as long as short |
| Bitget NXPCUSDT | +0.0100% | 4h | 0.2528 | −0.040% | $466K | $844K | 50x | as long as short |
| Variational Omni NXPC | +0.0100% | 4h | 0.2520 | −0.371% | $30K | $2K | — | as long as short |
| ApeX Omni NXPCUSDT | +0.0100% | 1h | 0.2528 | −0.040% | $17K | $626K | 50x | as long as short |
Hyperliquid NXPC
Binance NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
KuCoin NXPCUSDTM
Bitget NXPCUSDT
Variational Omni NXPC
ApeX Omni NXPCUSDT