Funding arb · Price arb /

NXPC

all NXPC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.009%

Price spread now: Gate against BingX+0.081%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$489as in the Funding arb table

Net, price: spread back to 7d avg − costs−$488as in the Price arb table

costs, in and out, $10k−$4974.965% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.081%, 7d avg −0.002%

Together, before fees+0.034%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.084% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread 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	BingX NXPC-USDT	0.2466	0.0070	pay 0.0035% / 4h	1h 18m	—	$6.5M	—
Short	Gate NXPC_USDT	0.2468	0.0100	get 0.0100% / 8h	5h 18m	$96K	$238K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now +0.081%Rate

Funding earned: $6.3
Price spread: +0.081% → −0.002%: $8.36
Slippage, 4 orders: −$471.52
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$481.87
Costs to cover: 4.965%
Break-even: 542.4 days

Slippage from BingX: live order book, 8 min ago; Gate: live order book, 24 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, 8 min ago	16.16 bp	48.2 bp −$48	148.3 bp −$1,483	556.0 bp −$55.6K	774.1 bp −$387.1K
Sell Gate live order book, 24 min ago	6.07 bp	17.6 bp −$18	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-USDTlong	+0.0070%	4h	0.2466	long leg	—	$6.5M	—
Hyperliquid NXPC	+0.0100%	1h	0.2464	−0.089%	$386K	$381K	3x	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2468	+0.097%	$4.7M	$7.5M	50x	as long as short
Bybit NXPCUSDT	+0.0100%	4h	0.2465	−0.041%	$1.2M	$2.5M	25x	as long as short
Gate NXPC_USDTshort	+0.0100%	8h	0.2468	+0.081%	$96K	$238K	50x
MEXC NXPC_USDT	+0.0100%	4h	0.2466	0.000%	$521K	$222K	100x	as long as short
KuCoin NXPCUSDTM	+0.0100%	4h	0.2465	−0.041%	$565K	$158K	50x	as long as short
Bitget NXPCUSDT	+0.0100%	4h	0.2468	+0.081%	$460K	$861K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2472	+0.225%	$29K	$2K	—	as long as short
ApeX Omni NXPCUSDT	+0.0100%	1h	0.2476	+0.406%	$18K	$634K	50x	as long as short