Funding you earn now, next payment 03:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h −0.002%
Price spread now: Hyperliquid against BingX−0.204%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1621.621% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.388%+$39 · spread now −0.204%, 7d avg −0.089%
=Together, before fees+0.492%+ Points / potential airdropHyperliquid: Season 2 · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.115% cheaper against BingX than usual: you would sell low and buy high (spread −0.204% now, against its 7-day average of −0.089%). If the spread goes back, that is −$11 on $10k: about 13 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 | 0.2476 | 0.0070 | pay 0.0035% / 4h | 1h 20m | — | $6.5M | — |
| Short | Hyperliquid NXPC | 0.2471 | 0.0100 | get 0.0013% / 1h | 20m 50s | $387K | $381K | 3x |
BingX NXPC-USDT
Hyperliquid NXPCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: −0.204% → −0.089%
- −$11.49
- Slippage, 4 orders
- −$143.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$167.27
- Costs to cover
- 1.621%
- Break-even
- 192.9 days
Slippage from BingX: live order book, 6 min ago; Hyperliquid: live order book, 9 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, 6 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 Hyperliquid live order book, 9 min ago | 3.02 bp | 38.5 bp −$39 | 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 | 0.2476 | long leg | — | $6.5M | — | |
| Hyperliquid NXPCshort | +0.0100% | 1h | 0.2471 | −0.204% | $387K | $381K | 3x | |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2475 | −0.040% | $4.7M | $7.4M | 50x | as long as short |
| Bybit NXPCUSDT | +0.0100% | 4h | 0.2473 | −0.121% | $1.2M | $2.5M | 25x | as long as short |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2477 | +0.040% | $96K | $238K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2475 | −0.040% | $523K | $222K | 100x | as long as short |
| KuCoin NXPCUSDTM | +0.0100% | 4h | 0.2476 | 0.000% | $568K | $158K | 50x | as long as short |
| Bitget NXPCUSDT | +0.0100% | 4h | 0.2476 | 0.000% | $462K | $861K | 50x | as long as short |
| Variational Omni NXPC | +0.0100% | 4h | 0.2472 | −0.180% | $29K | $2K | — | as long as short |
| ApeX Omni NXPCUSDT | +0.0100% | 1h | 0.2475 | −0.040% | $18K | $634K | 50x | as long as short |
Binance NXPCUSDT
Bybit NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
KuCoin NXPCUSDTM
Bitget NXPCUSDT
Variational Omni NXPC
ApeX Omni NXPCUSDT