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: KuCoin against BingX−0.324%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$525as in the Funding arb table
Net, price: spread back to 7d avg − costs−$567as in the Price arb table
costs, in and out, $10k−$5375.371% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.324%, 7d avg −0.023%
=Funding pays, the price is against you. KuCoin is 0.301% cheaper against BingX than usual: you would sell low and buy high (spread −0.324% now, against its 7-day average of −0.023%). If the spread goes back, that is −$30 on $10k: about 33 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 | 0.2470 | 0.0070 | pay 0.0035% / 4h | 25m 39s | — | $6.5M | — |
| Short | KuCoin NXPCUSDTM | 0.2462 | 0.0100 | get 0.0050% / 4h | 25m 39s | $559K | $161K | 50x |
BingX NXPC-USDT
KuCoin NXPCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.324% → −0.023%
- −$30.07
- Slippage, 4 orders
- −$515.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$560.85
- Costs to cover
- 5.371%
- Break-even
- 630.2 days
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 58 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, 10 min ago | 16.25 bp | 50.9 bp −$51 | 141.5 bp −$1,415 | 531.6 bp −$53.2K | 726.2 bp −$363.1K |
| Sell KuCoin live order book, 58 min ago | 10.11 bp | 215.0 bp −$215 | 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 | 0.2470 | long leg | — | $6.5M | — | |
| Hyperliquid NXPC | +0.0100% | 1h | 0.2460 | −0.409% | $386K | $383K | 3x | as long as short |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2465 | −0.184% | $4.7M | $7.6M | 50x | as long as short |
| Bybit NXPCUSDT | +0.0100% | 4h | 0.2466 | −0.162% | $1.2M | $2.5M | 25x | as long as short |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2466 | −0.162% | $95K | $253K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2467 | −0.121% | $517K | $232K | 100x | as long as short |
| KuCoin NXPCUSDTMshort | +0.0100% | 4h | 0.2462 | −0.324% | $559K | $161K | 50x | |
| Bitget NXPCUSDT | +0.0100% | 4h | 0.2472 | +0.081% | $430K | $941K | 50x | as long as short |
| Variational Omni NXPC | +0.0100% | 4h | 0.2462 | −0.322% | $29K | $2K | — | as long as short |
| ApeX Omni NXPCUSDT | +0.0100% | 1h | 0.2472 | +0.081% | $18K | $632K | 50x | as long as short |
Hyperliquid NXPC
Binance NXPCUSDT
Bybit NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
Bitget NXPCUSDT
Variational Omni NXPC
ApeX Omni NXPCUSDT