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: MEXC against BingX−0.081%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.081%, 7d avg −0.007%
=Funding pays, the price is against you. MEXC is 0.074% cheaper against BingX than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.007%). If the spread goes back, that is −$7 on $10k: about 8.3 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.134% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NXPC-USDT | 0.2468 | 0.0070 | pay 0.0035% / 4h | 26m 47s | — | $6.5M | — |
| Short | MEXC NXPC_USDT | 0.2466 | 0.0100 | get 0.0050% / 4h | 26m 47s | $517K | $232K | 100x |
BingX NXPC-USDT
MEXC NXPC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.081% → −0.007%
- −$7.43
- Slippage, 4 orders
- −$124.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$140.09
- Costs to cover
- 1.390%
- Break-even
- 162.7 days
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 14 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, 9 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 MEXC live order book, 14 min ago | 2.03 bp | 18.1 bp −$18 | 127.2 bp −$1,272 | 361.8 bp −$36.2K | 654.8 bp −$327.4K |
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 | 0.2468 | long leg | — | $6.5M | — | |
| Hyperliquid NXPC | +0.0100% | 1h | 0.2463 | −0.186% | $387K | $383K | 3x | as long as short |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2466 | −0.088% | $4.7M | $7.6M | 50x | as long as short |
| Bybit NXPCUSDT | +0.0100% | 4h | 0.2467 | −0.041% | $1.2M | $2.5M | 25x | as long as short |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2469 | +0.041% | $95K | $253K | 50x | as long as short |
| MEXC NXPC_USDTshort | +0.0100% | 4h | 0.2466 | −0.081% | $517K | $232K | 100x | |
| KuCoin NXPCUSDTM | +0.0100% | 4h | 0.2466 | −0.081% | $560K | $161K | 50x | as long as short |
| Bitget NXPCUSDT | +0.0100% | 4h | 0.2467 | −0.041% | $430K | $934K | 50x | as long as short |
| Variational Omni NXPC | +0.0100% | 4h | 0.2467 | −0.038% | $29K | $2K | — | as long as short |
| ApeX Omni NXPCUSDT | +0.0100% | 1h | 0.2472 | +0.162% | $18K | $632K | 50x | as long as short |
Hyperliquid NXPC
Binance NXPCUSDT
Bybit NXPCUSDT
Gate NXPC_USDT
KuCoin NXPCUSDTM
Bitget NXPCUSDT
Variational Omni NXPC
ApeX Omni NXPCUSDT