Funding arb · Price arb /

NXPC

all NXPC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget−0.321%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,010as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,039as in the Price arb table

costs, in and out, $10k−$1,01210.124% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.321%, 7d avg −0.058%

Together, before fees+0.232%+$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.263% cheaper against Bitget than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NXPCUSDT	0.2490	0.0100	pay 0.0050% / 4h	2h 48m	$459K	$850K	50x
Short	KuCoin NXPCUSDTM	0.2482	0.0100	get 0.0050% / 4h	2h 48m	$587K	$152K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.321%Rate

Funding earned: $0
Price spread: −0.321% → −0.058%: −$26.34
Slippage, 4 orders: −$988.36
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,038.7
Costs to cover: 10.124%
Break-even: never at this rate

Slippage from Bitget: live order book, 12 min ago; KuCoin: live order book, 64 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 Bitget live order book, 12 min ago	7.92 bp	44.7 bp −$45	250.8 bp −$2,508	doesn't fit	doesn't fit
Sell KuCoin live order book, 64 min ago	50.45 bp	415.4 bp −$415	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
Hyperliquid NXPC	−0.0135%	1h	0.2478	−0.470%	$376K	$354K	3x	as long as short
BingX NXPC-USDT	+0.0070%	4h	0.2480	−0.402%	—	$6.6M	—	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2488	−0.093%	$4.9M	$6.7M	50x	as long as short
Bybit NXPCUSDT	+0.0100%	4h	0.2483	−0.281%	$1.4M	$2.2M	25x	as long as short
Gate NXPC_USDT	+0.0100%	8h	0.2482	−0.321%	$102K	$179K	50x	as long as short
MEXC NXPC_USDT	+0.0100%	4h	0.2483	−0.281%	$556K	$215K	100x	as long as short
KuCoin NXPCUSDTMshort	+0.0100%	4h	0.2482	−0.321%	$587K	$152K	50x
Bitget NXPCUSDTlong	+0.0100%	4h	0.2490	long leg	$459K	$850K	50x
Variational Omni NXPC	+0.0100%	4h	0.2523	+1.330%	$30K	$2K	—	as long as short
ApeX Omni NXPCUSDT	+0.0100%	1h	0.2524	+1.365%	$17K	$626K	50x	as long as short