Settings8H · net · $10k
Funding arb · Price arb /

NXPC

all NXPC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: ApeX Omni against Bybit−0.081%59s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1441.437% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.081%, 7d avg +0.048%
Together, before fees+0.219%+$22 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: ApeX Omni is 0.129% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.048%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NXPCUSDT0.24720.0100pay 0.0050% / 4h1h 58m$1.2M$2.6M25x
ShortApeX Omni NXPCUSDT0.24700.0100get 0.0013% / 1h58m 35s$18K$637K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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

Funding earned
$0
Price spread: −0.081% → +0.048%
−$12.89
Slippage, 4 orders
−$122.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$156.55
Costs to cover
1.437%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago6.07 bp49.4 bp −$49178.9 bp −$1,789doesn't fitdoesn't fit
Sell ApeX Omni live order book, 49 min ago6.11 bp25.0 bp −$25doesn't fitdoesn't fitdoesn't fit

NXPC on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NXPC-USDT+0.0070%4h0.2473+0.040%$6.5Mas long as short
Hyperliquid NXPC+0.0100%1h0.2472+0.008%$393K$396K3xas long as short
Binance NXPCUSDT+0.0100%4h0.2473+0.047%$4.6M$8.1M50xas long as short
Bybit NXPCUSDTlong+0.0100%4h0.2472long leg$1.2M$2.6M25x
Gate NXPC_USDT+0.0100%8h0.2470−0.081%$75K$274K50xas long as short
MEXC NXPC_USDT+0.0100%4h0.2471−0.040%$498K$250K100xas long as short
KuCoin NXPCUSDTM+0.0100%4h0.2473+0.040%$562K$173K50xas long as short
Bitget NXPCUSDT+0.0100%4h0.2475+0.121%$454K$942K50xas long as short
Variational Omni NXPC+0.0100%4h0.2466−0.241%$29K$2Kas long as short
ApeX Omni NXPCUSDTshort+0.0100%1h0.2470−0.081%$18K$637K50x