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: BingX against Bybit+0.361%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$2012.009% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 7 days−0.298%−$30 · spread now +0.361%, 7d avg +0.045%
=The price spread pays, funding is against you. BingX is 0.316% dearer against Bybit than usual: you sell high and buy low (spread +0.361% now, against its 7-day average of +0.045%): +$32 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NXPCUSDT | 0.2491 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $1.3M | $2.4M | 25x |
| Short | BingX NXPC-USDT | 0.2500 | 0.0070 | get 0.0035% / 4h | 2h 06m | — | $6.5M | — |
Bybit NXPCUSDT
BingX NXPC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: +0.361% → +0.045%
- $31.63
- Slippage, 4 orders
- −$179.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$175.53
- Costs to cover
- 2.009%
- Break-even
- never at this rate
Slippage from Bybit: live order book, just now; BingX: live order book, 15 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 Bybit live order book, just now | 6.00 bp | 45.9 bp −$46 | 168.8 bp −$1,688 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 15.94 bp | 54.3 bp −$54 | 140.7 bp −$1,407 | 469.4 bp −$46.9K | 661.0 bp −$330.5K |
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 | −0.0093% | 1h | 0.2497 | +0.253% | $394K | $373K | 3x | as long as short |
| BingX NXPC-USDTshort | +0.0070% | 4h | 0.2500 | +0.361% | — | $6.5M | — | |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2495 | +0.146% | $4.8M | $7.2M | 50x | as long as short |
| Bybit NXPCUSDTlong | +0.0100% | 4h | 0.2491 | long leg | $1.3M | $2.4M | 25x | |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2500 | +0.361% | $102K | $190K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2503 | +0.482% | $548K | $220K | 100x | as long as short |
| KuCoin NXPCUSDTM | +0.0100% | 4h | 0.2499 | +0.321% | $572K | $160K | 50x | as long as short |
| Bitget NXPCUSDT | +0.0100% | 4h | 0.2506 | +0.602% | $465K | $859K | 50x | as long as short |
| Variational Omni NXPC | +0.0100% | 4h | 0.2513 | +0.866% | $30K | $2K | — | as long as short |
| ApeX Omni NXPCUSDT | +0.0100% | 1h | 0.2502 | +0.442% | $18K | $630K | 50x | as long as short |
Hyperliquid NXPC
Binance NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
KuCoin NXPCUSDTM
Bitget NXPCUSDT
Variational Omni NXPC
ApeX Omni NXPCUSDT