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 Bybit−0.122%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,034as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,050as in the Price arb table

costs, in and out, $10k−$1,03710.373% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.122%, 7d avg +0.010%

Together, before fees+0.091%+$9 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 0.132% 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 +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NXPCUSDT	0.2469	0.0100	pay 0.0050% / 4h	3h 37m	$1.4M	$1.8M	25x
Short	KuCoin NXPCUSDTM	0.2466	0.0100	get 0.0050% / 4h	3h 37m	$589K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.122%Rate

Funding earned: $0
Price spread: −0.122% → +0.010%: −$13.18
Slippage, 4 orders: −$1,014.3
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,050.48
Costs to cover: 10.373%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; KuCoin: 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, 4 min ago	4.03 bp	54.9 bp −$55	414.7 bp −$4,147	doesn't fit	doesn't fit
Sell KuCoin live order book, 15 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
ApeX Omni NXPCUSDT	−0.0538%	1h	0.2487	+0.729%	$16K	$627K	50x	as long as short
BingX NXPC-USDT	+0.0070%	4h	0.2470	+0.041%	—	$6.5M	—	as long as short
Hyperliquid NXPC	+0.0100%	1h	0.2470	+0.028%	$365K	$314K	3x	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2469	0.000%	$4.7M	$5.6M	50x	as long as short
Bybit NXPCUSDTlong	+0.0100%	4h	0.2469	long leg	$1.4M	$1.8M	25x
Gate NXPC_USDT	+0.0100%	8h	0.2469	0.000%	$118K	$158K	50x	as long as short
MEXC NXPC_USDT	+0.0100%	4h	0.2471	+0.081%	$573K	$186K	100x	as long as short
KuCoin NXPCUSDTMshort	+0.0100%	4h	0.2466	−0.122%	$589K	$142K	50x
Bitget NXPCUSDT	+0.0100%	4h	0.2473	+0.162%	$438K	$703K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2468	−0.036%	$29K	$2K	—	as long as short