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

NXPC

All NXPC markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotNXPCUSDT
0.1494spotno funding——$266K1xBuy Bybit Spot
SHORT
BybitNXPCUSDT
0.1492+0.0100get 0.0050% / 4h1h 05m$969K$636K25xShort Bybit
Price gap−0.167%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.068% under its 7d average: −$7 if it goes back, about 2.3 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price−$7spread −0.167% now, avg −0.100% → −0.068% if it goes back
Costs−$2032.029% of $10k · taker + slippage, in and out
Result−$189−1.89%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.167%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NXPC on 10 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size70.5 / 42.6 bp
    At $10k entering Bybit Spot costs 70.5 bp, fee and slippage, 1.7× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $400
    The spot leg is bought with the whole $10k; Bybit runs at up to 25x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.167% vs −0.100%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thin$969K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0100%/8h × 21 periods+$21.00
Price spread−0.167% → −0.100% (7d avg)−$6.76
Slippage, 4 orderslive order books−$171.91
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$188.67
Costs to cover2.029%Break-even69.9 days
Slippage: Bybit Spot: live order book, 38 min ago; Bybit: live order book, 53 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot6.6670.5 bp−$70doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit3.3442.6 bp−$43356.1 bp−$3,561doesn’t fitdoesn’t fit

Closing costs about the same again.

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