Funding arb · Price arb /

NXPC

all NXPC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Gate+0.041%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$701as in the Funding arb table

Net, price: spread back to 7d avg − costs−$696as in the Price arb table

costs, in and out, $10k−$7037.030% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.041%, 7d avg −0.029%

Together, before fees+0.131%+$13 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: Bybit is 0.069% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NXPC_USDT	0.2466	0.0100	pay 0.0100% / 8h	3h 33m	$84K	$264K	50x
Short	Bybit NXPCUSDT	0.2467	0.0100	get 0.0050% / 4h	3h 33m	$1.3M	$2.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → −0.029%: $6.92
Slippage, 4 orders: −$677.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$696.1
Costs to cover: 7.030%
Break-even: never at this rate

Slippage from Gate: live order book, 63 min ago; Bybit: live order book, 4 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 Gate live order book, 63 min ago	10.15 bp	449.6 bp −$450	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	6.08 bp	49.8 bp −$50	176.4 bp −$1,764	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	−0.0252%	1h	0.2464	−0.077%	$386K	$391K	3x	as long as short
ApeX Omni NXPCUSDT	−0.0232%	1h	0.2471	+0.203%	$18K	$632K	50x	as long as short
BingX NXPC-USDT	+0.0070%	4h	0.2467	+0.041%	—	$6.5M	—	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2468	+0.081%	$4.7M	$7.8M	50x	as long as short
Bybit NXPCUSDTshort	+0.0100%	4h	0.2467	+0.041%	$1.3M	$2.6M	25x
Gate NXPC_USDTlong	+0.0100%	8h	0.2466	long leg	$84K	$264K	50x
MEXC NXPC_USDT	+0.0100%	4h	0.2468	+0.081%	$507K	$246K	100x	as long as short
KuCoin NXPCUSDTM	+0.0100%	4h	0.2463	−0.122%	$557K	$165K	50x	as long as short
Bitget NXPCUSDT	+0.0100%	4h	0.2472	+0.243%	$424K	$937K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2465	−0.038%	$29K	$2K	—	as long as short