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

NXPC

all NXPC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.009%
Price spread now: Hyperliquid against Gate+0.056%7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$528as in the Price arb table
costs, in and out, $10k−$5425.417% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.056%, 7d avg −0.086%
Together, before fees−0.101%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.142% dearer against Gate than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.086%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NXPC_USDT0.25100.0100pay 0.0100% / 8h6h 12m$97K$187K50x
ShortHyperliquid NXPC0.2511−0.0047pay 0.0006% / 1h12m 07s$396K$373K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
−$30.85
Price spread: +0.056% → −0.086%
$14.18
Slippage, 4 orders
−$517.72
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$558.39
Costs to cover
5.417%
Break-even
never at this rate
Slippage from Gate: live order book, 35 min ago; Hyperliquid: live order book, 28 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 Gate live order book, 35 min ago7.96 bp319.3 bp −$319doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 28 min ago6.78 bp39.9 bp −$40doesn'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
Hyperliquid NXPCshort−0.0047%1h0.2511+0.056%$396K$373K3x
BingX NXPC-USDT+0.0070%4h0.2513+0.120%$6.5Mas long as short
Binance NXPCUSDT+0.0100%4h0.2515+0.199%$4.8M$7.2M50xas long as short
Bybit NXPCUSDT+0.0100%4h0.2513+0.120%$1.3M$2.4M25xas long as short
Gate NXPC_USDTlong+0.0100%8h0.2510long leg$97K$187K50x
MEXC NXPC_USDT+0.0100%4h0.2513+0.120%$558K$219K100xas long as short
KuCoin NXPCUSDTM+0.0100%4h0.2513+0.120%$578K$160K50xas long as short
Bitget NXPCUSDT+0.0100%4h0.2518+0.319%$466K$861K50xas long as short
Variational Omni NXPC+0.0100%4h0.2510+0.001%$30K$2Kas long as short
ApeX Omni NXPCUSDT+0.0100%1h0.2522+0.478%$18K$630K50xas long as short