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% APRpaid last 24h 0.000%

Price spread now: MEXC against Gate+0.041%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$636as in the Funding arb table

Net, price: spread back to 7d avg − costs−$638as in the Price arb table

costs, in and out, $10k−$6426.422% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.041%, 7d avg −0.003%

Together, before fees+0.068%+$7 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: MEXC is 0.043% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NXPC_USDT	0.2463	0.0100	pay 0.0100% / 8h	4h 33m	$95K	$253K	50x
Short	MEXC NXPC_USDT	0.2464	0.0100	get 0.0050% / 4h	33m 35s	$518K	$227K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → −0.003%: $4.35
Slippage, 4 orders: −$623.24
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$637.89
Costs to cover: 6.422%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 7 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, 3 min ago	10.15 bp	449.6 bp −$450	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	2.03 bp	18.1 bp −$18	127.2 bp −$1,272	361.8 bp −$36.2K	654.8 bp −$327.4K

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
BingX NXPC-USDT	+0.0070%	4h	0.2464	+0.041%	—	$6.5M	—	as long as short
Hyperliquid NXPC	+0.0100%	1h	0.2461	−0.087%	$387K	$383K	3x	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2465	+0.064%	$4.7M	$7.6M	50x	as long as short
Bybit NXPCUSDT	+0.0100%	4h	0.2463	0.000%	$1.2M	$2.5M	25x	as long as short
Gate NXPC_USDTlong	+0.0100%	8h	0.2463	long leg	$95K	$253K	50x
MEXC NXPC_USDTshort	+0.0100%	4h	0.2464	+0.041%	$518K	$227K	100x
KuCoin NXPCUSDTM	+0.0100%	4h	0.2459	−0.162%	$559K	$161K	50x	as long as short
Bitget NXPCUSDT	+0.0100%	4h	0.2465	+0.081%	$429K	$934K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2458	−0.200%	$29K	$2K	—	as long as short
ApeX Omni NXPCUSDT	+0.0100%	1h	0.2462	−0.041%	$18K	$632K	50x	as long as short