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

NXPC

all NXPC markets
SwapBacktest
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 +0.011%
Price spread now: ApeX Omni against Hyperliquid−0.182%65s7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1231.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.348%+$35 · spread now −0.182%, 7d avg +0.102%
Together, before fees+0.378%+ Points / potential airdropHyperliquid: Season 2 · farm board+$38 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: ApeX Omni is 0.284% cheaper against Hyperliquid than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.102%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NXPC0.24700.0100pay 0.0013% / 1h30m 21s$388K$383K3x
ShortApeX Omni NXPCUSDT0.24660.0100get 0.0013% / 1h30m 21s$18K$633K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hyperliquid. 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
$0
Price spread: −0.182% → +0.102%
−$28.38
Slippage, 4 orders
−$104.48
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$151.86
Costs to cover
1.235%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 59 min ago; ApeX Omni: 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 Hyperliquid live order book, 59 min ago3.02 bp26.6 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 28 min ago12.22 bp29.8 bp −$30doesn'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
BingX NXPC-USDT+0.0070%4h0.2473+0.101%$6.5Mas long as short
Hyperliquid NXPClong+0.0100%1h0.2470long leg$388K$383K3x
Binance NXPCUSDT+0.0100%4h0.2474+0.142%$4.7M$7.6M50xas long as short
Bybit NXPCUSDT+0.0100%4h0.2475+0.182%$1.2M$2.5M25xas long as short
Gate NXPC_USDT+0.0100%8h0.2471+0.020%$95K$253K50xas long as short
MEXC NXPC_USDT+0.0100%4h0.2474+0.142%$520K$227K100xas long as short
KuCoin NXPCUSDTM+0.0100%4h0.2468−0.101%$561K$161K50xas long as short
Bitget NXPCUSDT+0.0100%4h0.2474+0.142%$431K$934K50xas long as short
Variational Omni NXPC+0.0100%4h0.2467−0.139%$29K$2Kas long as short
ApeX Omni NXPCUSDTshort+0.0100%1h0.2466−0.182%$18K$633K50x