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

NXPC

all NXPC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Binance against Hyperliquid−0.063%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1501.500% 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)+0.194%+$19 · spread now −0.063%, 7d avg +0.106%
Together, before fees+0.223%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 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: Binance is 0.170% cheaper against Hyperliquid than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NXPC0.24640.0100pay 0.0013% / 1h19m 14s$386K$381K3x
ShortBinance NXPCUSDT0.24630.0100get 0.0050% / 4h1h 19m$4.7M$7.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.063% → +0.106%
−$16.95
Slippage, 4 orders
−$130.96
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$166.91
Costs to cover
1.500%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Binance: live order book, 5 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, 11 min ago3.02 bp26.6 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago4.04 bp41.9 bp −$42137.6 bp −$1,376doesn'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%4h0.2463−0.049%$6.6Mas long as short
Hyperliquid NXPClong+0.0100%1h0.2464long leg$386K$381K3x
Binance NXPCUSDTshort+0.0100%4h0.2463−0.063%$4.7M$7.5M50x
Bybit NXPCUSDT+0.0100%4h0.2461−0.130%$1.2M$2.5M25xas long as short
Gate NXPC_USDT+0.0100%8h0.2468+0.154%$96K$238K50xas long as short
MEXC NXPC_USDT+0.0100%4h0.2462−0.089%$520K$222K100xas long as short
KuCoin NXPCUSDTM+0.0100%4h0.2463−0.049%$565K$158K50xas long as short
Bitget NXPCUSDT+0.0100%4h0.2463−0.049%$459K$861K50xas long as short
Variational Omni NXPC+0.0100%4h0.2472+0.298%$29K$2Kas long as short
ApeX Omni NXPCUSDT+0.0100%1h0.2476+0.479%$18K$634K50xas long as short