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

NXPC

all NXPC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%
Price spread now: Bybit against Hyperliquid+0.016%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1531.531% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.016%, 7d avg +0.061%
Together, before fees+0.052%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 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 0.045% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NXPC0.24730.0100pay 0.0013% / 1h8m 59s$392K$400K3x
ShortBybit NXPCUSDT0.24730.0100get 0.0050% / 4h1h 08m$1.2M$2.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.016% → +0.061%
−$4.48
Slippage, 4 orders
−$133.12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$157.59
Costs to cover
1.531%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 51 min ago; Bybit: live order book, 3 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, 51 min ago1.42 bp25.4 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.05 bp42.6 bp −$43190.1 bp −$1,901doesn'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%4h0.2475+0.097%$6.6Mas long as short
Hyperliquid NXPClong+0.0100%1h0.2473long leg$392K$400K3x
Binance NXPCUSDT+0.0100%4h0.2475+0.111%$4.6M$8.2M50xas long as short
Bybit NXPCUSDTshort+0.0100%4h0.2473+0.016%$1.2M$2.6M25x
Gate NXPC_USDT+0.0100%8h0.2472−0.024%$73K$276K50xas long as short
MEXC NXPC_USDT+0.0100%4h0.2474+0.057%$492K$255K100xas long as short
KuCoin NXPCUSDTM+0.0100%4h0.2474+0.057%$562K$171K50xas long as short
Bitget NXPCUSDT+0.0100%4h0.2476+0.138%$456K$942K50xas long as short
Variational Omni NXPC+0.0100%4h0.2473−0.002%$29K$2Kas long as short
ApeX Omni NXPCUSDT+0.0100%1h0.2474+0.057%$18K$639K50xas long as short