Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against KuCoin−0.121%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$494as in the Funding arb table
Net, price: spread back to 7d avg − costs−$496as in the Price arb table
costs, in and out, $10k−$4824.819% of the position
Funding, last 7 days−0.125%−$13 on $10k
+Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.121%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.144% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NXPCUSDTM | 0.2480 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $564K | $171K | 50x |
| Short | BingX NXPC-USDT | 0.2477 | 0.0070 | get 0.0035% / 4h | 1h 06m | — | $6.6M | — |
KuCoin NXPCUSDTM
BingX NXPC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.3
- Price spread: −0.121% → +0.023%
- −$14.43
- Slippage, 4 orders
- −$459.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$502.6
- Costs to cover
- 4.819%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 38 min ago; BingX: live order book, 15 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 KuCoin live order book, 38 min ago | 22.27 bp | 203.3 bp −$203 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 16.17 bp | 45.0 bp −$45 | 103.4 bp −$1,034 | 475.9 bp −$47.6K | 819.5 bp −$409.7K |
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-USDTshort | +0.0070% | 4h | 0.2477 | −0.121% | — | $6.6M | — | |
| Hyperliquid NXPC | +0.0100% | 1h | 0.2473 | −0.290% | $391K | $400K | 3x | as long as short |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2476 | −0.181% | $4.6M | $8.2M | 50x | as long as short |
| Bybit NXPCUSDT | +0.0100% | 4h | 0.2475 | −0.202% | $1.2M | $2.6M | 25x | as long as short |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2478 | −0.081% | $73K | $276K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2476 | −0.161% | $490K | $256K | 100x | as long as short |
| KuCoin NXPCUSDTMlong | +0.0100% | 4h | 0.2480 | long leg | $564K | $171K | 50x | |
| Bitget NXPCUSDT | +0.0100% | 4h | 0.2475 | −0.202% | $455K | $943K | 50x | as long as short |
| Variational Omni NXPC | +0.0100% | 4h | 0.2473 | −0.301% | $29K | $2K | — | as long as short |
| ApeX Omni NXPCUSDT | +0.0100% | 1h | 0.2474 | −0.242% | $18K | $639K | 50x | as long as short |
Hyperliquid NXPC
Binance NXPCUSDT
Bybit NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
Bitget NXPCUSDT
Variational Omni NXPC
ApeX Omni NXPCUSDT