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

NXPC

all NXPC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.163%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$664as in the Funding arb table
Net, price: spread back to 7d avg − costs−$644as in the Price arb table
costs, in and out, $10k−$6616.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.163%, 7d avg −0.008%
Together, before fees−0.106%−$11 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 0.171% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NXPCUSDTM0.24590.0100pay 0.0050% / 4h3h 30m$556K$166K50x
ShortBybit NXPCUSDT0.24630.0100get 0.0050% / 4h3h 30m$1.3M$2.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: +0.163% → −0.008%
$17.11
Slippage, 4 orders
−$637.77
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$643.66
Costs to cover
6.608%
Break-even
never at this rate
Slippage from KuCoin: live order book, 43 min ago; Bybit: live order book, 1 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 KuCoin live order book, 43 min ago12.05 bp330.9 bp −$331doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago6.09 bp50.6 bp −$51177.9 bp −$1,779doesn'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
ApeX Omni NXPCUSDT−0.0332%1h0.2469+0.407%$18K$632K50xas long as short
Hyperliquid NXPC−0.0246%1h0.2463+0.171%$386K$392K3xas long as short
BingX NXPC-USDT+0.0070%4h0.2463+0.163%$6.5Mas long as short
Binance NXPCUSDT+0.0100%4h0.2466+0.285%$4.7M$7.8M50xas long as short
Bybit NXPCUSDTshort+0.0100%4h0.2463+0.163%$1.3M$2.6M25x
Gate NXPC_USDT+0.0100%8h0.2463+0.163%$77K$272K50xas long as short
MEXC NXPC_USDT+0.0100%4h0.2467+0.325%$503K$247K100xas long as short
KuCoin NXPCUSDTMlong+0.0100%4h0.2459long leg$556K$166K50x
Bitget NXPCUSDT+0.0100%4h0.2470+0.447%$424K$937K50xas long as short
Variational Omni NXPC+0.0100%4h0.2465+0.247%$29K$2Kas long as short