NXPC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%

Price spread now: BingX against MEXC+0.041%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1351.347% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.134%−$13 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.041%, 7d avg +0.006%

Together, before fees−0.174%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.035% dearer against MEXC than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of +0.006%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 7 days (−0.134% in total) that is about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NXPC_USDT	0.2464	0.0100	pay 0.0050% / 4h	1h 15m	$520K	$222K	100x
Short	BingX NXPC-USDT	0.2465	0.0070	get 0.0035% / 4h	1h 15m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$6.3
Price spread: +0.041% → +0.006%: $3.48
Slippage, 4 orders: −$120.67
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$137.49
Costs to cover: 1.347%
Break-even: never at this rate

Slippage from MEXC: live order book, 31 min ago; BingX: live order book, 1 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 MEXC live order book, 31 min ago	10.13 bp	21.2 bp −$21	137.1 bp −$1,371	366.9 bp −$36.7K	668.6 bp −$334.3K
Sell BingX live order book, 1 min ago	16.22 bp	43.5 bp −$44	107.1 bp −$1,071	431.4 bp −$43.1K	729.4 bp −$364.7K

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	0.2465	+0.041%	—	$6.5M	—
Hyperliquid NXPC	+0.0100%	1h	0.2462	−0.089%	$385K	$382K	3x	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2465	+0.041%	$4.7M	$7.5M	50x	as long as short
Bybit NXPCUSDT	+0.0100%	4h	0.2462	−0.081%	$1.2M	$2.5M	25x	as long as short
Gate NXPC_USDT	+0.0100%	8h	0.2467	+0.122%	$96K	$238K	50x	as long as short
MEXC NXPC_USDTlong	+0.0100%	4h	0.2464	long leg	$520K	$222K	100x
KuCoin NXPCUSDTM	+0.0100%	4h	0.2467	+0.122%	$566K	$159K	50x	as long as short
Bitget NXPCUSDT	+0.0100%	4h	0.2466	+0.081%	$459K	$861K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2464	+0.001%	$29K	$2K	—	as long as short
ApeX Omni NXPCUSDT	+0.0100%	1h	0.2470	+0.244%	$18K	$633K	50x	as long as short