Funding arb · Price arb /

NXPC

all NXPC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against MEXC−0.040%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$649as in the Funding arb table

Net, price: spread back to 7d avg − costs−$647as in the Price arb table

costs, in and out, $10k−$6426.422% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.040%, 7d avg +0.003%

Together, before fees−0.068%−$7 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: Gate is 0.043% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NXPC_USDT	0.2471	0.0100	pay 0.0050% / 4h	27m 31s	$520K	$227K	100x
Short	Gate NXPC_USDT	0.2470	0.0100	get 0.0100% / 8h	4h 27m	$95K	$253K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → +0.003%: −$4.33
Slippage, 4 orders: −$623.24
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$646.57
Costs to cover: 6.422%
Break-even: never at this rate

Slippage from MEXC: live order book, 13 min ago; Gate: live order book, 9 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, 13 min ago	2.03 bp	20.0 bp −$20	127.3 bp −$1,273	366.5 bp −$36.6K	666.6 bp −$333.3K
Sell Gate live order book, 9 min ago	10.15 bp	154.5 bp −$155	doesn't fit	doesn't fit	doesn't fit

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-USDT	+0.0070%	4h	0.2470	−0.040%	—	$6.5M	—	as long as short
Hyperliquid NXPC	+0.0100%	1h	0.2464	−0.287%	$387K	$383K	3x	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2472	+0.027%	$4.7M	$7.6M	50x	as long as short
Bybit NXPCUSDT	+0.0100%	4h	0.2470	−0.040%	$1.2M	$2.5M	25x	as long as short
Gate NXPC_USDTshort	+0.0100%	8h	0.2470	−0.040%	$95K	$253K	50x
MEXC NXPC_USDTlong	+0.0100%	4h	0.2471	long leg	$520K	$227K	100x
KuCoin NXPCUSDTM	+0.0100%	4h	0.2466	−0.202%	$560K	$161K	50x	as long as short
Bitget NXPCUSDT	+0.0100%	4h	0.2471	0.000%	$430K	$934K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2467	−0.159%	$29K	$2K	—	as long as short
ApeX Omni NXPCUSDT	+0.0100%	1h	0.2472	+0.040%	$18K	$632K	50x	as long as short