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

NIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.012%
Price spread now: BingX against Aster−0.087%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. BingX is 0.087% cheaper against Aster than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 15 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NIGHTUSDT0.024340.0100pay 0.0050% / 4h3h 43m$27K$35K10x
ShortBingX NIGHT-USDT0.024320.0120get 0.0060% / 4h3h 43m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
$4.2
Price spread: −0.087% → 0.000%
−$8.71
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$22.51
Costs to cover
0.180%
Break-even
44.5 days
Slippage unknown: Aster: no order-book sample; BingX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BingX live order book, 3 min ago6.16 bp28.3 bp −$2894.1 bp −$941964.6 bp −$96.5K1366.0 bp −$683.0K
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NIGHT on 15 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
Coinbase International NIGHT-PERP-INTX−2.3328%1h0.02180−10.432%$1K50xas long as short
Kraken Futures PF_NIGHTUSD−0.5815%1h0.02421−0.538%$63K$62K25xas long as short
Injective NIGHT/USDC PERP+0.0033%1h0.02435+0.036%$1K$58K5.5xas long as short
Aster NIGHTUSDTlong+0.0100%4h0.02434long leg$27K$35K10x
Binance NIGHTUSDT+0.0100%4h0.02432−0.087%$5.4M$6.6M50xas long as short
Bybit NIGHTUSDT+0.0100%4h0.02434−0.005%$2.0M$1.0M50xas long as short
OKX NIGHT-USDT-SWAP+0.0100%4h0.02432−0.104%$1.6M$1.8M20xas long as short
Gate NIGHT_USDT+0.0100%8h0.02434−0.005%$225K$205K20xas long as short
KuCoin NIGHTUSDTM+0.0100%4h0.02432−0.074%$1.4M$5.2M50xas long as short
Bitget NIGHTUSDT+0.0100%4h0.02433−0.046%$650K$395K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NIGHT-USDT+0.0100%4h0.02430−0.169%$2K$2.0M20xas long as short
BingX NIGHT-USDTshort+0.0120%4h0.02432−0.087%$6.6M
BloFin NIGHT-USDT+0.0132%4h0.02432−0.087%$287K$47K50xas long as short
MEXC NIGHT_USDT+0.0238%4h0.02433−0.046%$883K$457K100xas long as short
Deribit NIGHT_USDC-PERPETUAL+0.2175%1h0.02438+0.176%$100$9910xas long as short