Funding you earn now, next payment 08:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.047%
Price spread now: MEXC against Aster−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. MEXC is 0.027% cheaper against Aster than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NIGHTUSDT | 0.02428 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $27K | $33K | 10x |
| Short | MEXC NIGHT_USDT | 0.02427 | 0.0250 | get 0.0125% / 4h | 3h 32m | $785K | $450K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. 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
- $31.5
- Price spread: −0.027% → 0.000%
- −$2.67
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $16.83
- Costs to cover
- 0.120%
- Break-even
- 3.3 days
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 13 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 13 min ago | 2.06 bp | 13.8 bp −$14 | 90.8 bp −$908 | 319.8 bp −$32.0K | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International NIGHT-PERP-INTX | −2.3328% | 1h | 0.02180 | −10.193% | $1K | — | 50x | as long as short |
| Injective NIGHT/USDC PERP | +0.0033% | 1h | 0.02435 | +0.303% | $1K | $58K | 5.5x | as long as short |
| BloFin NIGHT-USDT | +0.0096% | 4h | 0.02429 | +0.056% | $284K | $41K | 50x | as long as short |
| Aster NIGHTUSDTlong | +0.0100% | 4h | 0.02428 | long leg | $27K | $33K | 10x | |
| Binance NIGHTUSDT | +0.0100% | 4h | 0.02427 | −0.027% | $5.3M | $6.5M | 50x | as long as short |
| Bybit NIGHTUSDT | +0.0100% | 4h | 0.02428 | +0.014% | $2.0M | $1.0M | 50x | as long as short |
| OKX NIGHT-USDT-SWAP | +0.0100% | 4h | 0.02427 | −0.027% | $1.6M | $1.9M | 20x | as long as short |
| Gate NIGHT_USDT | +0.0100% | 8h | 0.02427 | −0.027% | $238K | $208K | 20x | as long as short |
| KuCoin NIGHTUSDTM | +0.0100% | 4h | 0.02430 | +0.093% | $1.4M | $5.2M | 50x | as long as short |
| Bitget NIGHTUSDT | +0.0100% | 4h | 0.02430 | +0.097% | $682K | $414K | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NIGHT-USDT | +0.0100% | 4h | 0.02426 | −0.068% | $2K | $1.9M | 20x | as long as short |
| BingX NIGHT-USDT | +0.0126% | 4h | 0.02427 | −0.027% | — | $6.6M | — | as long as short |
| MEXC NIGHT_USDTshort | +0.0250% | 4h | 0.02427 | −0.027% | $785K | $450K | 100x | |
| Deribit NIGHT_USDC-PERPETUAL | +0.0409% | 1h | 0.02429 | +0.056% | $100 | $99 | 10x | as long as short |
| Kraken Futures PF_NIGHTUSD | +0.7601% | 1h | 0.02434 | +0.256% | $64K | $61K | 25x | as long as short |
Aster NIGHTUSDT
MEXC NIGHT_USDT
Coinbase International NIGHT-PERP-INTX
Injective NIGHT/USDC PERP
BloFin NIGHT-USDT
Binance NIGHTUSDT
Bybit NIGHTUSDT
OKX NIGHT-USDT-SWAP
Gate NIGHT_USDT
KuCoin NIGHTUSDTM
Bitget NIGHTUSDT
SunX NIGHT-USDT
BingX NIGHT-USDT
Deribit NIGHT_USDC-PERPETUAL
Kraken Futures PF_NIGHTUSD