NIGHT

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 +0.008%

Price spread now: BingX against Binance0.000%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1031.026% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$5 on $10k

Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.005%

Together, before fees+0.045%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NIGHTUSDT	0.02410	0.0100	pay 0.0050% / 4h	2h 54m	$5.4M	$6.6M	50x
Short	BingX NIGHT-USDT	0.02410	0.0120	get 0.0060% / 4h	2h 54m	—	$6.6M	—

Funding history

latest

Range statsloading…

BingX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee BingXbpOrdersPrice spread, now 0.000%Rate

Slippage from Binance: live order book, 15 min ago; BingX: live order book, 12 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 15 min ago	2.05 bp	21.6 bp −$22	165.9 bp −$1,659	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	6.16 bp	27.9 bp −$28	95.1 bp −$951	975.3 bp −$97.5K	1340.2 bp −$670.1K

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	−9.535%	$1K	—	50x	as long as short
Kraken Futures PF_NIGHTUSD	−0.1293%	1h	0.02424	+0.562%	$63K	$61K	25x	as long as short
Injective NIGHT/USDC PERP	+0.0033%	1h	0.02435	+1.037%	$1K	$58K	5.5x	as long as short
BloFin NIGHT-USDT	+0.0066%	4h	0.02406	−0.166%	$285K	$42K	50x	as long as short
Aster NIGHTUSDT	+0.0100%	4h	0.02410	+0.005%	$27K	$35K	10x	as long as short
Binance NIGHTUSDTlong	+0.0100%	4h	0.02410	long leg	$5.4M	$6.6M	50x
Bybit NIGHTUSDT	+0.0100%	4h	0.02412	+0.083%	$2.0M	$1.0M	50x	as long as short
OKX NIGHT-USDT-SWAP	+0.0100%	4h	0.02409	−0.021%	$1.6M	$1.8M	20x	as long as short
Gate NIGHT_USDT	+0.0100%	8h	0.02408	−0.083%	$222K	$200K	20x	as long as short
KuCoin NIGHTUSDTM	+0.0100%	4h	0.02411	+0.058%	$1.4M	$5.2M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NIGHTUSDT	+0.0100%	4h	0.02413	+0.124%	$644K	$398K	25x	as long as short
SunX NIGHT-USDT	+0.0100%	4h	0.02403	−0.290%	$1K	$1.9M	20x	as long as short
BingX NIGHT-USDTshort	+0.0120%	4h	0.02410	0.000%	—	$6.6M	—
MEXC NIGHT_USDT	+0.0238%	4h	0.02410	0.000%	$862K	$456K	100x	as long as short
Deribit NIGHT_USDC-PERPETUAL	+0.0746%	1h	0.02412	+0.091%	$99	$99	10x	as long as short