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: SunX against BingX0.000%7-day average +0.045% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 3 days (all we have)+0.167%+$17 · spread now 0.000%, 7d avg +0.045%

Together, before fees+0.127%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.045% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.045%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX NIGHT-USDT	0.02418	0.0120	pay 0.0060% / 4h	2h 05m	—	$6.6M	—
Short	SunX NIGHT-USDT	0.02418	0.0100	get 0.0050% / 4h	2h 05m	$1K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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 BingXbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$4.2
Price spread: 0.000% → +0.045%: −$4.53
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$26.73
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 1 min ago; SunX: live order book, 1 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 BingX live order book, 1 min ago	6.20 bp	27.2 bp −$27	96.6 bp −$966	939.5 bp −$94.0K	1279.6 bp −$639.8K
Sell SunX live order book, 1 min ago	502.38 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

NIGHT on 14 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	−9.835%	$1K	—	50x	as long as short
Kraken Futures PF_NIGHTUSD	−0.1291%	1h	0.02427	+0.358%	$64K	$60K	25x	as long as short
Injective NIGHT/USDC PERP	+0.0033%	1h	0.02435	+0.703%	$1K	$58K	5.5x	as long as short
Aster NIGHTUSDT	+0.0100%	4h	0.02419	+0.034%	$27K	$34K	10x	as long as short
Binance NIGHTUSDT	+0.0100%	4h	0.02419	+0.022%	$5.4M	$6.5M	50x	as long as short
Bybit NIGHTUSDT	+0.0100%	4h	0.02419	+0.041%	$2.0M	$1.0M	50x	as long as short
OKX NIGHT-USDT-SWAP	+0.0100%	4h	0.02418	0.000%	$1.6M	$1.9M	20x	as long as short
Gate NIGHT_USDT	+0.0100%	8h	0.02418	0.000%	$223K	$204K	20x	as long as short
KuCoin NIGHTUSDTM	+0.0100%	4h	0.02419	+0.033%	$1.4M	$5.3M	50x	as long as short
Bitget NIGHTUSDT	+0.0100%	4h	0.02420	+0.083%	$647K	$403K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NIGHT-USDTshort	+0.0100%	4h	0.02418	0.000%	$1K	$1.9M	20x
BingX NIGHT-USDTlong	+0.0120%	4h	0.02418	long leg	—	$6.6M	—
MEXC NIGHT_USDT	+0.0238%	4h	0.02418	0.000%	$850K	$461K	100x	as long as short
Deribit NIGHT_USDC-PERPETUAL	+0.0370%	1h	0.02421	+0.120%	$99	$99	10x	as long as short