NIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bitget−0.041%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1191.186% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.041%, 7d avg −0.050%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NIGHTUSDT	0.02433	0.0100	pay 0.0050% / 4h	3h 43m	$650K	$395K	25x
Short	Binance NIGHTUSDT	0.02432	0.0100	get 0.0050% / 4h	3h 43m	$5.4M	$6.6M	50x

Funding history

latest

Range statsloading…

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.041%Rate

Slippage from Bitget: live order book, 26 min ago; Binance: live order book, 10 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 26 min ago	8.23 bp	37.7 bp −$38	244.8 bp −$2,448	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	2.06 bp	25.2 bp −$25	138.8 bp −$1,388	doesn't fit	doesn't fit

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	−10.390%	$1K	—	50x	as long as short
Kraken Futures PF_NIGHTUSD	−0.5815%	1h	0.02421	−0.492%	$63K	$62K	25x	as long as short
Injective NIGHT/USDC PERP	+0.0033%	1h	0.02435	+0.082%	$1K	$58K	5.5x	as long as short
Aster NIGHTUSDT	+0.0100%	4h	0.02434	+0.046%	$27K	$35K	10x	as long as short
Binance NIGHTUSDTshort	+0.0100%	4h	0.02432	−0.041%	$5.4M	$6.6M	50x
Bybit NIGHTUSDT	+0.0100%	4h	0.02434	+0.041%	$2.0M	$1.0M	50x	as long as short
OKX NIGHT-USDT-SWAP	+0.0100%	4h	0.02432	−0.058%	$1.6M	$1.8M	20x	as long as short
Gate NIGHT_USDT	+0.0100%	8h	0.02434	+0.041%	$225K	$205K	20x	as long as short
KuCoin NIGHTUSDTM	+0.0100%	4h	0.02432	−0.028%	$1.4M	$5.2M	50x	as long as short
Bitget NIGHTUSDTlong	+0.0100%	4h	0.02433	long leg	$650K	$395K	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NIGHT-USDT	+0.0100%	4h	0.02430	−0.123%	$2K	$2.0M	20x	as long as short
BingX NIGHT-USDT	+0.0120%	4h	0.02432	−0.041%	—	$6.6M	—	as long as short
BloFin NIGHT-USDT	+0.0132%	4h	0.02432	−0.041%	$287K	$47K	50x	as long as short
MEXC NIGHT_USDT	+0.0238%	4h	0.02433	0.000%	$883K	$457K	100x	as long as short
Deribit NIGHT_USDC-PERPETUAL	+0.2175%	1h	0.02438	+0.222%	$100	$99	10x	as long as short