Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: SunX against BloFin−0.210%7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.210%, 7d avg +0.005%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SunX is 0.214% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NIGHT-USDT | 0.02382 | 0.0109 | pay 0.0055% / 4h | 1h 06m | $272K | $43K | 50x |
| Short | SunX NIGHT-USDT | 0.02377 | 0.0100 | get 0.0050% / 4h | 1h 06m | $2K | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. 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
- −$1.99
- Price spread: −0.210% → +0.005%
- −$21.45
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$43.44
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 12 min ago; SunX: live order book, 9 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 BloFin live order book, 12 min ago | 8.40 bp | 49.8 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 501.99 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | −2.1536% | 1h | 0.02239 | −6.012% | $1K | $74 | 50x | as long as short |
| Injective NIGHT/USDC PERP | +0.0033% | 1h | 0.02435 | +2.225% | $1K | $58K | 5.5x | as long as short |
| Aster NIGHTUSDT | +0.0100% | 4h | 0.02381 | −0.058% | $16K | $42K | 10x | as long as short |
| Binance NIGHTUSDT | +0.0100% | 4h | 0.02379 | −0.126% | $5.2M | $6.6M | 50x | as long as short |
| Bybit NIGHTUSDT | +0.0100% | 4h | 0.02381 | −0.042% | $1.9M | $1.1M | 50x | as long as short |
| OKX NIGHT-USDT-SWAP | +0.0100% | 4h | 0.02379 | −0.113% | $1.6M | $2.0M | 20x | as long as short |
| Gate NIGHT_USDT | +0.0100% | 8h | 0.02379 | −0.126% | $216K | $220K | 20x | as long as short |
| KuCoin NIGHTUSDTM | +0.0100% | 4h | 0.02381 | −0.056% | $1.3M | $5.4M | 50x | as long as short |
| Bitget NIGHTUSDT | +0.0100% | 4h | 0.02381 | −0.042% | $641K | $451K | 25x | as long as short |
| SunX NIGHT-USDTshort | +0.0100% | 4h | 0.02377 | −0.210% | $2K | $1.9M | 20x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NIGHT-USDT | +0.0108% | 4h | 0.02380 | −0.084% | — | $6.6M | — | as long as short |
| BloFin NIGHT-USDTlong | +0.0109% | 4h | 0.02382 | long leg | $272K | $43K | 50x | |
| MEXC NIGHT_USDT | +0.0216% | 4h | 0.02379 | −0.126% | $761K | $455K | 100x | as long as short |
| Deribit NIGHT_USDC-PERPETUAL | +0.0590% | 1h | 0.02382 | −0.013% | $98 | $99 | 10x | as long as short |
| Kraken Futures PF_NIGHTUSD | +0.5928% | 1h | 0.02354 | −1.166% | $63K | $62K | 25x | as long as short |
BloFin NIGHT-USDT
SunX NIGHT-USDT
Coinbase International NIGHT-PERP-INTX
Injective NIGHT/USDC PERP
Aster NIGHTUSDT
Binance NIGHTUSDT
Bybit NIGHTUSDT
OKX NIGHT-USDT-SWAP
Gate NIGHT_USDT
KuCoin NIGHTUSDTM
Bitget NIGHTUSDT
BingX NIGHT-USDT
MEXC NIGHT_USDT
Deribit NIGHT_USDC-PERPETUAL
Kraken Futures PF_NIGHTUSD