Settings8H · net · $10k
Funding arb · Price arb /

NIGHT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.276%+$28 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NIGHT-USDT0.023820.0109pay 0.0055% / 4h1h 06m$272K$43K50x
ShortSunX NIGHT-USDT0.023770.0100get 0.0050% / 4h1h 06m$2K$1.9M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 12 min ago8.40 bp49.8 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago501.99 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

NIGHT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International NIGHT-PERP-INTX−2.1536%1h0.02239−6.012%$1K$7450xas long as short
Injective NIGHT/USDC PERP+0.0033%1h0.02435+2.225%$1K$58K5.5xas long as short
Aster NIGHTUSDT+0.0100%4h0.02381−0.058%$16K$42K10xas long as short
Binance NIGHTUSDT+0.0100%4h0.02379−0.126%$5.2M$6.6M50xas long as short
Bybit NIGHTUSDT+0.0100%4h0.02381−0.042%$1.9M$1.1M50xas long as short
OKX NIGHT-USDT-SWAP+0.0100%4h0.02379−0.113%$1.6M$2.0M20xas long as short
Gate NIGHT_USDT+0.0100%8h0.02379−0.126%$216K$220K20xas long as short
KuCoin NIGHTUSDTM+0.0100%4h0.02381−0.056%$1.3M$5.4M50xas long as short
Bitget NIGHTUSDT+0.0100%4h0.02381−0.042%$641K$451K25xas long as short
SunX NIGHT-USDTshort+0.0100%4h0.02377−0.210%$2K$1.9M20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NIGHT-USDT+0.0108%4h0.02380−0.084%$6.6Mas long as short
BloFin NIGHT-USDTlong+0.0109%4h0.02382long leg$272K$43K50x
MEXC NIGHT_USDT+0.0216%4h0.02379−0.126%$761K$455K100xas long as short
Deribit NIGHT_USDC-PERPETUAL+0.0590%1h0.02382−0.013%$98$9910xas long as short
Kraken Futures PF_NIGHTUSD+0.5928%1h0.02354−1.166%$63K$62K25xas long as short