Funding you earn now, next payment 04:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.75 per $10,000 · paid last 24h −0.050%
Price spread now: Aster against MEXC+0.103%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.103% dearer against MEXC than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIGHT_USDT | 0.02413 | 0.0250 | pay 0.0125% / 4h | 28m 54s | $780K | $460K | 100x |
| Short | Aster NIGHTUSDT | 0.02415 | 0.0100 | get 0.0050% / 4h | 28m 54s | $27K | $35K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- −$31.5
- Price spread: +0.103% → 0.000%
- $10.29
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$33.21
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 22 min ago; Aster: no order-book sample. 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 MEXC live order book, 22 min ago | 2.08 bp | 14.2 bp −$14 | 80.0 bp −$800 | 321.8 bp −$32.2K | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −2.3328% | 1h | 0.02180 | −9.648% | $1K | — | 50x | as long as short |
| Injective NIGHT/USDC PERP | +0.0033% | 1h | 0.02435 | +0.912% | $1K | $58K | 5.5x | as long as short |
| BloFin NIGHT-USDT | +0.0052% | 4h | 0.02419 | +0.249% | $284K | $42K | 50x | as long as short |
| Deribit NIGHT_USDC-PERPETUAL | +0.0081% | 1h | 0.02420 | +0.269% | $99 | $99 | 10x | as long as short |
| Aster NIGHTUSDTshort | +0.0100% | 4h | 0.02415 | +0.103% | $27K | $35K | 10x | |
| Binance NIGHTUSDT | +0.0100% | 4h | 0.02413 | 0.000% | $5.3M | $6.5M | 50x | as long as short |
| Bybit NIGHTUSDT | +0.0100% | 4h | 0.02415 | +0.083% | $2.0M | $1.0M | 50x | as long as short |
| OKX NIGHT-USDT-SWAP | +0.0100% | 4h | 0.02413 | +0.008% | $1.6M | $1.9M | 20x | as long as short |
| Gate NIGHT_USDT | +0.0100% | 8h | 0.02415 | +0.083% | $222K | $199K | 20x | as long as short |
| KuCoin NIGHTUSDTM | +0.0100% | 4h | 0.02418 | +0.207% | $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 | 0.02415 | +0.083% | $646K | $393K | 25x | as long as short |
| SunX NIGHT-USDT | +0.0100% | 4h | 0.02417 | +0.166% | $1K | $1.9M | 20x | as long as short |
| BingX NIGHT-USDT | +0.0126% | 4h | 0.02412 | −0.041% | — | $6.6M | — | as long as short |
| MEXC NIGHT_USDTlong | +0.0250% | 4h | 0.02413 | long leg | $780K | $460K | 100x | |
| Kraken Futures PF_NIGHTUSD | +1.8814% | 1h | 0.02442 | +1.209% | $65K | $61K | 25x | as long as short |
MEXC NIGHT_USDT
Aster NIGHTUSDT
Coinbase International NIGHT-PERP-INTX
Injective NIGHT/USDC PERP
BloFin NIGHT-USDT
Deribit NIGHT_USDC-PERPETUAL
Binance NIGHTUSDT
Bybit NIGHTUSDT
OKX NIGHT-USDT-SWAP
Gate NIGHT_USDT
KuCoin NIGHTUSDTM
Bitget NIGHTUSDT
SunX NIGHT-USDT
BingX NIGHT-USDT
Kraken Futures PF_NIGHTUSD