Funding arb · Price arb /

NIGHT

all NIGHT markets

Swap Backtest

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 −0.004%

Price spread now: Aster against SunX+0.160%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.160% dearer against SunX than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NIGHT-USDT	0.02430	0.0100	pay 0.0050% / 4h	3h 43m	$2K	$2.0M	20x
Short	Aster NIGHTUSDT	0.02434	0.0100	get 0.0050% / 4h	3h 43m	$27K	$35K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now +0.160%Rate

Funding earned: $0
Price spread: +0.160% → 0.000%: $16.02
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: $0.02
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: SunX: live order book, 2 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 SunX live order book, 2 min ago	511.40 bp	doesn't fit	doesn't fit	doesn't fit	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	−10.280%	$1K	—	50x	as long as short
Kraken Futures PF_NIGHTUSD	−0.5815%	1h	0.02421	−0.369%	$63K	$62K	25x	as long as short
Injective NIGHT/USDC PERP	+0.0033%	1h	0.02435	+0.206%	$1K	$58K	5.5x	as long as short
Aster NIGHTUSDTshort	+0.0100%	4h	0.02434	+0.160%	$27K	$35K	10x
Binance NIGHTUSDT	+0.0100%	4h	0.02432	+0.082%	$5.4M	$6.6M	50x	as long as short
Bybit NIGHTUSDT	+0.0100%	4h	0.02434	+0.165%	$2.0M	$1.0M	50x	as long as short
OKX NIGHT-USDT-SWAP	+0.0100%	4h	0.02432	+0.066%	$1.6M	$1.8M	20x	as long as short
Gate NIGHT_USDT	+0.0100%	8h	0.02434	+0.165%	$225K	$205K	20x	as long as short
KuCoin NIGHTUSDTM	+0.0100%	4h	0.02432	+0.095%	$1.4M	$5.2M	50x	as long as short
Bitget NIGHTUSDT	+0.0100%	4h	0.02433	+0.123%	$650K	$395K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NIGHT-USDTlong	+0.0100%	4h	0.02430	long leg	$2K	$2.0M	20x
BingX NIGHT-USDT	+0.0120%	4h	0.02432	+0.082%	—	$6.6M	—	as long as short
BloFin NIGHT-USDT	+0.0132%	4h	0.02432	+0.082%	$287K	$47K	50x	as long as short
MEXC NIGHT_USDT	+0.0238%	4h	0.02430	0.000%	$882K	$457K	100x	as long as short
Deribit NIGHT_USDC-PERPETUAL	+0.2175%	1h	0.02438	+0.346%	$100	$99	10x	as long as short