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

NIGHT

all NIGHT markets
SwapBacktest
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 SunX−0.041%7-day average −0.036% · 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−0.005%−$1 on $10k
Price spread, last 4 days (all we have)−0.911%−$91 · spread now −0.041%, 7d avg −0.036%
Together, before fees−0.916%−$92 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NIGHT-USDT0.024380.0100pay 0.0050% / 4h1h 17m$1K$1.9M20x
ShortBinance NIGHTUSDT0.024370.0100get 0.0050% / 4h1h 17m$5.4M$6.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$0
Price spread: −0.041% → −0.036%
−$0.49
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18.49
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 9 min ago; Binance: live order book, 6 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 SunX live order book, 9 min ago501.64 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago2.05 bp24.5 bp −$24154.1 bp −$1,541doesn'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−2.3328%1h0.02180−10.574%$1K50xas long as short
Injective NIGHT/USDC PERP+0.0033%1h0.02435−0.123%$1K$58K5.5xas long as short
Aster NIGHTUSDT+0.0100%4h0.02437−0.042%$27K$35K10xas long as short
Binance NIGHTUSDTshort+0.0100%4h0.02437−0.041%$5.4M$6.5M50x
Bybit NIGHTUSDT+0.0100%4h0.02437−0.041%$2.0M$1.0M50xas long as short
OKX NIGHT-USDT-SWAP+0.0100%4h0.02436−0.066%$1.6M$1.9M20xas long as short
Gate NIGHT_USDT+0.0100%8h0.02436−0.082%$224K$204K20xas long as short
KuCoin NIGHTUSDTM+0.0100%4h0.02439+0.038%$1.4M$5.2M50xas long as short
Bitget NIGHTUSDT+0.0100%4h0.02439+0.041%$653K$399K25xas long as short
SunX NIGHT-USDTlong+0.0100%4h0.02438long leg$1K$1.9M20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NIGHT-USDT+0.0126%4h0.02437−0.041%$6.6Mas long as short
BloFin NIGHT-USDT+0.0131%4h0.02442+0.164%$288K$42K50xas long as short
MEXC NIGHT_USDT+0.0250%4h0.02437−0.041%$810K$458K100xas long as short
Deribit NIGHT_USDC-PERPETUAL+0.0694%1h0.02440+0.070%$100$9910xas long as short
Kraken Futures PF_NIGHTUSD+0.5562%1h0.02444+0.256%$64K$60K25xas long as short