NIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.008%

Price spread now: BingX against SunX+0.082%7-day average −0.047% · you sell dearer than you buy

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

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 3 days (all we have)−0.274%−$27 · spread now +0.082%, 7d avg −0.047%

Together, before fees−0.234%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.129% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NIGHT-USDT	0.02433	0.0100	pay 0.0050% / 4h	3h 42m	$1K	$2.0M	20x
Short	BingX NIGHT-USDT	0.02435	0.0120	get 0.0060% / 4h	3h 42m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.082%Rate

Funding earned: $4.2
Price spread: +0.082% → −0.047%: $12.92
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$0.88
Costs to cover: 0.180%
Break-even: 8.5 days

Slippage unknown: SunX: live order book, 3 min ago; BingX: live order book, 4 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 SunX live order book, 3 min ago	511.40 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	6.16 bp	28.3 bp −$28	94.1 bp −$941	964.6 bp −$96.5K	1366.0 bp −$683.0K

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	−10.390%	$1K	—	50x	as long as short
Kraken Futures PF_NIGHTUSD	−0.5815%	1h	0.02421	−0.489%	$63K	$62K	25x	as long as short
Injective NIGHT/USDC PERP	+0.0033%	1h	0.02435	+0.082%	$1K	$58K	5.5x	as long as short
Aster NIGHTUSDT	+0.0100%	4h	0.02436	+0.113%	$27K	$35K	10x	as long as short
Binance NIGHTUSDT	+0.0100%	4h	0.02436	+0.123%	$5.4M	$6.6M	50x	as long as short
Bybit NIGHTUSDT	+0.0100%	4h	0.02436	+0.123%	$2.0M	$1.0M	50x	as long as short
OKX NIGHT-USDT-SWAP	+0.0100%	4h	0.02434	+0.053%	$1.6M	$1.8M	20x	as long as short
Gate NIGHT_USDT	+0.0100%	8h	0.02435	+0.082%	$225K	$205K	20x	as long as short
KuCoin NIGHTUSDTM	+0.0100%	4h	0.02435	+0.079%	$1.4M	$5.2M	50x	as long as short
Bitget NIGHTUSDT	+0.0100%	4h	0.02436	+0.123%	$651K	$394K	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	0.02433	long leg	$1K	$2.0M	20x
BingX NIGHT-USDTshort	+0.0120%	4h	0.02435	+0.082%	—	$6.6M	—
BloFin NIGHT-USDT	+0.0146%	4h	0.02432	−0.041%	$287K	$46K	50x	as long as short
MEXC NIGHT_USDT	+0.0238%	4h	0.02435	+0.082%	$884K	$457K	100x	as long as short
Deribit NIGHT_USDC-PERPETUAL	+0.2213%	1h	0.02442	+0.362%	$100	$99	10x	as long as short