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

NIGHT

all NIGHT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against SunX0.000%7-day average +0.011% · you sell dearer than you buy
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−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.282%−$28 · spread now 0.000%, 7d avg +0.011%
Together, before fees−0.301%−$30 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NIGHT-USDT0.024000.0100pay 0.0050% / 4h2h 43m$1K$1.9M20x
ShortBitget NIGHTUSDT0.024000.0100get 0.0050% / 4h2h 43m$664K$431K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → +0.011%
−$1.1
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$21.1
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago501.77 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.08 bp20.6 bp −$21136.2 bp −$1,362doesn'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−2.2072%1h0.02239−6.717%$1K$7450xas long as short
Injective NIGHT/USDC PERP+0.0033%1h0.02435+1.458%$1K$58K5.5xas long as short
Aster NIGHTUSDT+0.0100%4h0.024000.000%$27K$35K10xas long as short
Binance NIGHTUSDT+0.0100%4h0.02397−0.109%$5.2M$6.5M50xas long as short
Bybit NIGHTUSDT+0.0100%4h0.02399−0.042%$2.0M$1.0M50xas long as short
OKX NIGHT-USDT-SWAP+0.0100%4h0.02397−0.133%$1.6M$1.9M20xas long as short
Gate NIGHT_USDT+0.0100%8h0.024000.000%$219K$216K20xas long as short
KuCoin NIGHTUSDTM+0.0100%4h0.02398−0.063%$1.4M$5.2M50xas long as short
Bitget NIGHTUSDTshort+0.0100%4h0.024000.000%$664K$431K25x
SunX NIGHT-USDTlong+0.0100%4h0.02400long leg$1K$1.9M20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NIGHT-USDT+0.0126%4h0.02398−0.083%$6.6Mas long as short
BloFin NIGHT-USDT+0.0149%4h0.02398−0.083%$279K$44K50xas long as short
MEXC NIGHT_USDT+0.0250%4h0.02398−0.083%$783K$452K100xas long as short
Deribit NIGHT_USDC-PERPETUAL+0.0792%1h0.02402+0.087%$98$9910xas long as short
Kraken Futures PF_NIGHTUSD+1.1551%1h0.02408+0.352%$64K$61K25xas long as short