NIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against SunX−0.042%55s7-day average −0.006% · you buy dearer than you sell

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

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.042%, 7d avg −0.006%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.036% cheaper against SunX than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of −0.006%). If the spread goes back, that is −$4 on $10k: about 9.9 days of funding at the current rate ($0 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NIGHT-USDT	0.02393	0.0100	pay 0.0050% / 4h	2h 37m	$1K	$1.9M	20x
Short	BloFin NIGHT-USDT	0.02392	0.0112	get 0.0056% / 4h	2h 37m	$215K	$44K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.042%Rate

Funding earned: $2.52
Price spread: −0.042% → −0.006%: −$3.56
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$21.04
Costs to cover: 0.200%
Break-even: 65.4 days

Slippage unknown: SunX: live order book, 8 min ago; BloFin: live order book, 52 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, 8 min ago	501.77 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 52 min ago	6.18 bp	44.3 bp −$44	279.2 bp −$2,792	doesn't fit	doesn't fit

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	−2.2072%	1h	0.02239	−6.444%	$1K	$74	50x	as long as short
Injective NIGHT/USDC PERP	+0.0033%	1h	0.02435	+1.755%	$1K	$58K	5.5x	as long as short
Aster NIGHTUSDT	+0.0100%	4h	0.02394	+0.053%	$23K	$35K	10x	as long as short
Binance NIGHTUSDT	+0.0100%	4h	0.02393	0.000%	$5.2M	$6.5M	50x	as long as short
Bybit NIGHTUSDT	+0.0100%	4h	0.02394	+0.042%	$2.0M	$1.0M	50x	as long as short
OKX NIGHT-USDT-SWAP	+0.0100%	4h	0.02393	+0.004%	$1.6M	$1.9M	20x	as long as short
Gate NIGHT_USDT	+0.0100%	8h	0.02394	+0.042%	$219K	$216K	20x	as long as short
KuCoin NIGHTUSDTM	+0.0100%	4h	0.02392	−0.040%	$1.3M	$5.3M	50x	as long as short
Bitget NIGHTUSDT	+0.0100%	4h	0.02394	+0.042%	$658K	$434K	25x	as long as short
SunX NIGHT-USDTlong	+0.0100%	4h	0.02393	long leg	$1K	$1.9M	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin NIGHT-USDTshort	+0.0112%	4h	0.02392	−0.042%	$215K	$44K	50x
BingX NIGHT-USDT	+0.0126%	4h	0.02393	0.000%	—	$6.6M	—	as long as short
MEXC NIGHT_USDT	+0.0250%	4h	0.02393	0.000%	$767K	$454K	100x	as long as short
Deribit NIGHT_USDC-PERPETUAL	+0.0544%	1h	0.02395	+0.088%	$98	$99	10x	as long as short
Kraken Futures PF_NIGHTUSD	+1.1595%	1h	0.02399	+0.264%	$64K	$61K	25x	as long as short