NIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.046%

Price spread now: MEXC against SunX−0.082%7-day average −0.035% · you buy dearer than you sell

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.285%+$28 on $10k

Price spread, last 3 days (all we have)−0.135%−$14 · spread now −0.082%, 7d avg −0.035%

Together, before fees+0.149%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.047% cheaper against SunX than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.035%). If the spread goes back, that is −$5 on $10k: about 27 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NIGHT-USDT	0.02432	0.0100	pay 0.0050% / 4h	3h 39m	$1K	$1.9M	20x
Short	MEXC NIGHT_USDT	0.02430	0.0238	get 0.0119% / 4h	3h 39m	$882K	$457K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.082%Rate

Funding earned: $28.98
Price spread: −0.082% → −0.035%: −$4.72
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: $12.26
Costs to cover: 0.120%
Break-even: 4.0 days

Slippage unknown: SunX: live order book, 7 min ago; MEXC: live order book, 27 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, 7 min ago	511.40 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 27 min ago	2.06 bp	18.6 bp −$19	79.3 bp −$793	307.4 bp −$30.7K	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	−2.3328%	1h	0.02180	−10.354%	$1K	—	50x	as long as short
Kraken Futures PF_NIGHTUSD	−0.5815%	1h	0.02421	−0.461%	$63K	$61K	25x	as long as short
Injective NIGHT/USDC PERP	+0.0033%	1h	0.02435	+0.123%	$1K	$58K	5.5x	as long as short
Aster NIGHTUSDT	+0.0100%	4h	0.02431	−0.035%	$27K	$35K	10x	as long as short
Binance NIGHTUSDT	+0.0100%	4h	0.02429	−0.123%	$5.4M	$6.5M	50x	as long as short
Bybit NIGHTUSDT	+0.0100%	4h	0.02431	−0.041%	$2.0M	$1.0M	50x	as long as short
OKX NIGHT-USDT-SWAP	+0.0100%	4h	0.02428	−0.164%	$1.6M	$1.8M	20x	as long as short
Gate NIGHT_USDT	+0.0100%	8h	0.02432	0.000%	$225K	$205K	20x	as long as short
KuCoin NIGHTUSDTM	+0.0100%	4h	0.02431	−0.049%	$1.4M	$5.2M	50x	as long as short
Bitget NIGHTUSDT	+0.0100%	4h	0.02431	−0.041%	$649K	$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	0.02432	long leg	$1K	$1.9M	20x
BingX NIGHT-USDT	+0.0120%	4h	0.02428	−0.164%	—	$6.6M	—	as long as short
BloFin NIGHT-USDT	+0.0145%	4h	0.02437	+0.206%	$288K	$46K	50x	as long as short
MEXC NIGHT_USDTshort	+0.0238%	4h	0.02430	−0.082%	$882K	$457K	100x
Deribit NIGHT_USDC-PERPETUAL	+0.0902%	1h	0.02433	+0.053%	$100	$99	10x	as long as short