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: OKX against SunX−0.066%7-day average −0.073% · 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−0.066%−$7 on $10k
Price spread, last 3 days (all we have)−0.195%−$19 · spread now −0.066%, 7d avg −0.073%
Together, before fees−0.261%−$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NIGHT-USDT0.024320.0100pay 0.0050% / 4h3h 39m$1K$1.9M20x
ShortOKX NIGHT-USDT-SWAP0.024300.0100get 0.0050% / 4h3h 39m$1.6M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.066% → −0.073%
$0.69
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$17.31
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; OKX: 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, 6 min ago511.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.47 bp36.7 bp −$37doesn't fitdoesn'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%1h0.02180−10.354%$1K50xas long as short
Kraken Futures PF_NIGHTUSD−0.5810%1h0.02423−0.369%$63K$61K25xas long as short
Injective NIGHT/USDC PERP+0.0033%1h0.02435+0.123%$1K$58K5.5xas long as short
BloFin NIGHT-USDT+0.0061%4h0.02437+0.206%$288K$46K50xas long as short
Aster NIGHTUSDT+0.0100%4h0.02434+0.073%$27K$35K10xas long as short
Binance NIGHTUSDT+0.0100%4h0.02432+0.016%$5.4M$6.6M50xas long as short
Bybit NIGHTUSDT+0.0100%4h0.02434+0.082%$2.0M$1.0M50xas long as short
OKX NIGHT-USDT-SWAPshort+0.0100%4h0.02430−0.066%$1.6M$1.8M20x
Gate NIGHT_USDT+0.0100%8h0.02435+0.123%$225K$205K20xas long as short
KuCoin NIGHTUSDTM+0.0100%4h0.02434+0.092%$1.4M$5.2M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NIGHTUSDT+0.0100%4h0.02433+0.041%$650K$394K25xas long as short
SunX NIGHT-USDTlong+0.0100%4h0.02432long leg$1K$1.9M20x
BingX NIGHT-USDT+0.0120%4h0.02431−0.041%$6.6Mas long as short
MEXC NIGHT_USDT+0.0238%4h0.024320.000%$883K$457K100xas long as short
Deribit NIGHT_USDC-PERPETUAL+0.1722%1h0.02438+0.263%$100$9910xas long as short