NIGHT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowNIGHT-USDC	0.03666	+0.0100	pay 0.0013% / 1h	57m 07s	$7K	$59K	20x	Long TxFlow5% off
SHORT	Kraken FuturesPF_NIGHTUSD	0.03677	+0.0426	get 0.0053% / 1h	57m 07s	$148K	$314K	20x	Short Kraken Futures

Price gap+0.296%

Funding gap+0.0326% /8h

Both sides work: funding pays +$10 a day on $10k, and the gap is 0.296% above zero (no 7-day history yet): +$30 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$105+0.0326% /8h now · paid −1.054% over the last 7D

Price—spread +0.296% now · no price history on both exchanges yet

Costsno datano order book for TxFlow

Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.296%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NIGHT on 15 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for TxFlow: its slippage is not counted.
Note: Margin at max leverage$500 + $500
TxFlow 20x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$9.78Long TxFlow: 24 payments, −$3.00; short Kraken Futures: 24 payments, +$12.78.
Note: No 7-day spread history+0.296%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$7K vs $148K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCTxFlow No · Kraken Futures Yes
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0502%/8h × 21 periods−$105.39

Price spread+0.296% → 0+$29.61

Slippage, 4 ordersno data for TxFlow—

Fee TxFlow bp × 2 orders−$9.00

Fee Kraken Futures bp × 2 orders−$10.00

Net, fees only · 7 days · $10k−$94.78

Costs to cover0.190%Break-evenfrom the start

Slippage: TxFlow: no order-book sample; Kraken Futures: live order book, 39 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow—————

SELL · SHORTKraken Futures9.4721.9 bp−$22171.4 bp−$1,714doesn’t fitdoesn’t fit

Closing costs about the same again.
TxFlow: no data.

NIGHT news

posts that mention NIGHT, from every exchangeSearch all news →

10-01 14:01	StandX	Other	Big thanks to @071_labs for hosting PERPDEX NIGHT in Seoul! Great to share the stage with @risechain and @TurboFlow_xyz, and even better to see so many traders and community members getting involved in the live battles and challenges. Thanks to everyone who joined us. Safe to say StandX is long Korea 🇰🇷 @StandX_Official on X ↗
09-30 08:24	StandX	Other	Luma link for PerpDEX NIGHT in Seoul tomorrow with @risechain, @TurboFlow_xyz and @071_labs ➡️ @StandX_Official on X ↗
09-30 08:24	StandX	Other	Japan → Seoul → Singapore Join us at @kbwofficial in Korea tomorrow for PERPDEX NIGHT, then meet the team at #TOKEN2049 Singapore. DMs are open if you want to connect 🧍🧍‍♂️ @StandX_Official on X ↗
09-25 08:35	StandX	Other	PERPDEX NIGHT is coming to Seoul 🇰🇷 October 1st, 6:00 to 9:30 PM. If you’re in Korea, come meet us there for trading battles, market insights and more with @071_labs, @risechain and @TurboFlow_xyz. @StandX_Official on X ↗
09-18 10:04	Deribit	Listing	🚨 Now live on Deribit: MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
09-17 15:30	Deribit	Listing	🚨 More new perpetual futures are coming to Deribit We are pleased to announce that tomorrow, September 18, 2026, at 10:00 AM UTC, Deribit is launching a new lineup of USDC-settled perpetuals. MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM Contract details: 🔹Settlement: USDC 🔹All contract details and specifications 🔽 Please note that these newly listed perpetual contracts are subject to our Auto-Deleveraging Mechanism (ADL) and are covered by the Liquidity Support Program (LSP). By trading any of the products listed above, you acknowledge and agree that the terms of ADL and LSP will apply. @DeribitOfficial on X ↗