Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.027%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1831.834% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.027%, 7d avg +0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.093% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KNCUSDT | 0.1484 | 0.0100 | pay 0.0100% / 8h | 1h 51m | $1.7M | $1.5M | 50x |
| Short | Bybit KNCUSDT | 0.1483 | 0.0100 | get 0.0100% / 8h | 1h 51m | $809K | $242K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.027% → +0.066%
- −$9.33
- Slippage, 4 orders
- −$162.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$192.72
- Costs to cover
- 1.834%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 28 min ago.
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 Binance live order book, 12 min ago | 3.38 bp | 20.6 bp −$21 | 164.0 bp −$1,640 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 28 min ago | 3.36 bp | 74.4 bp −$74 | 279.1 bp −$2,791 | doesn't fit | doesn't fit |
KNC on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate KNC_USDT | −0.0136% | 8h | 0.1485 | +0.101% | $71K | $16K | 50x | as long as short |
| Aster KNCUSDT | +0.0100% | 8h | 0.1484 | +0.060% | $1K | $305 | 5x | as long as short |
| Binance KNCUSDTlong | +0.0100% | 8h | 0.1484 | long leg | $1.7M | $1.5M | 50x | |
| Bybit KNCUSDTshort | +0.0100% | 8h | 0.1483 | −0.027% | $809K | $242K | 25x | |
| MEXC KNC_USDT | +0.0100% | 8h | 0.1483 | −0.034% | $346K | $128K | 50x | as long as short |
| KuCoin KNCUSDTM | +0.0100% | 8h | 0.1485 | +0.101% | $296K | $58K | 30x | as long as short |
| Bitget KNCUSDT | +0.0100% | 8h | 0.1484 | +0.033% | $365K | $195K | 50x | as long as short |
| BingX KNC-USDT | +0.0100% | 8h | 0.1486 | +0.168% | — | $2.3M | — | as long as short |
| Variational Omni KNC | +0.0100% | 8h | 0.1486 | +0.173% | $10K | $1K | — | as long as short |
Binance KNCUSDT
Bybit KNCUSDT
Gate KNC_USDT
Aster KNCUSDT
MEXC KNC_USDT
KuCoin KNCUSDTM
Bitget KNCUSDT
BingX KNC-USDT
Variational Omni KNC