Settings8H · net · $10k
Funding arb · Price arb /

KNC

all KNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.013%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1901.904% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.013%, 7d avg +0.037%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.051% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KNC-USDT0.14860.0100pay 0.0100% / 8h3h 33m$2.3M
ShortBybit KNCUSDT0.14860.0100get 0.0100% / 8h3h 33m$797K$244K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: −0.013% → +0.037%
−$5.07
Slippage, 4 orders
−$169.4
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$195.46
Costs to cover
1.904%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Bybit: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 15 min ago6.69 bp26.6 bp −$2786.7 bp −$867453.3 bp −$45.3K496.2 bp −$248.1K
Sell Bybit live order book, 16 min ago4.02 bp52.6 bp −$53748.3 bp −$7,483doesn't fitdoesn't fit

KNC on 9 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
Aster KNCUSDT+0.0100%8h0.1485−0.053%$1K$3055xas long as short
Binance KNCUSDT+0.0100%8h0.1485−0.036%$1.7M$1.4M50xas long as short
Bybit KNCUSDTshort+0.0100%8h0.1486−0.013%$797K$244K25x
Gate KNC_USDT+0.0100%8h0.1485−0.067%$70K$16K50xas long as short
MEXC KNC_USDT+0.0100%8h0.1485−0.067%$329K$133K50xas long as short
KuCoin KNCUSDTM+0.0100%8h0.1484−0.135%$270K$65K30xas long as short
Bitget KNCUSDT+0.0100%8h0.1485−0.067%$404K$171K50xas long as short
BingX KNC-USDTlong+0.0100%8h0.1486long leg$2.3M
Variational Omni KNC+0.0100%8h0.1489+0.208%$10K$998as long as short