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: BingX against Bitget−0.066%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1081.081% 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 4 days (all we have)+0.139%+$14 · spread now −0.066%, 7d avg −0.012%
Together, before fees+0.139%+$14 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: BingX is 0.054% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KNCUSDT0.15060.0100pay 0.0100% / 8h5h 19m$409K$181K50x
ShortBingX KNC-USDT0.15050.0100get 0.0100% / 8h5h 19m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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% → −0.012%
−$5.44
Slippage, 4 orders
−$86.14
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$113.58
Costs to cover
1.081%
Break-even
never at this rate
Slippage from Bitget: live order book, 36 min ago; BingX: live order book, 3 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 Bitget live order book, 36 min ago6.67 bp21.3 bp −$2199.1 bp −$991doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago9.97 bp29.1 bp −$2994.0 bp −$940409.1 bp −$40.9K487.4 bp −$243.7K

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%8h0.1504−0.107%$1K$3055xas long as short
Binance KNCUSDT+0.0100%8h0.1504−0.102%$1.7M$1.4M50xas long as short
Bybit KNCUSDT+0.0100%8h0.1505−0.040%$821K$227K25xas long as short
Gate KNC_USDT+0.0100%8h0.1504−0.133%$72K$16K50xas long as short
MEXC KNC_USDT+0.0100%8h0.1504−0.133%$346K$132K50xas long as short
KuCoin KNCUSDTM+0.0100%8h0.1504−0.133%$277K$66K30xas long as short
Bitget KNCUSDTlong+0.0100%8h0.1506long leg$409K$181K50x
BingX KNC-USDTshort+0.0100%8h0.1505−0.066%$2.3M
Variational Omni KNC+0.0100%8h0.1506+0.018%$10K$998as long as short