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 Bitget−0.040%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2072.068% 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)+0.285%+$29 · spread now −0.040%, 7d avg +0.011%
Together, before fees+0.285%+$29 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 Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KNCUSDT0.15060.0100pay 0.0100% / 8h5h 20m$409K$181K50x
ShortBybit KNCUSDT0.15050.0100get 0.0100% / 8h5h 20m$821K$227K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.040% → +0.011%
−$5.12
Slippage, 4 orders
−$183.83
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$211.95
Costs to cover
2.068%
Break-even
never at this rate
Slippage from Bitget: live order book, 35 min ago; Bybit: live order book, 40 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, 35 min ago6.67 bp21.3 bp −$2199.1 bp −$991doesn't fitdoesn't fit
Sell Bybit live order book, 40 min ago6.68 bp74.0 bp −$74320.9 bp −$3,209doesn'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%8h0.1504−0.103%$1K$3055xas long as short
Binance KNCUSDT+0.0100%8h0.1505−0.082%$1.7M$1.4M50xas long as short
Bybit KNCUSDTshort+0.0100%8h0.1505−0.040%$821K$227K25x
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-USDT+0.0100%8h0.15060.000%$2.3Mas long as short
Variational Omni KNC+0.0100%8h0.1506+0.018%$10K$998as long as short