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 Bybit+0.087%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1851.845% 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−0.130%−$13 · spread now +0.087%, 7d avg −0.038%
Together, before fees−0.130%−$13 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 0.125% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KNCUSDT0.14960.0100pay 0.0100% / 8h4h 29m$812K$228K25x
ShortBingX KNC-USDT0.14970.0100get 0.0100% / 8h4h 29m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.087% → −0.038%
$12.47
Slippage, 4 orders
−$163.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$172.04
Costs to cover
1.845%
Break-even
never at this rate
Slippage from Bybit: live order book, 26 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 Bybit live order book, 26 min ago9.67 bp66.3 bp −$661307.7 bp −$13.1Kdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago13.36 bp31.7 bp −$3296.2 bp −$962414.8 bp −$41.5K494.7 bp −$247.4K

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%8h0.1497+0.078%$1K$3055xas long as short
Binance KNCUSDT+0.0100%8h0.1499+0.221%$1.7M$1.4M50xas long as short
Bybit KNCUSDTlong+0.0100%8h0.1496long leg$812K$228K25x
Gate KNC_USDT+0.0100%8h0.1497+0.087%$70K$16K50xas long as short
MEXC KNC_USDT+0.0100%8h0.1498+0.154%$332K$133K50xas long as short
KuCoin KNCUSDTM+0.0100%8h0.1496+0.020%$274K$66K30xas long as short
Bitget KNCUSDT+0.0100%8h0.1498+0.154%$407K$180K50xas long as short
BingX KNC-USDTshort+0.0100%8h0.1497+0.087%$2.3M
Variational Omni KNC+0.0100%8h0.1498+0.163%$10K$998as long as short