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 KuCoin+0.134%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$347as in the Price arb table
costs, in and out, $10k−$3633.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.134%, 7d avg −0.029%
Together, before fees−0.142%−$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 0.163% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KNCUSDTM0.14910.0100pay 0.0100% / 8h4h 26m$273K$66K30x
ShortBingX KNC-USDT0.14930.0100get 0.0100% / 8h4h 26m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: +0.134% → −0.029%
$16.29
Slippage, 4 orders
−$341.19
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$346.9
Costs to cover
3.632%
Break-even
never at this rate
Slippage from KuCoin: live order book, 55 min ago; BingX: live order book, 6 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 KuCoin live order book, 55 min ago16.63 bp158.2 bp −$158doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 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%8h0.1494+0.178%$1K$3055xas long as short
Binance KNCUSDT+0.0100%8h0.1492+0.037%$1.7M$1.4M50xas long as short
Bybit KNCUSDT+0.0100%8h0.1492+0.040%$811K$230K25xas long as short
Gate KNC_USDT+0.0100%8h0.1494+0.201%$70K$16K50xas long as short
MEXC KNC_USDT+0.0100%8h0.14910.000%$330K$133K50xas long as short
KuCoin KNCUSDTMlong+0.0100%8h0.1491long leg$273K$66K30x
Bitget KNCUSDT+0.0100%8h0.1493+0.134%$406K$181K50xas long as short
BingX KNC-USDTshort+0.0100%8h0.1493+0.134%$2.3M
Variational Omni KNC+0.0100%8h0.1498+0.479%$10K$998as long as short