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: Bitget against MEXC0.000%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now 0.000%, 7d avg +0.041%
Together, before fees−0.012%−$1 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: Bitget is 0.041% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC KNC_USDT0.14980.0100pay 0.0100% / 8h4h 29m$332K$133K50x
ShortBitget KNCUSDT0.14980.0100get 0.0100% / 8h4h 29m$407K$180K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: 0.000% → +0.041%
−$4.14
Slippage, 4 orders
−$45.33
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$65.47
Costs to cover
0.613%
Break-even
never at this rate
Slippage from MEXC: live order book, 11 min ago; Bitget: live order book, 21 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 MEXC live order book, 11 min ago3.35 bp9.9 bp −$1047.0 bp −$470215.8 bp −$21.6K427.3 bp −$213.7K
Sell Bitget live order book, 21 min ago6.68 bp25.4 bp −$2592.4 bp −$924doesn'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%8h0.1497−0.059%$1K$3055xas long as short
Binance KNCUSDT+0.0100%8h0.1499+0.066%$1.7M$1.4M50xas long as short
Bybit KNCUSDT+0.0100%8h0.1496−0.154%$812K$228K25xas long as short
Gate KNC_USDT+0.0100%8h0.1497−0.067%$70K$16K50xas long as short
MEXC KNC_USDTlong+0.0100%8h0.1498long leg$332K$133K50x
KuCoin KNCUSDTM+0.0100%8h0.1496−0.134%$274K$66K30xas long as short
Bitget KNCUSDTshort+0.0100%8h0.14980.000%$407K$180K50x
BingX KNC-USDT+0.0100%8h0.1497−0.067%$2.3Mas long as short
Variational Omni KNC+0.0100%8h0.1498+0.009%$10K$998as long as short