Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.150%
Price spread now: Binance against Backpack+0.068%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.593%−$59 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.068% dearer against Backpack than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KMNO_USDC_PERP | 0.03331 | 0.0100 | pay 0.0013% / 1h | 32m 56s | $84K | $64K | 5x |
| Short | Binance KMNOUSDT | 0.03334 | 0.0100 | get 0.0050% / 4h | 3h 32m | $3.4M | $24.2M | 50x |
Backpack KMNO_USDC_PERP
Binance KMNOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.068% → 0.000%
- $6.81
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$13.19
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 1.50 bp | 26.9 bp −$27 | 100.1 bp −$1,001 | doesn't fit | doesn't fit |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
KMNO on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KMNOUSDTshort | +0.0100% | 4h | 0.03334 | +0.068% | $3.4M | $24.2M | 50x | |
| Bybit KMNOUSDT | +0.0100% | 4h | 0.03330 | −0.042% | $1.5M | $3.8M | 25x | as long as short |
| OKX KMNO-USDT-SWAP | +0.0100% | 4h | 0.03332 | +0.018% | $605K | $6.3M | 20x | as long as short |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03332 | +0.018% | $137K | $255K | 50x | as long as short |
| MEXC KMNO_USDT | +0.0100% | 4h | 0.03334 | +0.078% | $968K | $909K | 125x | as long as short |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03334 | +0.078% | $848K | $2.4M | 50x | as long as short |
| BingX KMNO-USDT | +0.0100% | 4h | 0.03333 | +0.048% | — | $1.4M | — | as long as short |
| Backpack KMNO_USDC_PERPlong | +0.0100% | 1h | 0.03331 | long leg | $84K | $64K | 5x | |
| Variational Omni KMNO | +0.0100% | 4h | 0.03343 | +0.361% | $27K | $89K | — | as long as short |
| BloFin KMNO-USDT | +0.0106% | 4h | 0.03325 | −0.192% | $134K | $46K | 50x | as long as short |
Bybit KMNOUSDT
OKX KMNO-USDT-SWAP
Gate KMNO_USDT
MEXC KMNO_USDT
Bitget KMNOUSDT
BingX KMNO-USDT
Variational Omni KMNO
BloFin KMNO-USDT