Settings8H · net · $10k
Funding arb · Price arb /

KMNO

all KMNO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.157%
Price spread now: BingX against Backpack+0.021%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.422%−$42 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.021% dearer against Backpack than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack KMNO_USDC_PERP0.033550.0100pay 0.0013% / 1h30m 54s$85K$67K5x
ShortBingX KMNO-USDT0.033560.0100get 0.0050% / 4h30m 54s$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Backpack. 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: +0.021% → 0.000%
$2.09
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$17.91
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Backpack: no order-book sample; BingX: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack no order-book sample
Sell BingX live order book, 16 min ago4.49 bp18.6 bp −$1972.0 bp −$720583.0 bp −$58.3Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KMNOUSDT+0.0100%4h0.03357+0.036%$3.4M$27.0M50xas long as short
Bybit KMNOUSDT+0.0100%4h0.03354−0.039%$1.5M$4.2M25xas long as short
OKX KMNO-USDT-SWAP+0.0100%4h0.03351−0.128%$600K$8.0M20xas long as short
Gate KMNO_USDT+0.0100%4h0.03355−0.009%$137K$280K50xas long as short
MEXC KMNO_USDT+0.0100%4h0.03357+0.051%$977K$1.0M125xas long as short
Bitget KMNOUSDT+0.0100%4h0.03357+0.051%$855K$2.9M50xas long as short
BingX KMNO-USDTshort+0.0100%4h0.03356+0.021%$1.4M
Backpack KMNO_USDC_PERPlong+0.0100%1h0.03355long leg$85K$67K5x
Variational Omni KMNO+0.0100%4h0.03351−0.131%$27K$90Kas long as short
BloFin KMNO-USDT+0.0113%4h0.03357+0.051%$133K$61K50xas long as short