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

KMNO

all KMNO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0006%/8h= +0.6% APRpaid last 24h −0.154%
Price spread now: BloFin against Backpack−0.183%66s7-day average · you buy dearer than you sell
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−0.592%−$59 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: BloFin is 0.183% cheaper against Backpack than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack KMNO_USDC_PERP0.033310.0100pay 0.0013% / 1h31m 22s$84K$64K5x
ShortBloFin KMNO-USDT0.033250.0106get 0.0053% / 4h3h 31m$134K$46K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$1.2
Price spread: −0.183% → 0.000%
−$18.31
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$39.12
Costs to cover
0.220%
Break-even
235.8 days
Slippage unknown: Backpack: no order-book sample; BloFin: live order book, 58 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 BloFin live order book, 58 min ago1.49 bp20.9 bp −$2158.9 bp −$589doesn't fitdoesn'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%4h0.03339+0.237%$3.4M$24.2M50xas long as short
Bybit KMNOUSDT+0.0100%4h0.03336+0.147%$1.5M$3.8M25xas long as short
OKX KMNO-USDT-SWAP+0.0100%4h0.03337+0.177%$606K$6.3M20xas long as short
Gate KMNO_USDT+0.0100%4h0.03336+0.147%$137K$255K50xas long as short
MEXC KMNO_USDT+0.0100%4h0.03338+0.207%$969K$910K125xas long as short
Bitget KMNOUSDT+0.0100%4h0.03339+0.237%$849K$2.4M50xas long as short
BingX KMNO-USDT+0.0100%4h0.03334+0.087%$1.4Mas long as short
Backpack KMNO_USDC_PERPlong+0.0100%1h0.03331long leg$84K$64K5x
Variational Omni KMNO+0.0100%4h0.03343+0.370%$27K$89Kas long as short
BloFin KMNO-USDTshort+0.0106%4h0.03325−0.183%$134K$46K50x