Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.208%
Price spread now: Bybit against Backpack−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.540%−$54 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: Bybit is 0.024% cheaper against Backpack than usual: you would sell low and buy high, −$2 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 | 0.03366 | 0.0100 | pay 0.0013% / 1h | 19m 52s | $85K | $68K | 5x |
| Short | Bybit KMNOUSDT | 0.03365 | 0.0100 | get 0.0050% / 4h | 1h 19m | $1.5M | $4.7M | 25x |
Backpack KMNO_USDC_PERP
Bybit KMNOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.024% → 0.000%
- −$2.38
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$23.38
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 1.49 bp | 57.6 bp −$58 | 288.2 bp −$2,882 | 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 KMNOUSDT | +0.0100% | 4h | 0.03368 | +0.056% | $3.4M | $31.3M | 50x | as long as short |
| Bybit KMNOUSDTshort | +0.0100% | 4h | 0.03365 | −0.024% | $1.5M | $4.7M | 25x | |
| OKX KMNO-USDT-SWAP | +0.0100% | 4h | 0.03365 | −0.024% | $604K | $10.8M | 20x | as long as short |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03369 | +0.095% | $138K | $359K | 50x | as long as short |
| MEXC KMNO_USDT | +0.0100% | 4h | 0.03370 | +0.125% | $992K | $1.1M | 125x | as long as short |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03371 | +0.154% | $860K | $3.3M | 50x | as long as short |
| BingX KMNO-USDT | +0.0100% | 4h | 0.03369 | +0.095% | — | $1.5M | — | as long as short |
| Backpack KMNO_USDC_PERPlong | +0.0100% | 1h | 0.03366 | long leg | $85K | $68K | 5x | |
| Variational Omni KMNO | +0.0100% | 4h | 0.03354 | −0.339% | $27K | $98K | — | as long as short |
| BloFin KMNO-USDT | +0.0154% | 4h | 0.03359 | −0.202% | $133K | $72K | 50x | as long as short |
Binance KMNOUSDT
OKX KMNO-USDT-SWAP
Gate KMNO_USDT
MEXC KMNO_USDT
Bitget KMNOUSDT
BingX KMNO-USDT
Variational Omni KMNO
BloFin KMNO-USDT