Funding arb · Price arb /

KMNO

all KMNO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.166%

Price spread now: Backpack against Binance−0.018%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.601%+$60 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KMNOUSDT	0.03334	0.0100	pay 0.0050% / 4h	1h 44m	$3.4M	$31.8M	50x
Short	Backpack KMNO_USDC_PERP	0.03333	0.0100	get 0.0013% / 1h	44m 59s	$84K	$69K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BackpackbpOrdersPrice spread, now −0.018%Rate

Funding earned: $0
Price spread: −0.018% → 0.000%: −$1.8
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$21.8
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Backpack: no order-book sample. 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 Binance live order book, 11 min ago	1.47 bp	19.1 bp −$19	101.3 bp −$1,013	doesn't fit	doesn't fit
Sell Backpack no order-book sample	—	—	—	—	—

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 KMNOUSDTlong	+0.0100%	4h	0.03334	long leg	$3.4M	$31.8M	50x
Bybit KMNOUSDT	+0.0100%	4h	0.03331	−0.090%	$1.5M	$4.8M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03333	−0.030%	$604K	$11.1M	20x	as long as short
Gate KMNO_USDT	+0.0100%	4h	0.03329	−0.150%	$137K	$358K	50x	as long as short
MEXC KMNO_USDT	+0.0100%	4h	0.03336	+0.060%	$989K	$1.1M	125x	as long as short
Bitget KMNOUSDT	+0.0100%	4h	0.03335	+0.030%	$853K	$3.3M	50x	as long as short
BingX KMNO-USDT	+0.0100%	4h	0.03334	0.000%	—	$1.5M	—	as long as short
Backpack KMNO_USDC_PERPshort	+0.0100%	1h	0.03333	−0.018%	$84K	$69K	5x
Variational Omni KMNO	+0.0100%	4h	0.03338	+0.117%	$27K	$103K	—	as long as short
BloFin KMNO-USDT	+0.0105%	4h	0.03334	0.000%	$134K	$72K	50x	as long as short