Funding arb · Price arb /

KMNO

all KMNO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance+0.047%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$880.880% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.154%+$15 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.047%, 7d avg −0.028%

Together, before fees+0.094%+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.075% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KMNOUSDT	0.03343	0.0100	pay 0.0050% / 4h	1h 43m	$3.4M	$31.8M	50x
Short	Bitget KMNOUSDT	0.03345	0.0100	get 0.0050% / 4h	1h 43m	$854K	$3.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → −0.028%: $7.54
Slippage, 4 orders: −$66.04
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$80.5
Costs to cover: 0.880%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 4 min ago.

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, 13 min ago	1.47 bp	19.1 bp −$19	101.3 bp −$1,013	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	4.47 bp	21.2 bp −$21	103.7 bp −$1,037	doesn't fit	doesn't fit

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
BloFin KMNO-USDT	+0.0062%	4h	0.03343	−0.013%	$134K	$72K	50x	as long as short
Binance KMNOUSDTlong	+0.0100%	4h	0.03343	long leg	$3.4M	$31.8M	50x
Bybit KMNOUSDT	+0.0100%	4h	0.03342	−0.042%	$1.5M	$4.8M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03345	+0.047%	$605K	$11.1M	20x	as long as short
Gate KMNO_USDT	+0.0100%	4h	0.03338	−0.162%	$137K	$358K	50x	as long as short
MEXC KMNO_USDT	+0.0100%	4h	0.03344	+0.017%	$992K	$1.1M	125x	as long as short
Bitget KMNOUSDTshort	+0.0100%	4h	0.03345	+0.047%	$854K	$3.3M	50x
BingX KMNO-USDT	+0.0100%	4h	0.03343	−0.013%	—	$1.5M	—	as long as short
Backpack KMNO_USDC_PERP	+0.0100%	1h	0.03346	+0.065%	$85K	$69K	5x	as long as short
Variational Omni KMNO	+0.0100%	4h	0.03338	−0.165%	$27K	$103K	—	as long as short