Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.042%
Price spread now: Bybit against Binance−0.110%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1471.473% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days+0.151%+$15 · spread now −0.110%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.090% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KMNOUSDT | 0.03404 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $3.5M | $32.4M | 50x |
| Short | Bybit KMNOUSDT | 0.03400 | 0.0100 | get 0.0050% / 4h | 2h 30m | $1.6M | $4.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: −0.110% → −0.020%
- −$9.04
- Slippage, 4 orders
- −$126.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$156.29
- Costs to cover
- 1.473%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 3 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, 11 min ago | 1.48 bp | 24.0 bp −$24 | 106.6 bp −$1,066 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.94 bp | 50.5 bp −$50 | 293.0 bp −$2,930 | doesn't fit | doesn't fit |
KMNO on 9 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 | 0.03404 | long leg | $3.5M | $32.4M | 50x | |
| Bybit KMNOUSDTshort | +0.0100% | 4h | 0.03400 | −0.110% | $1.6M | $4.8M | 25x | |
| OKX KMNO-USDT-SWAP | +0.0100% | 4h | 0.03402 | −0.052% | $621K | $11.9M | 20x | as long as short |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03402 | −0.052% | $135K | $369K | 50x | as long as short |
| MEXC KMNO_USDT | +0.0100% | 4h | 0.03404 | +0.007% | $1.0M | $1.1M | 125x | as long as short |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03404 | +0.007% | $904K | $3.3M | 50x | as long as short |
| BingX KMNO-USDT | +0.0100% | 4h | 0.03403 | −0.022% | — | $1.5M | — | as long as short |
| Variational Omni KMNO | +0.0100% | 4h | 0.03402 | −0.038% | $27K | $108K | — | as long as short |
| Backpack KMNO_USDC_PERP | +0.0462% | 1h | 0.03406 | +0.063% | $87K | $68K | 5x | as long as short |
Binance KMNOUSDT
Bybit KMNOUSDT
OKX KMNO-USDT-SWAP
Gate KMNO_USDT
MEXC KMNO_USDT
Bitget KMNOUSDT
BingX KMNO-USDT
Variational Omni KMNO
Backpack KMNO_USDC_PERP