Funding arb · Price arb /

KMNO

all KMNO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.149%

Price spread now: Backpack against BingX0.000%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.414%+$41 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	BingX KMNO-USDT	0.03342	0.0100	pay 0.0050% / 4h	2h 43m	—	$1.4M	—
Short	Backpack KMNO_USDC_PERP	0.03342	0.0100	get 0.0013% / 1h	43m 48s	$84K	$63K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against BingX. 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 BingXbpFee BackpackbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$20
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 8 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 BingX live order book, 8 min ago	4.48 bp	22.8 bp −$23	80.9 bp −$809	626.5 bp −$62.6K	890.1 bp −$445.1K
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 KMNOUSDT	+0.0100%	4h	0.03341	−0.030%	$3.4M	$23.4M	50x	as long as short
Bybit KMNOUSDT	+0.0100%	4h	0.03337	−0.150%	$1.5M	$3.7M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03340	−0.060%	$605K	$5.9M	20x	as long as short
Gate KMNO_USDT	+0.0100%	4h	0.03343	+0.030%	$137K	$243K	50x	as long as short
MEXC KMNO_USDT	+0.0100%	4h	0.03342	0.000%	$969K	$827K	125x	as long as short
Bitget KMNOUSDT	+0.0100%	4h	0.03344	+0.060%	$852K	$2.4M	50x	as long as short
BingX KMNO-USDTlong	+0.0100%	4h	0.03342	long leg	—	$1.4M	—
Backpack KMNO_USDC_PERPshort	+0.0100%	1h	0.03342	0.000%	$84K	$63K	5x
Variational Omni KMNO	+0.0100%	4h	0.03340	−0.047%	$27K	$89K	—	as long as short
BloFin KMNO-USDT	+0.0106%	4h	0.03343	+0.030%	$135K	$46K	50x	as long as short