Funding arb · Price arb /

KMNO

all KMNO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BingX+0.040%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$860.859% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.171%−$17 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.040%, 7d avg 0.000%

Together, before fees−0.212%−$21 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: Binance is 0.040% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KMNO-USDT	0.03332	0.0100	pay 0.0050% / 4h	3h 32m	—	$1.4M	—
Short	Binance KMNOUSDT	0.03333	0.0100	get 0.0050% / 4h	3h 32m	$3.4M	$24.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → 0.000%: $3.97
Slippage, 4 orders: −$65.89
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$81.93
Costs to cover: 0.859%
Break-even: never at this rate

Slippage from BingX: live order book, 13 min ago; Binance: live order book, 9 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 BingX live order book, 13 min ago	4.49 bp	19.1 bp −$19	68.6 bp −$686	633.6 bp −$63.4K	911.5 bp −$455.8K
Sell Binance live order book, 9 min ago	1.50 bp	26.9 bp −$27	100.1 bp −$1,001	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
Binance KMNOUSDTshort	+0.0100%	4h	0.03333	+0.040%	$3.4M	$24.2M	50x
Bybit KMNOUSDT	+0.0100%	4h	0.03330	−0.060%	$1.5M	$3.8M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03331	−0.030%	$605K	$6.3M	20x	as long as short
Gate KMNO_USDT	+0.0100%	4h	0.03332	0.000%	$137K	$255K	50x	as long as short
MEXC KMNO_USDT	+0.0100%	4h	0.03333	+0.030%	$967K	$910K	125x	as long as short
Bitget KMNOUSDT	+0.0100%	4h	0.03334	+0.060%	$848K	$2.4M	50x	as long as short
BingX KMNO-USDTlong	+0.0100%	4h	0.03332	long leg	—	$1.4M	—
Backpack KMNO_USDC_PERP	+0.0100%	1h	0.03331	−0.018%	$84K	$64K	5x	as long as short
Variational Omni KMNO	+0.0100%	4h	0.03343	+0.343%	$27K	$89K	—	as long as short
BloFin KMNO-USDT	+0.0106%	4h	0.03325	−0.210%	$134K	$46K	50x	as long as short