Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX−0.117%96s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)+0.110%+$11 · spread now −0.117%, 7d avg −0.007%
=Funding pays, the price is against you. BloFin is 0.110% cheaper against BingX than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.007%). If the spread goes back, that is −$11 on $10k: about 31 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.169%, so the current rate has only just turned in your favour. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KMNO-USDT | 0.03410 | 0.0100 | pay 0.0050% / 4h | 2h 49m | — | $1.5M | — |
| Short | BloFin KMNO-USDT | 0.03406 | 0.0112 | get 0.0056% / 4h | 2h 49m | $136K | $75K | 50x |
BingX KMNO-USDT
BloFin KMNO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $2.5
- Price spread: −0.117% → −0.007%
- −$11.01
- Slippage, 4 orders
- −$58.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.53
- Costs to cover
- 0.800%
- Break-even
- 254.7 days
Slippage from BingX: live order book, 12 min ago; BloFin: live order book, 66 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, 12 min ago | 7.28 bp | 23.6 bp −$24 | 67.8 bp −$678 | 534.4 bp −$53.4K | 819.0 bp −$409.5K |
| Sell BloFin live order book, 66 min ago | 5.84 bp | 21.2 bp −$21 | 55.3 bp −$553 | 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 KMNOUSDT | +0.0100% | 4h | 0.03410 | +0.009% | $3.5M | $32.5M | 50x | as long as short |
| Bybit KMNOUSDT | +0.0100% | 4h | 0.03409 | −0.029% | $1.6M | $4.8M | 25x | as long as short |
| OKX KMNO-USDT-SWAP | +0.0100% | 4h | 0.03405 | −0.147% | $624K | $12.0M | 20x | as long as short |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03410 | 0.000% | $135K | $369K | 50x | as long as short |
| MEXC KMNO_USDT | +0.0100% | 4h | 0.03411 | +0.029% | $1.0M | $1.1M | 125x | as long as short |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03411 | +0.029% | $914K | $3.3M | 50x | as long as short |
| BingX KMNO-USDTlong | +0.0100% | 4h | 0.03410 | long leg | — | $1.5M | — | |
| Variational Omni KMNO | +0.0100% | 4h | 0.03401 | −0.250% | $27K | $116K | — | as long as short |
| BloFin KMNO-USDTshort | +0.0112% | 4h | 0.03406 | −0.117% | $136K | $75K | 50x | |
| Backpack KMNO_USDC_PERP | +0.0971% | 1h | 0.03411 | +0.044% | $87K | $67K | 5x | as long as short |
Binance KMNOUSDT
Bybit KMNOUSDT
OKX KMNO-USDT-SWAP
Gate KMNO_USDT
MEXC KMNO_USDT
Bitget KMNOUSDT
Variational Omni KMNO
Backpack KMNO_USDC_PERP