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 −0.008%

Price spread now: OKX against BingX+0.030%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1051.051% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.030%, 7d avg −0.009%

Together, before fees−0.100%−$10 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: OKX is 0.039% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KMNO-USDT	0.03372	0.0100	pay 0.0050% / 4h	1h 14m	—	$1.5M	—
Short	OKX KMNO-USDT-SWAP	0.03373	0.0100	get 0.0050% / 4h	1h 14m	$604K	$10.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → −0.009%: $3.88
Slippage, 4 orders: −$85.1
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$101.22
Costs to cover: 1.051%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; OKX: 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 BingX live order book, 7 min ago	4.47 bp	19.8 bp −$20	70.9 bp −$709	596.9 bp −$59.7K	871.8 bp −$435.9K
Sell OKX live order book, 3 min ago	1.48 bp	37.9 bp −$38	doesn't fit	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	0.03373	+0.030%	$3.4M	$30.9M	50x	as long as short
Bybit KMNOUSDT	+0.0100%	4h	0.03372	0.000%	$1.5M	$4.7M	25x	as long as short
OKX KMNO-USDT-SWAPshort	+0.0100%	4h	0.03373	+0.030%	$604K	$10.7M	20x
Gate KMNO_USDT	+0.0100%	4h	0.03372	0.000%	$138K	$359K	50x	as long as short
MEXC KMNO_USDT	+0.0100%	4h	0.03373	+0.030%	$992K	$1.1M	125x	as long as short
Bitget KMNOUSDT	+0.0100%	4h	0.03374	+0.059%	$861K	$3.3M	50x	as long as short
BingX KMNO-USDTlong	+0.0100%	4h	0.03372	long leg	—	$1.5M	—
Backpack KMNO_USDC_PERP	+0.0100%	1h	0.03373	+0.039%	$85K	$68K	5x	as long as short
Variational Omni KMNO	+0.0100%	4h	0.03369	−0.094%	$27K	$98K	—	as long as short
BloFin KMNO-USDT	+0.0120%	4h	0.03374	+0.059%	$133K	$72K	50x	as long as short