Settings8H · net · $10k
Funding arb · Price arb /

KMNO

all KMNO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.166%
Price spread now: Backpack against Bitget−0.033%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.447%+$45 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.033% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KMNOUSDT0.033590.0100pay 0.0050% / 4h1h 21m$857K$3.3M50x
ShortBackpack KMNO_USDC_PERP0.033580.0100get 0.0013% / 1h21m 05s$85K$68K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Bitget. 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

Funding earned
$0
Price spread: −0.033% → 0.000%
−$3.27
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$25.27
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago8.93 bp21.7 bp −$2283.8 bp −$838doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KMNOUSDT+0.0100%4h0.03358−0.016%$3.4M$31.4M50xas long as short
Bybit KMNOUSDT+0.0100%4h0.03355−0.119%$1.5M$4.7M25xas long as short
OKX KMNO-USDT-SWAP+0.0100%4h0.03357−0.060%$602K$10.8M20xas long as short
Gate KMNO_USDT+0.0100%4h0.033590.000%$137K$359K50xas long as short
MEXC KMNO_USDT+0.0100%4h0.03358−0.030%$988K$1.1M125xas long as short
Bitget KMNOUSDTlong+0.0100%4h0.03359long leg$857K$3.3M50x
BingX KMNO-USDT+0.0100%4h0.033590.000%$1.5Mas long as short
Backpack KMNO_USDC_PERPshort+0.0100%1h0.03358−0.033%$85K$68K5x
Variational Omni KMNO+0.0100%4h0.03354−0.138%$27K$98Kas long as short
BloFin KMNO-USDT+0.0154%4h0.033590.000%$133K$72K50xas long as short