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

KMNO

all KMNO markets
SwapBacktest
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 0.000%
Price spread now: BloFin against Bitget+0.119%85s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$880.883% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.150%−$15 on $10k
Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.119%, 7d avg −0.047%
Together, before fees−0.322%−$32 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: BloFin is 0.166% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KMNOUSDT0.033510.0100pay 0.0050% / 4h27m 46s$853K$2.9M50x
ShortBloFin KMNO-USDT0.033550.0100get 0.0050% / 4h27m 46s$132K$61K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$0.03
Price spread: +0.119% → −0.047%
$16.65
Slippage, 4 orders
−$64.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$71.67
Costs to cover
0.883%
Break-even
19562.8 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 1 min ago.

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, 5 min ago5.96 bp25.9 bp −$2688.8 bp −$888doesn't fitdoesn't fit
Sell BloFin live order book, 1 min ago1.49 bp20.9 bp −$2158.9 bp −$589doesn't fitdoesn't fit

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%4h0.03349−0.056%$3.4M$27.0M50xas long as short
Bybit KMNOUSDT+0.0100%4h0.03348−0.090%$1.5M$4.2M25xas long as short
OKX KMNO-USDT-SWAP+0.0100%4h0.03347−0.119%$600K$7.9M20xas long as short
Gate KMNO_USDT+0.0100%4h0.03350−0.030%$137K$280K50xas long as short
MEXC KMNO_USDT+0.0100%4h0.03350−0.030%$975K$1.0M125xas long as short
Bitget KMNOUSDTlong+0.0100%4h0.03351long leg$853K$2.9M50x
BingX KMNO-USDT+0.0100%4h0.03350−0.030%$1.4Mas long as short
Backpack KMNO_USDC_PERP+0.0100%1h0.03349−0.069%$85K$67K5xas long as short
Variational Omni KMNO+0.0100%4h0.03351−0.003%$27K$90Kas long as short
BloFin KMNO-USDTshort+0.0100%4h0.03355+0.119%$132K$61K50x