KMNO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0019%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against BloFin−0.030%105s7-day average +0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as 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−$920.919% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.030%, 7d avg +0.046%

Together, before fees+0.230%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.077% cheaper against BloFin than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.046%). If the spread goes back, that is −$8 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.147% in total) that is about 3.7 days. The two prices were read 105 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	BloFin KMNO-USDT	0.03288	0.0081	pay 0.0041% / 4h	2h 21m	$128K	$46K	50x
Short	Bitget KMNOUSDT	0.03287	0.0100	get 0.0050% / 4h	2h 21m	$814K	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now −0.030%Rate

Funding earned: $3.89
Price spread: −0.030% → +0.046%: −$7.67
Slippage, 4 orders: −$67.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$95.69
Costs to cover: 0.919%
Break-even: 179.2 days

Slippage from BloFin: live order book, 22 min ago; Bitget: live order book, 4 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 BloFin live order book, 22 min ago	3.01 bp	17.6 bp −$18	60.3 bp −$603	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.04 bp	27.1 bp −$27	119.5 bp −$1,195	doesn't fit	doesn't fit

KMNO on 10 exchanges

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
Backpack KMNO_USDC_PERP	−0.1642%	1h	0.03285	−0.085%	$82K	$57K	5x	as long as short
BloFin KMNO-USDTlong	+0.0081%	4h	0.03288	long leg	$128K	$46K	50x
Binance KMNOUSDT	+0.0100%	4h	0.03291	+0.091%	$3.2M	$19.3M	50x	as long as short
Bybit KMNOUSDT	+0.0100%	4h	0.03286	−0.061%	$1.4M	$3.1M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03283	−0.152%	$564K	$4.4M	20x	as long as short
Gate KMNO_USDT	+0.0100%	4h	0.03288	0.000%	$139K	$201K	50x	as long as short
MEXC KMNO_USDT	+0.0100%	4h	0.03289	+0.030%	$918K	$991K	125x	as long as short
Bitget KMNOUSDTshort	+0.0100%	4h	0.03287	−0.030%	$814K	$2.1M	50x
BingX KMNO-USDT	+0.0100%	4h	0.03286	−0.061%	—	$1.4M	—	as long as short
Variational Omni KMNO	+0.0100%	4h	0.03290	+0.071%	$27K	$80K	—	as long as short