Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.042%
Price spread now: Bybit against BloFin+0.029%72s7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as 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−$1321.317% of the position
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 3 days (all we have)−0.065%−$7 · spread now +0.029%, 7d avg −0.031%
=The price spread pays, funding is against you. Bybit is 0.060% dearer against BloFin than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.031%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 17 days. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you. The two prices were read 72 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 | 0.03406 | 0.0112 | pay 0.0056% / 4h | 2h 50m | $136K | $75K | 50x |
| Short | Bybit KMNOUSDT | 0.03407 | 0.0100 | get 0.0050% / 4h | 2h 50m | $1.6M | $4.8M | 25x |
BloFin KMNO-USDT
Bybit KMNOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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: +0.029% → −0.031%
- $6
- Slippage, 4 orders
- −$108.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.18
- Costs to cover
- 1.317%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; Bybit: 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 BloFin live order book, 66 min ago | 5.84 bp | 12.3 bp −$12 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.85 bp | 53.2 bp −$53 | 258.5 bp −$2,585 | 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 | 0.03412 | +0.172% | $3.5M | $32.5M | 50x | as long as short |
| Bybit KMNOUSDTshort | +0.0100% | 4h | 0.03407 | +0.029% | $1.6M | $4.8M | 25x | |
| OKX KMNO-USDT-SWAP | +0.0100% | 4h | 0.03409 | +0.088% | $625K | $12.0M | 20x | as long as short |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03410 | +0.117% | $135K | $369K | 50x | as long as short |
| MEXC KMNO_USDT | +0.0100% | 4h | 0.03411 | +0.147% | $1.0M | $1.1M | 125x | as long as short |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03410 | +0.117% | $913K | $3.3M | 50x | as long as short |
| BingX KMNO-USDT | +0.0100% | 4h | 0.03408 | +0.059% | — | $1.5M | — | as long as short |
| Variational Omni KMNO | +0.0100% | 4h | 0.03401 | −0.133% | $27K | $116K | — | as long as short |
| BloFin KMNO-USDTlong | +0.0112% | 4h | 0.03406 | long leg | $136K | $75K | 50x | |
| Backpack KMNO_USDC_PERP | +0.0971% | 1h | 0.03411 | +0.161% | $87K | $67K | 5x | as long as short |
Binance KMNOUSDT
OKX KMNO-USDT-SWAP
Gate KMNO_USDT
MEXC KMNO_USDT
Bitget KMNOUSDT
BingX KMNO-USDT
Variational Omni KMNO
Backpack KMNO_USDC_PERP