Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.15 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BloFin+1.170%94s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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−$590.595% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−1.158%−$116 · spread now +1.170%, 7d avg +0.035%
=The price spread pays, funding is against you. MEXC is 1.135% dearer against BloFin than usual: you sell high and buy low (spread +1.170% now, against its 7-day average of +0.035%): +$113 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months. The two prices were read 94 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 | 0.03333 | 0.0131 | pay 0.0065% / 4h | 3h 29m | $134K | $46K | 50x |
| Short | MEXC KMNO_USDT | 0.03372 | 0.0100 | get 0.0050% / 4h | 3h 29m | $979K | $910K | 125x |
BloFin KMNO-USDT
MEXC KMNO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$6.5
- Price spread: +1.170% → +0.035%
- $113.49
- Slippage, 4 orders
- −$43.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $47.5
- Costs to cover
- 0.595%
- Break-even
- from the start
Slippage from BloFin: live order book, 60 min ago; MEXC: live order book, 26 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, 60 min ago | 1.49 bp | 20.1 bp −$20 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 2.99 bp | 8.5 bp −$9 | 38.1 bp −$381 | 217.5 bp −$21.7K | 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 | 0.03367 | +1.020% | $3.4M | $24.2M | 50x | as long as short |
| Bybit KMNOUSDT | +0.0100% | 4h | 0.03365 | +0.960% | $1.5M | $3.8M | 25x | as long as short |
| OKX KMNO-USDT-SWAP | +0.0100% | 4h | 0.03362 | +0.870% | $612K | $6.3M | 20x | as long as short |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03372 | +1.170% | $138K | $256K | 50x | as long as short |
| MEXC KMNO_USDTshort | +0.0100% | 4h | 0.03372 | +1.170% | $979K | $910K | 125x | |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03369 | +1.080% | $858K | $2.4M | 50x | as long as short |
| BingX KMNO-USDT | +0.0100% | 4h | 0.03373 | +1.200% | — | $1.4M | — | as long as short |
| Backpack KMNO_USDC_PERP | +0.0100% | 1h | 0.03345 | +0.369% | $84K | $64K | 5x | as long as short |
| Variational Omni KMNO | +0.0100% | 4h | 0.03336 | +0.102% | $27K | $89K | — | as long as short |
| BloFin KMNO-USDTlong | +0.0131% | 4h | 0.03333 | long leg | $134K | $46K | 50x |
Binance KMNOUSDT
Bybit KMNOUSDT
OKX KMNO-USDT-SWAP
Gate KMNO_USDT
Bitget KMNOUSDT
BingX KMNO-USDT
Backpack KMNO_USDC_PERP
Variational Omni KMNO