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 +0.041%
Price spread now: Bitget against Bybit+0.089%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1581.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 days−0.170%−$17 · spread now +0.089%, 7d avg −0.007%
Together, before fees−0.076%−$8 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: Bitget is 0.096% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KMNOUSDT0.033530.0100pay 0.0050% / 4h29m 50s$1.5M$4.2M25x
ShortBitget KMNOUSDT0.033560.0100get 0.0050% / 4h29m 50s$854K$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.089% → −0.007%
$9.64
Slippage, 4 orders
−$134.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$147.89
Costs to cover
1.575%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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 Bybit live order book, 3 min ago2.98 bp53.7 bp −$54396.5 bp −$3,965doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.96 bp21.4 bp −$2197.3 bp −$973doesn'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%4h0.03356+0.094%$3.4M$27.0M50xas long as short
Bybit KMNOUSDTlong+0.0100%4h0.03353long leg$1.5M$4.2M25x
OKX KMNO-USDT-SWAP+0.0100%4h0.03354+0.030%$601K$8.0M20xas long as short
Gate KMNO_USDT+0.0100%4h0.03355+0.060%$137K$280K50xas long as short
MEXC KMNO_USDT+0.0100%4h0.03357+0.119%$977K$1.0M125xas long as short
Bitget KMNOUSDTshort+0.0100%4h0.03356+0.089%$854K$2.9M50x
BingX KMNO-USDT+0.0100%4h0.03355+0.060%$1.4Mas long as short
Backpack KMNO_USDC_PERP+0.0100%1h0.03357+0.113%$85K$67K5xas long as short
Variational Omni KMNO+0.0100%4h0.03351−0.062%$27K$90Kas long as short
BloFin KMNO-USDT+0.0113%4h0.03357+0.119%$133K$61K50xas long as short