Funding you earn now, next payment 04:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.27 per $10,000 · paid last 24h +0.042%
Price spread now: BloFin against Bybit+0.209%102s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as 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−$1491.490% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.209%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.188% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour. The two prices were read 102 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 | Bybit KMNOUSDT | 0.03344 | 0.0100 | pay 0.0050% / 4h | 25m 32s | $1.5M | $4.2M | 25x |
| Short | BloFin KMNO-USDT | 0.03351 | 0.0153 | get 0.0077% / 4h | 25m 32s | $132K | $61K | 50x |
Bybit KMNOUSDT
BloFin KMNO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $11.17
- Price spread: +0.209% → +0.022%
- $18.76
- Slippage, 4 orders
- −$126.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$119.11
- Costs to cover
- 1.490%
- Break-even
- 81.6 days
Slippage from Bybit: live order book, 2 min ago; BloFin: 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 Bybit live order book, 2 min ago | 4.48 bp | 49.8 bp −$50 | 386.3 bp −$3,863 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.49 bp | 20.9 bp −$21 | 58.9 bp −$589 | 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 | 0.03349 | +0.150% | $3.4M | $26.9M | 50x | as long as short |
| Bybit KMNOUSDTlong | +0.0100% | 4h | 0.03344 | long leg | $1.5M | $4.2M | 25x | |
| OKX KMNO-USDT-SWAP | +0.0100% | 4h | 0.03345 | +0.030% | $599K | $7.8M | 20x | as long as short |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03347 | +0.090% | $137K | $280K | 50x | as long as short |
| MEXC KMNO_USDT | +0.0100% | 4h | 0.03350 | +0.179% | $975K | $1.0M | 125x | as long as short |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03349 | +0.150% | $852K | $2.9M | 50x | as long as short |
| BingX KMNO-USDT | +0.0100% | 4h | 0.03345 | +0.030% | — | $1.4M | — | as long as short |
| Backpack KMNO_USDC_PERP | +0.0100% | 1h | 0.03347 | +0.093% | $85K | $67K | 5x | as long as short |
| Variational Omni KMNO | +0.0100% | 4h | 0.03345 | +0.026% | $27K | $90K | — | as long as short |
| BloFin KMNO-USDTshort | +0.0153% | 4h | 0.03351 | +0.209% | $132K | $61K | 50x |
Binance KMNOUSDT
OKX KMNO-USDT-SWAP
Gate KMNO_USDT
MEXC KMNO_USDT
Bitget KMNOUSDT
BingX KMNO-USDT
Backpack KMNO_USDC_PERP
Variational Omni KMNO