Funding arb · Price arb /

KMNO

all KMNO markets

Swap Backtest

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 0.000%

Price spread now: Binance against Gate+0.119%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$213as in the Funding arb table

Net, price: spread back to 7d avg − costs−$186as in the Price arb table

costs, in and out, $10k−$2022.019% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.119%, 7d avg −0.035%

Together, before fees−0.301%−$30 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: Binance is 0.154% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KMNO_USDT	0.03370	0.0100	pay 0.0050% / 4h	1h 17m	$138K	$359K	50x
Short	Binance KMNOUSDT	0.03374	0.0100	get 0.0050% / 4h	1h 17m	$3.4M	$31.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.119%Rate

Funding earned: $0
Price spread: +0.119% → −0.035%: $15.38
Slippage, 4 orders: −$176.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$186.48
Costs to cover: 2.019%
Break-even: never at this rate

Slippage from Gate: live order book, 43 min ago; Binance: live order book, 9 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 Gate live order book, 43 min ago	2.96 bp	83.3 bp −$83	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	1.50 bp	22.5 bp −$22	92.7 bp −$927	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
BloFin KMNO-USDT	+0.0059%	4h	0.03371	+0.030%	$133K	$72K	50x	as long as short
Binance KMNOUSDTshort	+0.0100%	4h	0.03374	+0.119%	$3.4M	$31.0M	50x
Bybit KMNOUSDT	+0.0100%	4h	0.03370	0.000%	$1.5M	$4.7M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03371	+0.030%	$605K	$10.7M	20x	as long as short
Gate KMNO_USDTlong	+0.0100%	4h	0.03370	long leg	$138K	$359K	50x
MEXC KMNO_USDT	+0.0100%	4h	0.03373	+0.089%	$993K	$1.1M	125x	as long as short
Bitget KMNOUSDT	+0.0100%	4h	0.03373	+0.089%	$860K	$3.3M	50x	as long as short
BingX KMNO-USDT	+0.0100%	4h	0.03373	+0.089%	—	$1.5M	—	as long as short
Backpack KMNO_USDC_PERP	+0.0100%	1h	0.03369	−0.033%	$85K	$68K	5x	as long as short
Variational Omni KMNO	+0.0100%	4h	0.03354	−0.464%	$27K	$98K	—	as long as short