KMNO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against Gate−0.030%78s7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$219as 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−$2082.079% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.030%, 7d avg −0.055%

Together, before fees−0.130%−$13 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: BloFin is 0.025% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 78 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	Gate KMNO_USDT	0.03335	0.0100	pay 0.0050% / 4h	2h 37m	$137K	$243K	50x
Short	BloFin KMNO-USDT	0.03334	0.0103	get 0.0052% / 4h	2h 37m	$135K	$46K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0.68
Price spread: −0.030% → −0.055%: $2.45
Slippage, 4 orders: −$180.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$204.75
Costs to cover: 2.079%
Break-even: 2117.5 days

Slippage from Gate: live order book, 7 min ago; BloFin: live order book, 41 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, 7 min ago	4.49 bp	92.5 bp −$93	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 41 min ago	2.97 bp	16.6 bp −$17	52.5 bp −$525	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
Backpack KMNO_USDC_PERP	+0.0077%	1h	0.03337	+0.072%	$83K	$63K	5x	as long as short
Binance KMNOUSDT	+0.0100%	4h	0.03341	+0.180%	$3.4M	$23.4M	50x	as long as short
Bybit KMNOUSDT	+0.0100%	4h	0.03336	+0.030%	$1.5M	$3.7M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03338	+0.090%	$603K	$5.9M	20x	as long as short
Gate KMNO_USDTlong	+0.0100%	4h	0.03335	long leg	$137K	$243K	50x
MEXC KMNO_USDT	+0.0100%	4h	0.03340	+0.150%	$969K	$827K	125x	as long as short
Bitget KMNOUSDT	+0.0100%	4h	0.03337	+0.060%	$846K	$2.4M	50x	as long as short
BingX KMNO-USDT	+0.0100%	4h	0.03340	+0.150%	—	$1.4M	—	as long as short
Variational Omni KMNO	+0.0100%	4h	0.03335	−0.002%	$27K	$89K	—	as long as short
BloFin KMNO-USDTshort	+0.0103%	4h	0.03334	−0.030%	$135K	$46K	50x