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 −0.023%

Price spread now: Variational Omni against Gate+0.190%7-day average −0.090% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.006%+$1 on $10k

Price spread, last 3 days (all we have)−0.449%−$45 · spread now +0.190%, 7d avg −0.090%

Together, before fees−0.443%+ Points / potential airdropVariational Omni: Active · farm board−$44 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: Variational Omni is 0.280% dearer against Gate than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KMNO_USDT	0.03408	0.0100	pay 0.0050% / 4h	2h 54m	$135K	$368K	50x
Short	Variational Omni KMNO	0.03414	0.0100	get 0.0050% / 4h	2h 54m	$28K	$116K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.190%Rate

Funding earned: $0
Price spread: +0.190% → −0.090%: $28.02
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $13.02
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 11 min ago; Variational Omni: RFQ quote, 15 min ago. Net counts fees only.

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, 11 min ago	7.23 bp	88.8 bp −$89	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 15 min ago	8.70 bp	doesn't fit	243.5 bp −$2,435	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	+0.0092%	4h	0.03422	+0.411%	$136K	$75K	50x	as long as short
Binance KMNOUSDT	+0.0100%	4h	0.03406	−0.067%	$3.5M	$32.6M	50x	as long as short
Bybit KMNOUSDT	+0.0100%	4h	0.03403	−0.147%	$1.6M	$4.8M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03401	−0.205%	$625K	$12.0M	20x	as long as short
Gate KMNO_USDTlong	+0.0100%	4h	0.03408	long leg	$135K	$368K	50x
MEXC KMNO_USDT	+0.0100%	4h	0.03402	−0.176%	$1.0M	$1.1M	125x	as long as short
Bitget KMNOUSDT	+0.0100%	4h	0.03412	+0.117%	$913K	$3.3M	50x	as long as short
BingX KMNO-USDT	+0.0100%	4h	0.03404	−0.117%	—	$1.5M	—	as long as short
Variational Omni KMNOshort	+0.0100%	4h	0.03414	+0.190%	$28K	$116K	—
Backpack KMNO_USDC_PERP	+0.1484%	1h	0.03430	+0.646%	$83K	$60K	5x	as long as short