Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.15 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC−0.951%79s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as 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−$590.595% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.939%+$94 · spread now −0.951%, 7d avg −0.035%
=Funding pays, the price is against you. BloFin is 0.916% cheaper against MEXC than usual: you would sell low and buy high (spread −0.951% now, against its 7-day average of −0.035%). If the spread goes back, that is −$92 on $10k: about 3 months of funding at the current rate (+$1 a day). The two prices were read 79 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 | MEXC KMNO_USDT | 0.03365 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $977K | $910K | 125x |
| Short | BloFin KMNO-USDT | 0.03333 | 0.0131 | get 0.0065% / 4h | 3h 29m | $134K | $46K | 50x |
MEXC KMNO_USDT
BloFin KMNO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $6.5
- Price spread: −0.951% → −0.035%
- −$91.57
- Slippage, 4 orders
- −$43.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$144.55
- Costs to cover
- 0.595%
- Break-even
- 162.6 days
Slippage from MEXC: live order book, 26 min ago; BloFin: live order book, 59 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 MEXC live order book, 26 min ago | 2.99 bp | 9.9 bp −$10 | 28.1 bp −$281 | 205.1 bp −$20.5K | doesn't fit |
| Sell BloFin live order book, 59 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 | 0.03367 | +0.069% | $3.4M | $24.2M | 50x | as long as short |
| Bybit KMNOUSDT | +0.0100% | 4h | 0.03368 | +0.089% | $1.5M | $3.8M | 25x | as long as short |
| OKX KMNO-USDT-SWAP | +0.0100% | 4h | 0.03365 | 0.000% | $610K | $6.3M | 20x | as long as short |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03367 | +0.059% | $138K | $255K | 50x | as long as short |
| MEXC KMNO_USDTlong | +0.0100% | 4h | 0.03365 | long leg | $977K | $910K | 125x | |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03365 | 0.000% | $856K | $2.4M | 50x | as long as short |
| BingX KMNO-USDT | +0.0100% | 4h | 0.03371 | +0.178% | — | $1.4M | — | as long as short |
| Backpack KMNO_USDC_PERP | +0.0100% | 1h | 0.03345 | −0.585% | $84K | $64K | 5x | as long as short |
| Variational Omni KMNO | +0.0100% | 4h | 0.03336 | −0.849% | $27K | $89K | — | as long as short |
| BloFin KMNO-USDTshort | +0.0131% | 4h | 0.03333 | −0.951% | $134K | $46K | 50x |
Binance KMNOUSDT
Bybit KMNOUSDT
OKX KMNO-USDT-SWAP
Gate KMNO_USDT
Bitget KMNOUSDT
BingX KMNO-USDT
Backpack KMNO_USDC_PERP
Variational Omni KMNO