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: Gate against MEXC+0.059%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$192as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$2032.030% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.059%, 7d avg +0.024%

Together, before fees+0.178%+$18 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: Gate is 0.035% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KMNO_USDT	0.03399	0.0100	pay 0.0050% / 4h	3h 39m	$1.0M	$1.1M	125x
Short	Gate KMNO_USDT	0.03401	0.0100	get 0.0050% / 4h	3h 39m	$135K	$394K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → +0.024%: $3.47
Slippage, 4 orders: −$184.02
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$199.56
Costs to cover: 2.030%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 31 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, 2 min ago	2.95 bp	11.0 bp −$11	31.6 bp −$316	198.7 bp −$19.9K	doesn't fit
Sell Gate live order book, 31 min ago	5.85 bp	93.5 bp −$94	doesn't fit	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	0.03398	−0.032%	$3.5M	$32.9M	50x	as long as short
Bybit KMNOUSDT	+0.0100%	4h	0.03397	−0.059%	$1.6M	$4.9M	25x	as long as short
OKX KMNO-USDT-SWAP	+0.0100%	4h	0.03394	−0.147%	$644K	$12.1M	20x	as long as short
Gate KMNO_USDTshort	+0.0100%	4h	0.03401	+0.059%	$135K	$394K	50x
MEXC KMNO_USDTlong	+0.0100%	4h	0.03399	long leg	$1.0M	$1.1M	125x
Bitget KMNOUSDT	+0.0100%	4h	0.03400	+0.029%	$899K	$3.4M	50x	as long as short
BingX KMNO-USDT	+0.0100%	4h	0.03399	0.000%	—	$1.5M	—	as long as short
Variational Omni KMNO	+0.0100%	4h	0.03393	−0.177%	$27K	$116K	—	as long as short
BloFin KMNO-USDT	+0.0155%	4h	0.03389	−0.294%	$134K	$75K	50x	as long as short
Backpack KMNO_USDC_PERP	+0.1748%	1h	0.03407	+0.227%	$79K	$57K	5x	as long as short