Funding you earn now, next payment 04:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against OKX−0.382%73s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as 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−$850.852% of the position
Funding, last 7 days−0.125%−$13 on $10k
+Price spread, last 3 days (all we have)+0.368%+$37 · spread now −0.382%, 7d avg +0.033%
=Funding pays, the price is against you. BloFin is 0.415% cheaper against OKX than usual: you would sell low and buy high (spread −0.382% now, against its 7-day average of +0.033%). If the spread goes back, that is −$41 on $10k: about 25 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour. The two prices were read 73 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 | OKX KMNO-USDT-SWAP | 0.03402 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $644K | $12.2M | 20x |
| Short | BloFin KMNO-USDT | 0.03389 | 0.0155 | get 0.0078% / 4h | 3h 38m | $134K | $75K | 50x |
OKX KMNO-USDT-SWAP
BloFin KMNO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $11.6
- Price spread: −0.382% → +0.033%
- −$41.49
- Slippage, 4 orders
- −$63.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.05
- Costs to cover
- 0.852%
- Break-even
- 76.4 days
Slippage from OKX: live order book, just now; BloFin: live order book, 18 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 OKX live order book, just now | 2.94 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 5.84 bp | 21.2 bp −$21 | 55.3 bp −$553 | 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 | 0.03402 | 0.000% | $3.5M | $32.9M | 50x | as long as short |
| Bybit KMNOUSDT | +0.0100% | 4h | 0.03400 | −0.059% | $1.6M | $4.9M | 25x | as long as short |
| OKX KMNO-USDT-SWAPlong | +0.0100% | 4h | 0.03402 | long leg | $644K | $12.2M | 20x | |
| Gate KMNO_USDT | +0.0100% | 4h | 0.03401 | −0.029% | $135K | $394K | 50x | as long as short |
| MEXC KMNO_USDT | +0.0100% | 4h | 0.03402 | 0.000% | $1.0M | $1.1M | 125x | as long as short |
| Bitget KMNOUSDT | +0.0100% | 4h | 0.03404 | +0.059% | $900K | $3.4M | 50x | as long as short |
| BingX KMNO-USDT | +0.0100% | 4h | 0.03400 | −0.059% | — | $1.5M | — | as long as short |
| Variational Omni KMNO | +0.0100% | 4h | 0.03393 | −0.265% | $27K | $116K | — | as long as short |
| BloFin KMNO-USDTshort | +0.0155% | 4h | 0.03389 | −0.382% | $134K | $75K | 50x | |
| Backpack KMNO_USDC_PERP | +0.1733% | 1h | 0.03409 | +0.194% | $79K | $57K | 5x | as long as short |
Binance KMNOUSDT
Bybit KMNOUSDT
Gate KMNO_USDT
MEXC KMNO_USDT
Bitget KMNOUSDT
BingX KMNO-USDT
Variational Omni KMNO
Backpack KMNO_USDC_PERP