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 +0.015%

Price spread now: OKX against Variational Omni+0.045%7-day average +0.017% · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.023%+$2 on $10k

Price spread, last 3 days (all we have)+0.190%+$19 · spread now +0.045%, 7d avg +0.017%

Together, before fees+0.213%+ Points / potential airdropVariational Omni: Active · farm board+$21 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: OKX is 0.028% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni KMNO	0.03401	0.0100	pay 0.0050% / 4h	2h 50m	$27K	$116K	—
Short	OKX KMNO-USDT-SWAP	0.03403	0.0100	get 0.0050% / 4h	2h 50m	$624K	$12.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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 Variational OmnibpFee OKXbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.017%: $2.8
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$7.2
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 19 min ago; OKX: live order book, 3 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 Variational Omni RFQ quote, 19 min ago	8.70 bp	doesn't fit	289.9 bp −$2,899	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.47 bp	31.7 bp −$32	379.7 bp −$3,797	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	0.03408	+0.187%	$3.5M	$32.5M	50x	as long as short
Bybit KMNOUSDT	+0.0100%	4h	0.03406	+0.133%	$1.6M	$4.8M	25x	as long as short
OKX KMNO-USDT-SWAPshort	+0.0100%	4h	0.03403	+0.045%	$624K	$12.0M	20x
Gate KMNO_USDT	+0.0100%	4h	0.03407	+0.162%	$135K	$369K	50x	as long as short
MEXC KMNO_USDT	+0.0100%	4h	0.03406	+0.133%	$1.0M	$1.1M	125x	as long as short
Bitget KMNOUSDT	+0.0100%	4h	0.03405	+0.104%	$912K	$3.3M	50x	as long as short
BingX KMNO-USDT	+0.0100%	4h	0.03406	+0.133%	—	$1.5M	—	as long as short
Variational Omni KMNOlong	+0.0100%	4h	0.03401	long leg	$27K	$116K	—
BloFin KMNO-USDT	+0.0112%	4h	0.03406	+0.133%	$136K	$75K	50x	as long as short
Backpack KMNO_USDC_PERP	+0.1094%	1h	0.03404	+0.074%	$87K	$66K	5x	as long as short