Question 1

Which exchange has the highest KMNO funding rate right now?

Accepted Answer

Hotcoin shows the highest KMNO funding at +21.92% annualized. A high positive rate means shorts get paid, so this is the venue to short KMNO when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long KMNO for funding?

Accepted Answer

BloFin has the lowest KMNO funding at -24.59% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best KMNO funding-arbitrage pair?

Accepted Answer

The widest spread is long BloFin / short Hotcoin at about 46.5% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does KMNO funding settle?

Accepted Answer

KMNO funding settles on different schedules by venue (1h, 4h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is KMNO funding positive or negative?

Accepted Answer

KMNO funding is mixed across venues, ranging -24.59% to +21.92% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current KMNO perpetual swap funding rate?

Accepted Answer

The current KMNO perpetual swap funding rate ranges from -24.59% to +21.92% annualized depending on the exchange — BloFin is lowest and Hotcoin is highest right now. There is no single KMNO funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated KMNO funding rate across exchanges?

Accepted Answer

Aggregated across the 16 venues ORBIT tracks, KMNO funding currently spans -24.59% to +21.92% APR, a spread of 46.5 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the KMNO 8h funding rate versus the annualized rate?

Accepted Answer

KMNO does not settle on an 8-hour schedule on the venues tracked here. Because intervals differ by exchange, comparing raw per-payment rates is misleading; ORBIT normalizes each venue to annualized APR so the numbers are directly comparable.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
HotcoinBest Short	+21.92%	4h	$311K	$0.0446
Bybit	+10.96%	4h	$2.2M	$0.0446
BingX	+10.96%	4h	$1.0M	$0.0446
Bitget	+10.96%	4h	$779K	$0.0446
Gate.io	+10.96%	4h	$83K	$0.0446
Backpack	+10.96%	1h	$72K	$0.0445
Variational	+10.96%	4h	$99K	$0.0445
OKX	-14.41%	4h	$907K	$0.0446
Pionex	-18.92%	4h	$11K	$0.0446
Toobit	-20.29%	4h	$271K	$0.0445
Bitunix	-20.49%	4h	—	$0.0445
WEEX	-21.30%	4h	$961K	$0.0446
Binance Futures	-22.26%	4h	$4.1M	$0.0445
LBank	-22.44%	4h	—	$0.0446
MEXC	-22.79%	4h	$1.7M	$0.0446
BloFinBest Long	-24.59%	4h	$192K	$0.0445

KMNO Perpetual Swap Funding Rate by Exchange

How KMNO funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

KMNO funding rates explained

Frequently asked questions