KMNO funding rates and arbitrage

KMNO perpetuals trade on 10 contracts across 10 venues, forming 45 cross-venue arbitrage pairs. By net APR the current best pair is long MEXC against short Coinbase, netting +442.16%, though note the legs settle on different cadences (4h / 1h)。

KMNO perpetual funding rates by venue

APR = current rate × (24 ÷ settlement interval) × 365. Venues settle on different cadences, so rates must be annualised before comparing.

Venue	Contract	Margin	Settlement	Current rate	APR	24h avg APR	24h volume	Mark
Binance	KMNOUSDT	USDT	4h	-0.0165%	-36.04%	-22.90%	$5.3M	0.03916
LBank	KMNOUSDT	USDT	4h	-0.0165%	-36.04%	-22.90%	$3.2M	0.03915
OKX	KMNO-USDT-SWAP	USDT	4h	-0.0032%	-6.99%	-8.97%	$2.0M	0.03916
WhiteBIT	KMNO_PERP	USDT	4h	0.0050%	+10.95%	+10.95%	$1.3M	0.03908
BingX	KMNO-USDT	USDT	4h	-0.0023%	-5.04%	+0.81%	$1.2M	0.03917
Bybit	KMNOUSDT	USDT	4h	0.0023%	+5.12%	-11.96%	$952K	0.03917
MEXC	KMNO_USDT	USDT	4h	-0.0167%	-36.57%	-22.85%	$602K	0.03915
Bitget	KMNOUSDT	USDT	4h	-0.0123%	-26.94%	-26.45%	$325K	0.03913
Gate	KMNO_USDT	USDT	4h	0.0050%	+10.95%	-20.81%	$174K	0.03924
Coinbase	KMNO-PERP	USDC	1h	0.0463%	+405.59%	+405.59%	$53	0.01954

KMNO cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg − long leg.

Long	Short	Net APR	Daily	24h avg	Settlement	Liquidity
MEXC USDT	Coinbase USDC	+442.16%	1.2114%	+428.44%	4h / 1h	$53
Binance USDT	Coinbase USDC	+441.63%	1.2099%	+428.49%	4h / 1h	$53
LBank USDT	Coinbase USDC	+441.63%	1.2099%	+428.49%	4h / 1h	$53
Bitget USDT	Coinbase USDC	+432.53%	1.1850%	+432.04%	4h / 1h	$53
OKX USDT	Coinbase USDC	+412.57%	1.1303%	+414.56%	4h / 1h	$53
BingX USDT	Coinbase USDC	+410.63%	1.1250%	+404.77%	4h / 1h	$53
Bybit USDT	Coinbase USDC	+400.47%	1.0972%	+417.55%	4h / 1h	$53
Gate USDT	Coinbase USDC	+394.64%	1.0812%	+426.39%	4h / 1h	$53
WhiteBIT USDT	Coinbase USDC	+394.64%	1.0812%	+394.64%	4h / 1h	$53
MEXC USDT	Gate USDT	+47.52%	0.1302%	+2.05%	4h matched	$174K
MEXC USDT	WhiteBIT USDT	+47.52%	0.1302%	+33.80%	4h matched	$602K
Binance USDT	Gate USDT	+46.99%	0.1287%	+2.10%	4h matched	$174K

Kamino project profile

Website Whitepaper GitHub X (Twitter)Telegram Discord

Key facts

Total: 10.00B
Max supply: 10.00B
Type: Token
Market cap rank: #166

Decentralized Finance (DeFi)Lending/Borrowing ProtocolsSolana EcosystemBinance Alpha Spotlight

Contract addresses

solanaKMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS

Block explorers

solscan.io intel.arkm.com

About

Kamino Finance was originally created to offer users the easiest possible way of providing liquidity and earning yield on-chain. The protocol's one-click, auto-compounding concentrated liquidity strategies quickly became the most popular LP products on Solana, and laid the foundation for what Kamino is now. Today, Kamino is a first-of-its-kind DeFi protocol that unifies Lending, Liquidity, and Leverage into a single, secure DeFi product suite.

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

KNC0.0%LQTY+128.9%LRCX+49.1%M+85.8%MANTRA+24.7%MASK+31.5%MOVR+240.2%MYX0.0%NFLX+26.7%NMR+95.9%ONE+248.1%OPEN+58.0%

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