ArbiLayer

KMNO arbitrage

live

Live Kamino price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.08%Variational → Bybit · Perp–Perp
Best perp–perp spread+0.08%Variational → Bybit
Markets tracked148 venues · 7 perp · 7 spot · 0 DEX
Price range0.42%$0.0389 – $0.0391

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Variational logoVariational$0.039Bybit logoBybit$0.039 +0.08%-0.08% +0.08%— +0.000%— LS Chart →
Variational logoVariational$0.039Binance logoBinance$0.039 +0.05%-0.11% +0.05%— -0.034%— LS Chart →
Bitget logoBitget$0.039Bybit logoBybit$0.039 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Variational logoVariational$0.039MEXC logoMEXC$0.039 +0.03%-0.13% +0.02%— -0.035%— LS Chart →
Variational logoVariational$0.039OKX logoOKX$0.039 +0.03%-0.13% -0.00%— -0.155%— LS Chart →
Bitget logoBitget$0.039Binance logoBinance$0.039 +0.03%-0.13% +0.02%— -0.034%— LS Chart →
OKX logoOKX$0.039Bybit logoBybit$0.039 +0.03%-0.13% +0.05%— +0.155%— LS Chart →
Binance logoBinance$0.039Bybit logoBybit$0.039 0.00%-0.16% +0.01%— +0.034%— LS Chart →
Bitget logoBitget$0.039MEXC logoMEXC$0.039 0.00%-0.16% -0.01%— -0.035%— LS Chart →
Bitget logoBitget$0.039OKX logoOKX$0.039 0.00%-0.16% -0.03%— -0.155%— LS Chart →
MEXC logoMEXC$0.039Bybit logoBybit$0.039 0.00%-0.16% +0.01%— +0.035%— LS Chart →
OKX logoOKX$0.039Binance logoBinance$0.039 0.00%-0.16% +0.02%— +0.120%— LS Chart →
Variational logoVariational$0.039Gate logoGate$0.039 0.00%-0.16% +0.00%— +0.000%— LS Chart →
Gate logoGate$0.039Bybit logoBybit$0.039 -0.03%-0.19% -0.03%— 0.000%— LS Chart →
MEXC logoMEXC$0.039Binance logoBinance$0.039 -0.03%-0.19% -0.03%— +0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

KMNO price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · KMNOUSDTPerpetual $0.039$0.039$0.039-0.04% +0.030%$439.4K
OKX logoOKXPerpetual · KMNO-USDT-SWAPPerpetual $0.039$0.039$0.039-0.10% -0.125%$419.6K
OKX logoOKXSpot · KMNO-USDTSpot $0.0391$0.0391$0.0391+0.07% —$281.8K
MEXC logoMEXCPerpetual · KMNO_USDTPerpetual $0.039$0.039$0.039-0.08% -0.005%$193.2K
Bybit logoBybitSpot · KMNOUSDTSpot $0.0391$0.0391$0.0391+0.08% —$181.0K
Bitget logoBitgetPerpetual · KMNOUSDTPerpetual $0.039$0.039$0.039-0.13% +0.030%$161.8K
Gate logoGatePerpetual · KMNO_USDTPerpetual $0.039$0.039$0.039-0.08% +0.030%$96.4K
KuCoin logoKuCoinSpot · KMNO-USDTSpot $0.039$0.0391$0.0391+0.09% —$35.4K
Bitget logoBitgetSpot · KMNOUSDTSpot $0.0391$0.0391$0.0391+0.16% —$17.0K
Gate logoGateSpot · KMNO_USDTSpot $0.0391$0.0391$0.0391+0.07% —$15.3K
Variational logoVariationalPerpetual · KMNOPerpetual $0.0389$0.039$0.0389-0.26% +0.030%$8.4K
Binance logoBinancePerpetual · KMNOUSDTPerpetual $0.039$0.039$0.039-0.07% -0.004%—
Binance logoBinanceSpot · KMNOUSDTSpot $0.0391$0.0391$0.0391+0.06% ——
MEXC logoMEXCSpot · KMNOUSDTSpot $0.0391$0.0391$0.0391+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

KMNO arbitrage explained

Right now Kamino (KMNO) trades on 8 venues we scan: 7 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.039 and the highest bid on Bitget spot at $0.0391.

The widest KMNO perpetual spread is between Variational and Bybit: long KMNO on Variational at $0.039 and short on Bybit at $0.039 for +0.08% gross, or -0.08% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best KMNO route is to buy spot on MEXC and short the perpetual on Bybit: -0.13% gross, -0.33% net, with +0.030% a day of funding on the short leg.

Spot–spot KMNO arbitrage (buy on MEXC, withdraw, deposit and sell on Bitget) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small KMNO gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: KMNO funding rates · KMNO spread charts · Kamino price · arbitrage scanner for all coins.

Is there a KMNO arbitrage opportunity right now?

The best KMNO route right now is to buy on Variational → sell on Bybit (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest KMNO?

Variational (perp) has the lowest KMNO ask at $0.039, and Bitget (spot) the highest bid at $0.0391. Prices update every 15 seconds on this page.

How many exchanges list KMNO?

ArbiLayer tracks 14 KMNO markets on 8 venues: 7 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage KMNO without transferring coins?

Use two perpetual contracts: go long KMNO on the cheaper exchange (Variational now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins