A delta-neutral position would go long on Backpack Exchange (+1.37%) and short on Variational (+10.95%), collecting roughly 9.6% APR before fees, slippage and margin costs.
Funding is shown both as the venue quotes it and annualised, so venues on different settlement intervals line up.
| Venue | Market | Mark | Funding APR | Per hour | Next | Open interest | 24h vol | Max lev |
|---|---|---|---|---|---|---|---|---|
| KMNO_USDC_PERP | $0.0190 | +1.37% | +0.0002% | 0m | $42.7K 2.25M KMNO | $169K | - | |
Sampled continuously and bucketed to four hours.
| KMNO |
| $0.0191 |
| +10.95% |
| +0.0013% |
| 1h |
| $14.6K |
| $1.6K |
| 20× |