The Knicks’ interest in trading Kyle O’Quinn at the Feb. 9 trade deadline will rise at the same rate as their chances of making the draft lottery. According to league sources, O’Quinn’s market value will depend on how clubs view his opt-out clause. The Knicks are under the impression O’Quinn, a Queens product who is on a modest pact considering his improvement this season, will opt out this summer. He is set to make $4.25 million next season in the last year of his four-year pact. If a team is using O’Quinn — who had eight points, four rebounds and three assists in 16 minutes in the Knicks’ 119-107 Thursday night loss to the Spurs — as a short-term rental, it could be willing to give up less to acquire him than a club eager to sign him long-term after he opts out. According to sources, the Knicks are considering alleviating their center logjam to open up playing time for Willy Hernangomez, 23, who is growing more antsy after having not played in 11 of the past 12 games, including Thursday’s game against the Spurs. Of course, if the Knicks are in the thick of the race, they will need a legitimate return.