Funding you earn now, next payment 22:00 UTC−0.0506%/8h= −55.4% APRpaid last 24h +0.105%
Price spread now: Kraken Futures against Binance+0.229%54s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1441.437% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 3 days (all we have)−0.305%−$30 · spread now +0.229%, 7d avg +0.058%
=The price spread pays, funding is against you. Kraken Futures is 0.171% dearer against Binance than usual: you sell high and buy low (spread +0.229% now, against its 7-day average of +0.058%): +$17 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.101% in total) that is about 12 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BOMEUSDT | 0.001056 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $9.5M | $30.4M | 50x |
| Short | Kraken Futures PF_BOMEUSD | 0.001058 | −0.0406 | pay 0.0051% / 1h | 25m 29s | $110K | $168K | 10x |
Binance BOMEUSDT
Kraken Futures PF_BOMEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$106.19
- Price spread: +0.229% → +0.058%
- $17.06
- Slippage, 4 orders
- −$123.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$232.85
- Costs to cover
- 1.437%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Kraken Futures: live order book, 62 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 0.47 bp | 17.2 bp −$17 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 62 min ago | 5.67 bp | 44.0 bp −$44 | 1597.3 bp −$16.0K | doesn't fit | doesn't fit |
BOME on 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BOMEUSDshort | −0.0406% | 1h | 0.001058 | +0.229% | $110K | $168K | 10x | |
| Deribit BOME_USDC-PERPETUAL | −0.0128% | 1h | 0.001057 | +0.137% | $33K | $10K | 10x | as long as short |
| GMX BOME/USD [WBTC.b-USDC] | L 0.0000% / S +0.0270% | 1h | 0.001055 | −0.081% | $9 | — | 100x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −11.370% | $1K | $36K | 5.5x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001055 | −0.063% | $34K | $49K | 10x | as long as short |
| Binance BOMEUSDTlong | +0.0100% | 4h | 0.001056 | long leg | $9.5M | $30.4M | 50x | |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001056 | +0.005% | $2.9M | $3.9M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001056 | +0.024% | $2.8M | $11.8M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001056 | +0.024% | $3.0M | $1.8M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001056 | +0.005% | $933K | $679K | 200x | as long as short |
Deribit BOME_USDC-PERPETUAL
GMX BOME/USD [WBTC.b-USDC]
Injective BOME/USDC PERP
Aster BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001056 | +0.005% | $660K | $715K | 50x | as long as short |
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001057 | +0.081% | $3.3M | $1.8M | 50x | as long as short |
| BingX BOME-USDT | +0.0100% | 4h | 0.001056 | +0.014% | — | $31.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001054 | −0.147% | $23K | $17K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001057 | +0.128% | $5K | $171K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001055 | −0.046% | $7K | — | 5x | as long as short |
| BloFin BOME-USDT | +0.0108% | 4h | 0.001054 | −0.147% | $757K | $160K | 50x | as long as short |
| Coinbase International BOME-PERP-INTX | +0.0120% | 1h | 0.001060 | +0.365% | $71K | $530K | 50x | as long as short |
| Hyperliquid BOME | +0.0713% | 1h | 0.001059 | +0.298% | $4.0M | $439K | 3x | as long as short |
KuCoin BOMEUSDTM
Bitget BOMEUSDT
BingX BOME-USDT
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
BloFin BOME-USDT
Coinbase International BOME-PERP-INTX
Hyperliquid BOME