Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h +0.090%

Price spread now: Kraken Futures against BingX−0.031%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1411.408% of the position

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.125%−$12 on $10k

Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.031%, 7d avg +0.025%

Together, before fees−0.135%−$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.056% cheaper against BingX than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.025%). If the spread goes back, that is −$6 on $10k: about 2.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BOME-USDT	0.001057	0.0100	pay 0.0050% / 4h	1h 35m	—	$31.5M	—
Short	Kraken Futures PF_BOMEUSD	0.001057	0.0179	get 0.0022% / 1h	35m 43s	$110K	$170K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee Kraken FuturesbpOrdersPrice spread, now −0.031%Rate

Funding earned: $16.63
Price spread: −0.031% → +0.025%: −$5.64
Slippage, 4 orders: −$120.85
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$129.85
Costs to cover: 1.408%
Break-even: 61.6 days

Slippage from BingX: live order book, 3 min ago; Kraken Futures: live order book, 47 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 BingX live order book, 3 min ago	2.36 bp	13.7 bp −$14	21.2 bp −$212	483.5 bp −$48.3K	939.6 bp −$469.8K
Sell Kraken Futures live order book, 47 min ago	7.57 bp	57.2 bp −$57	doesn't fit	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
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001057	0.000%	$9	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001057	+0.038%	$33K	$10K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−11.466%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001057	−0.045%	$34K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001056	−0.065%	$9.5M	$30.3M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001057	−0.028%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001058	+0.047%	$2.8M	$11.6M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001057	+0.009%	$3.0M	$1.8M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001056	−0.066%	$953K	$682K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001056	−0.085%	$634K	$737K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BOMEUSDT	+0.0100%	4h	0.001058	+0.057%	$3.4M	$1.8M	50x	as long as short
BingX BOME-USDTlong	+0.0100%	4h	0.001057	long leg	—	$31.5M	—
Variational Omni BOME	+0.0100%	4h	0.001058	+0.064%	$23K	$17K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001055	−0.161%	$5K	$172K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001056	−0.094%	$7K	—	5x	as long as short
BloFin BOME-USDT	+0.0107%	4h	0.001058	+0.114%	$745K	$161K	50x	as long as short
Coinbase International BOME-PERP-INTX	+0.0144%	1h	0.001059	+0.151%	$68K	$534K	50x	as long as short
Kraken Futures PF_BOMEUSDshort	+0.0179%	1h	0.001057	−0.031%	$110K	$170K	10x
Hyperliquid BOME	+0.0604%	1h	0.001060	+0.284%	$4.0M	$438K	3x	as long as short