BOME

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0526%/8h= −57.6% APRnext payment −$0.66 per $10,000 · paid last 24h +0.103%

Price spread now: Kraken Futures against Coinbase International−0.240%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1511.514% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.126%−$13 on $10k

Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.240%, 7d avg −0.109%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Kraken Futures is 0.131% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.109%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.126% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.66 per $10,000. 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	Coinbase International BOME-PERP-INTX	0.001060	0.0120	pay 0.0015% / 1h	24m 22s	$71K	$530K	50x
Short	Kraken Futures PF_BOMEUSD	0.001057	−0.0406	pay 0.0051% / 1h	24m 22s	$110K	$168K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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 Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −0.240%Rate

Funding earned: −$110.48
Price spread: −0.240% → −0.109%: −$13.11
Slippage, 4 orders: −$131.37
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$274.96
Costs to cover: 1.514%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 63 min ago; Kraken Futures: live order book, 63 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 Coinbase International live order book, 63 min ago	6.63 bp	17.7 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 63 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	0.001057	−0.240%	$110K	$168K	10x
Deribit BOME_USDC-PERPETUAL	−0.0034%	1h	0.001057	−0.264%	$33K	$10K	10x	as long as short
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001056	−0.349%	$9	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−11.692%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001057	−0.252%	$34K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001056	−0.368%	$9.5M	$30.4M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001056	−0.311%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001057	−0.283%	$2.8M	$11.8M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001057	−0.283%	$3.0M	$1.8M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001056	−0.321%	$934K	$679K	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BOMEUSDTM	+0.0100%	4h	0.001056	−0.340%	$660K	$715K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001057	−0.255%	$3.3M	$1.8M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001056	−0.321%	—	$31.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001057	−0.272%	$23K	$17K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001056	−0.359%	$5K	$171K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001056	−0.344%	$7K	—	5x	as long as short
Coinbase International BOME-PERP-INTXlong	+0.0120%	1h	0.001060	long leg	$71K	$530K	50x
BloFin BOME-USDT	+0.0152%	4h	0.001056	−0.368%	$757K	$160K	50x	as long as short
Hyperliquid BOME	+0.0701%	1h	0.001059	−0.066%	$4.0M	$437K	3x	as long as short