Funding you earn now, next payment 09:00 UTC−0.2040%/8h= −223.4% APRnext payment −$2.55 per $10,000 · paid last 24h −0.169%
Price spread now: Kraken Futures against Hyperliquid−0.528%7-day average −0.249% · you buy dearer than you sell
Net, funding: paid 7d − costs−$379as in the Funding arb table
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3333.327% of the position
Funding, last 7 days−0.459%−$46 on $10k
+Price spread, last 4 days (all we have)−0.315%−$31 · spread now −0.528%, 7d avg −0.249%
=Together, before fees−0.774%+ Points / potential airdropHyperliquid: Season 2 · farm board−$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$61 a day on $10k at the current rate, and Kraken Futures is 0.279% cheaper against Hyperliquid than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.249%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.459% in total (about -23.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.55 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 | Hyperliquid BOME | 0.001122 | 0.1094 | pay 0.0137% / 1h | 39m 55s | $4.3M | $527K | 3x |
| Short | Kraken Futures PF_BOMEUSD | 0.001116 | −0.0947 | pay 0.0118% / 1h | 39m 55s | $118K | $168K | 10x |
Hyperliquid BOME
Kraken Futures PF_BOMEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. 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
- −$428.49
- Price spread: −0.528% → −0.249%
- −$27.9
- Slippage, 4 orders
- −$313.65
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$789.04
- Costs to cover
- 3.327%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; Kraken Futures: live order book, 57 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 Hyperliquid live order book, 2 min ago | 4.45 bp | 31.7 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 57 min ago | 23.26 bp | 128.0 bp −$128 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BOMEUSDshort | −0.0947% | 1h | 0.001116 | −0.528% | $118K | $168K | 10x | |
| GMX BOME/USD [WBTC.b-USDC] | L 0.0000% / S +0.0270% | 1h | 0.001112 | −0.891% | $10 | — | 100x | as long as short |
| Deribit BOME_USDC-PERPETUAL | 0.0000% | 1h | 0.001117 | −0.455% | $8K | $39K | 10x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −16.595% | $1K | $36K | 5.5x | as long as short |
| BloFin BOME-USDT | +0.0091% | 4h | 0.001113 | −0.775% | $799K | $177K | 50x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001117 | −0.414% | $36K | $42K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001118 | −0.383% | $10.5M | $31.2M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001117 | −0.437% | $3.0M | $4.0M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001119 | −0.258% | $3.1M | $11.6M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001118 | −0.365% | $3.2M | $1.8M | 50x | as long as short |
GMX BOME/USD [WBTC.b-USDC]
Deribit BOME_USDC-PERPETUAL
Injective BOME/USDC PERP
BloFin BOME-USDT
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BOME_USDT | +0.0100% | 4h | 0.001118 | −0.383% | $1.3M | $724K | 200x | as long as short |
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001118 | −0.321% | $699K | $833K | 50x | as long as short |
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001118 | −0.392% | $3.6M | $2.2M | 50x | as long as short |
| BingX BOME-USDC | +0.0100% | 4h | 0.001118 | −0.357% | — | $6.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001118 | −0.364% | $22K | $15K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001118 | −0.374% | $4K | $146K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001117 | −0.430% | $8K | — | 5x | as long as short |
| Coinbase International BOME-PERP-INTX | +0.0352% | 1h | 0.001119 | −0.241% | $66K | $817K | 50x | as long as short |
| Hyperliquid BOMElong | +0.1094% | 1h | 0.001122 | long leg | $4.3M | $527K | 3x |
MEXC BOME_USDT
KuCoin BOMEUSDTM
Bitget BOMEUSDT
BingX BOME-USDC
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
Coinbase International BOME-PERP-INTX