Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h −0.091%

Price spread now: BloFin against Kraken Futures−0.147%57s7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$170as 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−$1771.768% of the position

Long on Kraken Futures Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.073%+$7 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.147%, 7d avg −0.090%

Together, before fees+0.078%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.057% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.090%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BOMEUSD	0.001089	0.0224	pay 0.0028% / 1h	49m 56s	$114K	$147K	10x
Short	BloFin BOME-USDT	0.001087	0.0097	get 0.0048% / 4h	3h 49m	$771K	$163K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Kraken Futures. 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 Kraken FuturesbpFee BloFinbpOrdersPrice spread, now −0.147%Rate

Funding earned: −$26.65
Price spread: −0.147% → −0.090%: −$5.71
Slippage, 4 orders: −$154.81
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$209.17
Costs to cover: 1.768%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 2 min ago; BloFin: 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 Kraken Futures live order book, 2 min ago	9.64 bp	60.5 bp −$61	194.2 bp −$1,942	doesn't fit	doesn't fit
Sell BloFin live order book, 47 min ago	0.47 bp	18.2 bp −$18	51.0 bp −$510	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	0.001088	−0.101%	$10	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	+0.0026%	1h	0.001089	−0.018%	$26K	$21K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−14.076%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDTshort	+0.0097%	4h	0.001087	−0.147%	$771K	$163K	50x
Hyperliquid BOME	+0.0100%	1h	0.001092	+0.266%	$4.1M	$448K	3x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001089	+0.005%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001090	+0.058%	$10.0M	$27.8M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001090	+0.064%	$3.0M	$3.8M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001091	+0.147%	$2.9M	$10.6M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001090	+0.092%	$3.1M	$1.7M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BOME_USDT	+0.0100%	4h	0.001090	+0.083%	$1.0M	$670K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001089	+0.037%	$621K	$796K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001091	+0.165%	$3.5M	$1.8M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001090	+0.083%	—	$31.1M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001087	−0.187%	$23K	$14K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001090	+0.119%	$4K	$147K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001089	+0.016%	$8K	—	5x	as long as short
Kraken Futures PF_BOMEUSDlong	+0.0224%	1h	0.001089	long leg	$114K	$147K	10x
Coinbase International BOME-PERP-INTX	+0.0304%	1h	0.001090	+0.064%	$68K	$616K	50x	as long as short