BOME

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1288%/8h= +141.0% APRnext payment +$1.61 per $10,000 · paid last 24h −0.057%

Price spread now: Coinbase International against Kraken Futures+0.203%7-day average +0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$257as in the Price arb table

costs, in and out, $10k−$2662.658% of the position

Long on Kraken Futures Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.203%, 7d avg +0.113%

Together, before fees+0.158%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Coinbase International is 0.090% dearer against Kraken Futures than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.113%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.61 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	Kraken Futures PF_BOMEUSD	0.001129	−0.0936	get 0.0117% / 1h	9m 00s	$119K	$168K	10x
Short	Coinbase International BOME-PERP-INTX	0.001131	0.0352	get 0.0044% / 1h	9m 00s	$66K	$828K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.203%Rate

Funding earned: $270.47
Price spread: +0.203% → +0.113%: $8.99
Slippage, 4 orders: −$245.78
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $13.67
Costs to cover: 2.658%
Break-even: 6.6 days

Slippage from Kraken Futures: live order book, 23 min ago; Coinbase International: live order book, 24 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, 23 min ago	8.58 bp	99.3 bp −$99	296.2 bp −$2,962	doesn't fit	doesn't fit
Sell Coinbase International live order book, 24 min ago	6.31 bp	18.7 bp −$19	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_BOMEUSDlong	−0.0936%	1h	0.001129	long leg	$119K	$168K	10x
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001129	+0.025%	$10	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−17.091%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001127	−0.145%	$37K	$42K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001130	+0.128%	$10.6M	$31.2M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001129	+0.061%	$3.1M	$4.0M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001132	+0.282%	$3.1M	$11.7M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001129	+0.025%	$3.2M	$1.8M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001129	+0.025%	$1.3M	$739K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001130	+0.087%	$704K	$835K	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	0.001130	+0.141%	$3.6M	$2.2M	50x	as long as short
BingX BOME-USDC	+0.0100%	4h	0.001130	+0.158%	—	$6.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001120	−0.766%	$22K	$15K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001130	+0.087%	$4K	$140K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001129	+0.013%	$8K	—	5x	as long as short
BloFin BOME-USDT	+0.0106%	4h	0.001126	−0.276%	$799K	$179K	50x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0352%	1h	0.001131	+0.203%	$66K	$828K	50x
Deribit BOME_USDC-PERPETUAL	+0.0370%	1h	0.001129	+0.034%	$8K	$37K	10x	as long as short
Hyperliquid BOME	+0.1476%	1h	0.001132	+0.291%	$4.3M	$701K	3x	as long as short