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= −8.6% APRpaid last 24h −0.090%

Price spread now: Gate against Kraken Futures−0.141%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$229as in the Funding arb table

Net, price: spread back to 7d avg − costs−$255as in the Price arb table

costs, in and out, $10k−$2412.409% of the position

Long on Kraken Futures Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.115%+$12 on $10k

Price spread, last 3 days (all we have)+0.274%+$27 · spread now −0.141%, 7d avg +0.001%

Together, before fees+0.389%+$39 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.141% cheaper against Kraken Futures than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.115%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BOMEUSD	0.001060	0.0179	pay 0.0022% / 1h	21m 27s	$110K	$171K	10x
Short	Gate BOME_USDT	0.001058	0.0100	get 0.0050% / 4h	1h 21m	$3.0M	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.141%Rate

Funding earned: −$16.53
Price spread: −0.141% → +0.001%: −$14.13
Slippage, 4 orders: −$215.94
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$271.59
Costs to cover: 2.409%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 61 min ago; Gate: live order book, 2 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, 61 min ago	7.57 bp	55.1 bp −$55	198.4 bp −$1,984	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.83 bp	55.5 bp −$55	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	0.001058	−0.160%	$9	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001059	−0.056%	$33K	$10K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−11.691%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDT	+0.0042%	4h	0.001056	−0.386%	$756K	$160K	50x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001058	−0.165%	$34K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001058	−0.141%	$9.5M	$30.3M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001059	−0.103%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001059	−0.046%	$2.8M	$11.7M	20x	as long as short
Gate BOME_USDTshort	+0.0100%	4h	0.001058	−0.141%	$3.0M	$1.8M	50x
MEXC BOME_USDT	+0.0100%	4h	0.001058	−0.112%	$965K	$685K	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	0.001058	−0.169%	$634K	$739K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001060	+0.010%	$3.4M	$1.8M	50x	as long as short
BingX BOME-USDC	+0.0100%	4h	0.001058	−0.141%	—	$6.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001058	−0.205%	$23K	$17K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001058	−0.188%	$5K	$170K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001058	−0.169%	$7K	—	5x	as long as short
Coinbase International BOME-PERP-INTX	+0.0144%	1h	0.001059	−0.046%	$68K	$534K	50x	as long as short
Kraken Futures PF_BOMEUSDlong	+0.0179%	1h	0.001060	long leg	$110K	$171K	10x
Hyperliquid BOME	+0.0627%	1h	0.001062	+0.218%	$4.0M	$438K	3x	as long as short