Funding you earn now, next payment 03:00 UTC+0.1552%/8h= +170.0% APRnext payment +$1.94 per $10,000 · paid last 24h +0.082%
Price spread now: Hyperliquid against Kraken Futures+0.326%7-day average +0.233% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1691.691% of the position
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 4 days (all we have)+0.516%+$52 · spread now +0.326%, 7d avg +0.233%
=Together, before fees+0.913%+ Points / potential airdropHyperliquid: Season 2 · farm board+$91 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and Hyperliquid is 0.093% 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 +0.233%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.397% in total (about 20.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.94 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 | 0.001072 | −0.0278 | get 0.0035% / 1h | 43m 59s | $113K | $164K | 10x |
| Short | Hyperliquid BOME | 0.001075 | 0.1274 | get 0.0159% / 1h | 43m 59s | $4.0M | $454K | 3x |
Kraken Futures PF_BOMEUSD
Hyperliquid BOMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $325.99
- Price spread: +0.326% → +0.233%
- $9.27
- Slippage, 4 orders
- −$150.08
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $166.18
- Costs to cover
- 1.691%
- Break-even
- 3.4 days
Slippage from Kraken Futures: live order book, 18 min ago; Hyperliquid: live order book, 8 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, 18 min ago | 7.97 bp | 59.8 bp −$60 | 215.1 bp −$2,151 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 4.66 bp | 22.2 bp −$22 | 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 | −0.0278% | 1h | 0.001072 | long leg | $113K | $164K | 10x | |
| GMX BOME/USD [WBTC.b-USDC] | L 0.0000% / S +0.0270% | 1h | 0.001070 | −0.141% | $10 | — | 100x | as long as short |
| Deribit BOME_USDC-PERPETUAL | 0.0000% | 1h | 0.001071 | −0.075% | $31K | $16K | 10x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −12.665% | $1K | $36K | 5.5x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001072 | +0.064% | $35K | $49K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001072 | +0.011% | $9.8M | $30.0M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001072 | +0.046% | $2.9M | $4.0M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001071 | −0.010% | $2.9M | $11.4M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001071 | −0.066% | $3.0M | $1.7M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001072 | +0.027% | $1.0M | $696K | 200x | as long as short |
GMX BOME/USD [WBTC.b-USDC]
Deribit BOME_USDC-PERPETUAL
Injective BOME/USDC PERP
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001071 | −0.047% | $621K | $802K | 50x | as long as short |
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001073 | +0.093% | $3.4M | $1.9M | 50x | as long as short |
| BingX BOME-USDT | +0.0100% | 4h | 0.001072 | +0.046% | — | $31.1M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001070 | −0.163% | $23K | $18K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001073 | +0.093% | $6K | $161K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001071 | −0.035% | $7K | — | 5x | as long as short |
| BloFin BOME-USDT | +0.0127% | 4h | 0.001073 | +0.111% | $763K | $159K | 50x | as long as short |
| Coinbase International BOME-PERP-INTX | +0.0288% | 1h | 0.001072 | +0.027% | $69K | $582K | 50x | as long as short |
| Hyperliquid BOMEshort | +0.1274% | 1h | 0.001075 | +0.326% | $4.0M | $454K | 3x |
KuCoin BOMEUSDTM
Bitget BOMEUSDT
BingX BOME-USDT
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
BloFin BOME-USDT
Coinbase International BOME-PERP-INTX