Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h −0.097%

Price spread now: KuCoin against Kraken Futures+0.056%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$250as in the Price arb table

costs, in and out, $10k−$2562.562% of the position

Long on Kraken Futures Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.177%+$18 · spread now +0.056%, 7d avg −0.003%

Together, before fees+0.275%+$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.059% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.003%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. Mind the row above: over the last 7 days funding on this pair paid +0.098%, 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	0.001077	0.0202	pay 0.0025% / 1h	19m 16s	$113K	$154K	10x
Short	KuCoin BOMEUSDTM	0.001078	0.0100	get 0.0050% / 4h	19m 16s	$620K	$798K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$21.46
Price spread: +0.056% → −0.003%: $5.87
Slippage, 4 orders: −$234.16
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$271.75
Costs to cover: 2.562%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 38 min ago; KuCoin: live order book, 65 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, 38 min ago	11.79 bp	71.2 bp −$71	202.5 bp −$2,025	doesn't fit	doesn't fit
Sell KuCoin live order book, 65 min ago	11.13 bp	45.5 bp −$45	367.7 bp −$3,677	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	0.001077	−0.019%	$10	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−13.127%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001077	+0.004%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001077	−0.004%	$9.9M	$28.6M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001077	−0.028%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001078	+0.083%	$2.8M	$11.1M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001077	0.000%	$3.0M	$1.7M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001077	−0.009%	$1.0M	$699K	200x	as long as short
KuCoin BOMEUSDTMshort	+0.0100%	4h	0.001078	+0.056%	$620K	$798K	50x
Bitget BOMEUSDT	+0.0100%	4h	0.001078	+0.093%	$3.4M	$1.8M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BOME-USDT	+0.0100%	4h	0.001077	−0.009%	—	$31.1M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001074	−0.302%	$23K	$14K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001077	0.000%	$4K	$156K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001077	−0.035%	$8K	—	5x	as long as short
BloFin BOME-USDT	+0.0117%	4h	0.001074	−0.288%	$764K	$164K	50x	as long as short
Kraken Futures PF_BOMEUSDlong	+0.0202%	1h	0.001077	long leg	$113K	$154K	10x
Hyperliquid BOME	+0.0251%	1h	0.001079	+0.167%	$4.0M	$448K	3x	as long as short
Deribit BOME_USDC-PERPETUAL	+0.0307%	1h	0.001078	+0.056%	$26K	$22K	10x	as long as short
Coinbase International BOME-PERP-INTX	+0.0312%	1h	0.001078	+0.111%	$68K	$607K	50x	as long as short