Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0666%/8h= +73.0% APRpaid last 24h −0.035%

Price spread now: MEXC against Kraken Futures+0.001%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1511.509% of the position

Long on Kraken Futures Short on MEXC

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)−0.017%−$2 · spread now +0.001%, 7d avg −0.046%

Together, before fees+0.056%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and MEXC is 0.047% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.046%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BOMEUSD	0.001067	−0.0566	get 0.0071% / 1h	28m 39s	$112K	$172K	10x
Short	MEXC BOME_USDT	0.001067	0.0100	get 0.0050% / 4h	1h 28m	$1.1M	$739K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.001%Rate

Funding earned: $139.96
Price spread: +0.001% → −0.046%: $4.68
Slippage, 4 orders: −$136.95
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$6.31
Costs to cover: 1.509%
Break-even: 7.3 days

Slippage from Kraken Futures: live order book, 17 min ago; MEXC: live order book, just now.

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, 17 min ago	6.95 bp	77.5 bp −$78	262.5 bp −$2,625	doesn't fit	doesn't fit
Sell MEXC live order book, just now	1.88 bp	8.5 bp −$9	38.7 bp −$387	82.1 bp −$8,206	230.4 bp −$115.2K

BOME on 19 exchanges

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	−0.0566%	1h	0.001067	long leg	$112K	$172K	10x
Deribit BOME_USDC-PERPETUAL	−0.0219%	1h	0.001066	−0.083%	$9K	$37K	10x	as long as short
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001066	−0.074%	$10	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−12.279%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001067	+0.003%	$31K	$45K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001066	−0.053%	$9.9M	$31.4M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001066	−0.046%	$2.9M	$3.8M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001067	+0.001%	$2.9M	$11.0M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001067	+0.029%	$3.0M	$1.9M	50x	as long as short
MEXC BOME_USDTshort	+0.0100%	4h	0.001067	+0.001%	$1.1M	$739K	200x

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BOMEUSDTM	+0.0100%	4h	0.001067	+0.048%	$645K	$861K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001068	+0.076%	$3.4M	$2.3M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001066	−0.055%	—	$31.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001067	+0.010%	$22K	$16K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001066	−0.093%	$3K	$135K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001066	−0.078%	$7K	—	5x	as long as short
BloFin BOME-USDT	+0.0124%	4h	0.001066	−0.111%	$802K	$160K	50x	as long as short
Coinbase International BOME-PERP-INTX	+0.0384%	1h	0.001068	+0.142%	$61K	$776K	50x	as long as short
Hyperliquid BOME	+0.0849%	1h	0.001070	+0.301%	$4.2M	$826K	3x	as long as short