Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h +0.099%

Price spread now: Kraken Futures against OKX−0.049%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$191as in the Funding arb table

Net, price: spread back to 7d avg − costs−$187as in the Price arb table

costs, in and out, $10k−$1811.813% of the position

Long on OKX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.097%−$10 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.049%, 7d avg +0.005%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.054% cheaper against OKX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.005%). If the spread goes back, that is −$5 on $10k: about 35 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BOME-USDT-SWAP	0.001090	0.0100	pay 0.0050% / 4h	3h 52m	$2.9M	$10.7M	20x
Short	Kraken Futures PF_BOMEUSD	0.001090	0.0224	get 0.0028% / 1h	52m 16s	$114K	$147K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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 OKXbpFee Kraken FuturesbpOrdersPrice spread, now −0.049%Rate

Funding earned: $25.97
Price spread: −0.049% → +0.005%: −$5.36
Slippage, 4 orders: −$161.3
Fee OKX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$160.69
Costs to cover: 1.813%
Break-even: 50.3 days

Slippage from OKX: live order book, 6 min ago; Kraken Futures: 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 OKX live order book, 6 min ago	1.83 bp	17.7 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 65 min ago	11.79 bp	79.0 bp −$79	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	0.001089	−0.119%	$10	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−14.170%	$1K	$36K	5.5x	as long as short
Hyperliquid BOME	+0.0100%	1h	0.001090	−0.028%	$4.1M	$445K	3x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001089	−0.125%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001090	−0.048%	$10.0M	$27.8M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001088	−0.174%	$3.0M	$3.8M	25x	as long as short
OKX BOME-USDT-SWAPlong	+0.0100%	4h	0.001090	long leg	$2.9M	$10.7M	20x
Gate BOME_USDT	+0.0100%	4h	0.001089	−0.092%	$3.1M	$1.7M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001088	−0.248%	$1.0M	$669K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001091	+0.037%	$622K	$795K	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	0.001089	−0.092%	$3.4M	$1.8M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001089	−0.110%	—	$31.1M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001085	−0.490%	$23K	$14K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001089	−0.147%	$4K	$147K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001089	−0.102%	$8K	—	5x	as long as short
BloFin BOME-USDT	+0.0133%	4h	0.001093	+0.238%	$775K	$163K	50x	as long as short
Kraken Futures PF_BOMEUSDshort	+0.0224%	1h	0.001090	−0.049%	$114K	$147K	10x
Coinbase International BOME-PERP-INTX	+0.0304%	1h	0.001089	−0.092%	$68K	$616K	50x	as long as short
Deribit BOME_USDC-PERPETUAL	+0.0576%	1h	0.001090	−0.009%	$26K	$21K	10x	as long as short