Funding you earn now, next payment 03:00 UTC−0.0378%/8h= −41.3% APRpaid last 24h +0.105%
Price spread now: Kraken Futures against BingX−0.012%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1441.443% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.316%−$32 · spread now −0.012%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Kraken Futures is 0.036% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment. 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 | BingX BOME-USDT | 0.001074 | 0.0100 | pay 0.0050% / 4h | 1h 30m | — | $31.1M | — |
| Short | Kraken Futures PF_BOMEUSD | 0.001074 | −0.0278 | pay 0.0035% / 1h | 30m 41s | $113K | $164K | 10x |
BingX BOME-USDT
Kraken Futures PF_BOMEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$79.3
- Price spread: −0.012% → +0.024%
- −$3.57
- Slippage, 4 orders
- −$124.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$227.2
- Costs to cover
- 1.443%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Kraken Futures: live order book, 32 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 BingX live order book, 8 min ago | 0.94 bp | 12.4 bp −$12 | 25.2 bp −$252 | 552.1 bp −$55.2K | 1022.4 bp −$511.2K |
| Sell Kraken Futures live order book, 32 min ago | 7.97 bp | 59.5 bp −$60 | 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_BOMEUSDshort | −0.0278% | 1h | 0.001074 | −0.012% | $113K | $164K | 10x | |
| GMX BOME/USD [WBTC.b-USDC] | L 0.0000% / S +0.0270% | 1h | 0.001072 | −0.186% | $10 | — | 100x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −12.868% | $1K | $36K | 5.5x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001073 | −0.078% | $35K | $49K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001073 | −0.067% | $9.8M | $30.0M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001073 | −0.121% | $2.9M | $4.0M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001074 | +0.019% | $2.9M | $11.4M | 20x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001073 | −0.121% | $1.0M | $698K | 200x | as long as short |
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001073 | −0.102% | $622K | $801K | 50x | as long as short |
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001074 | +0.037% | $3.4M | $1.9M | 50x | as long as short |
GMX BOME/USD [WBTC.b-USDC]
Injective BOME/USDC PERP
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
MEXC BOME_USDT
KuCoin BOMEUSDTM
Bitget BOMEUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BOME-USDTlong | +0.0100% | 4h | 0.001074 | long leg | — | $31.1M | — | |
| Variational Omni BOME | +0.0100% | 4h | 0.001072 | −0.146% | $23K | $14K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001072 | −0.149% | $6K | $161K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001073 | −0.097% | $7K | — | 5x | as long as short |
| BloFin BOME-USDT | +0.0116% | 4h | 0.001073 | −0.112% | $759K | $159K | 50x | as long as short |
| Gate BOME_USDT | +0.0118% | 4h | 0.001074 | 0.000% | $3.0M | $1.8M | 50x | as long as short |
| Deribit BOME_USDC-PERPETUAL | +0.0123% | 1h | 0.001073 | −0.093% | $31K | $16K | 10x | as long as short |
| Coinbase International BOME-PERP-INTX | +0.0288% | 1h | 0.001073 | −0.065% | $69K | $583K | 50x | as long as short |
| Hyperliquid BOME | +0.1515% | 1h | 0.001077 | +0.279% | $4.0M | $454K | 3x | as long as short |
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
BloFin BOME-USDT
Gate BOME_USDT
Deribit BOME_USDC-PERPETUAL
Coinbase International BOME-PERP-INTX
Hyperliquid BOME