Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.091%

Price spread now: Kraken Futures against BloFin−0.320%57s7-day average +0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1741.743% of the position

Long on BloFin Short on Kraken Futures

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)+0.462%+$46 · spread now −0.320%, 7d avg +0.090%

Together, before fees+0.389%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.410% cheaper against BloFin than usual: you would sell low and buy high (spread −0.320% now, against its 7-day average of +0.090%). If the spread goes back, that is −$41 on $10k: about 14 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BOME-USDT	0.001081	0.0130	pay 0.0065% / 4h	3h 16m	$799K	$165K	50x
Short	Kraken Futures PF_BOMEUSD	0.001077	0.0226	get 0.0028% / 1h	16m 11s	$113K	$148K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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 BloFinbpFee Kraken FuturesbpOrdersPrice spread, now −0.320%Rate

Funding earned: $20.25
Price spread: −0.320% → +0.090%: −$41.01
Slippage, 4 orders: −$152.28
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$195.04
Costs to cover: 1.743%
Break-even: 74.4 days

Slippage from BloFin: live order book, 15 min ago; Kraken Futures: live order book, 36 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 BloFin live order book, 15 min ago	0.46 bp	9.6 bp −$10	25.2 bp −$252	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 36 min ago	9.64 bp	81.1 bp −$81	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	0.001077	−0.342%	$10	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001078	−0.268%	$23K	$23K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−13.408%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001080	−0.104%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001078	−0.274%	$10.0M	$28.0M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001078	−0.222%	$2.9M	$3.7M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001078	−0.213%	$2.8M	$10.4M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001079	−0.130%	$3.0M	$1.7M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001077	−0.296%	$1.0M	$679K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001079	−0.148%	$625K	$818K	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	0.001079	−0.157%	$3.4M	$1.9M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001079	−0.157%	—	$31.2M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001081	+0.038%	$23K	$13K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001078	−0.259%	$4K	$133K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001078	−0.268%	$8K	—	5x	as long as short
BloFin BOME-USDTlong	+0.0130%	4h	0.001081	long leg	$799K	$165K	50x
Kraken Futures PF_BOMEUSDshort	+0.0226%	1h	0.001077	−0.320%	$113K	$148K	10x
Coinbase International BOME-PERP-INTX	+0.0304%	1h	0.001078	−0.231%	$67K	$642K	50x	as long as short
Hyperliquid BOME	+0.1095%	1h	0.001082	+0.120%	$4.0M	$452K	3x	as long as short