Funding you earn now, next payment 06:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.089%
Price spread now: Bybit against Kraken Futures+0.047%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2182.178% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.047%, 7d avg −0.047%
=The price spread pays, funding is against you. Bybit is 0.094% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.047%): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.5% 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 | Kraken Futures PF_BOMEUSD | 0.001073 | 0.0368 | pay 0.0046% / 1h | 49m 16s | $112K | $148K | 10x |
| Short | Bybit BOMEUSDT | 0.001073 | 0.0100 | get 0.0050% / 4h | 2h 49m | $2.9M | $3.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$56.19
- Price spread: +0.047% → −0.047%
- $9.42
- Slippage, 4 orders
- −$196.8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$264.57
- Costs to cover
- 2.178%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 63 min ago; Bybit: live order book, 3 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, 63 min ago | 9.64 bp | 60.5 bp −$61 | 194.2 bp −$1,942 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.80 bp | 37.8 bp −$38 | 165.1 bp −$1,651 | 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 | 0.001073 | +0.020% | $10 | — | 100x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −12.770% | $1K | $36K | 5.5x | as long as short |
| BloFin BOME-USDT | +0.0047% | 4h | 0.001074 | +0.122% | $788K | $163K | 50x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001074 | +0.148% | $35K | $45K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001074 | +0.109% | $9.9M | $27.8M | 50x | as long as short |
| Bybit BOMEUSDTshort | +0.0100% | 4h | 0.001073 | +0.047% | $2.9M | $3.7M | 25x | |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001075 | +0.215% | $2.9M | $10.3M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001074 | +0.113% | $3.0M | $1.7M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001074 | +0.075% | $1.0M | $657K | 200x | as long as short |
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001074 | +0.150% | $620K | $825K | 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 | 0.001074 | +0.150% | $3.4M | $1.9M | 50x | as long as short |
| BingX BOME-USDT | +0.0100% | 4h | 0.001074 | +0.085% | — | $31.2M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001073 | −0.012% | $23K | $13K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001074 | +0.066% | $4K | $131K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001074 | +0.089% | $8K | — | 5x | as long as short |
| Deribit BOME_USDC-PERPETUAL | +0.0123% | 1h | 0.001074 | +0.113% | $21K | $25K | 10x | as long as short |
| Coinbase International BOME-PERP-INTX | +0.0312% | 1h | 0.001076 | +0.271% | $71K | $651K | 50x | as long as short |
| Kraken Futures PF_BOMEUSDlong | +0.0368% | 1h | 0.001073 | long leg | $112K | $148K | 10x | |
| Hyperliquid BOME | +0.1481% | 1h | 0.001078 | +0.486% | $4.0M | $452K | 3x | as long as short |
Kraken Futures PF_BOMEUSD
Bybit BOMEUSDT
GMX BOME/USD [WBTC.b-USDC]
Injective BOME/USDC PERP
BloFin BOME-USDT
Aster BOMEUSDT
Binance BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDT
KuCoin BOMEUSDTM
Bitget BOMEUSDT
BingX BOME-USDT
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
Deribit BOME_USDC-PERPETUAL
Coinbase International BOME-PERP-INTX
Hyperliquid BOME