Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0269%/8h= −29.5% APRpaid last 24h −0.089%

Price spread now: MEXC against Kraken Futures−0.117%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1291.285% 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+0.086%+$9 on $10k

Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.117%, 7d avg −0.060%

Together, before fees+0.162%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.058% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.060%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.086%, 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 0.086% in total (about 4.5% 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	0.001069	0.0369	pay 0.0046% / 1h	25m 10s	$112K	$147K	10x
Short	MEXC BOME_USDT	0.001067	0.0100	get 0.0050% / 4h	2h 25m	$1.0M	$669K	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 −0.117%Rate

Funding earned: −$56.49
Price spread: −0.117% → −0.060%: −$5.76
Slippage, 4 orders: −$114.51
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$190.76
Costs to cover: 1.285%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 22 min ago; MEXC: live order book, 1 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, 22 min ago	10.26 bp	51.0 bp −$51	227.6 bp −$2,276	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.47 bp	9.2 bp −$9	49.7 bp −$497	90.2 bp −$9,025	278.3 bp −$139.2K

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	0.001068	−0.052%	$10	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−12.424%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001067	−0.112%	$35K	$45K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001067	−0.100%	$9.9M	$27.8M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001068	−0.098%	$2.9M	$3.7M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001068	−0.052%	$2.9M	$10.2M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001066	−0.267%	$3.0M	$1.7M	50x	as long as short
MEXC BOME_USDTshort	+0.0100%	4h	0.001067	−0.117%	$1.0M	$669K	200x
KuCoin BOMEUSDTM	+0.0100%	4h	0.001068	−0.098%	$615K	$822K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001069	+0.033%	$3.4M	$1.9M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BOME-USDC	+0.0100%	4h	0.001066	−0.248%	—	$6.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001066	−0.265%	$23K	$13K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001069	+0.042%	$4K	$132K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001069	0.000%	$7K	—	5x	as long as short
BloFin BOME-USDT	+0.0114%	4h	0.001069	+0.042%	$780K	$163K	50x	as long as short
Coinbase International BOME-PERP-INTX	+0.0312%	1h	0.001069	+0.051%	$70K	$646K	50x	as long as short
Kraken Futures PF_BOMEUSDlong	+0.0369%	1h	0.001069	long leg	$112K	$147K	10x
Deribit BOME_USDC-PERPETUAL	+0.0686%	1h	0.001069	+0.070%	$20K	$26K	10x	as long as short
Hyperliquid BOME	+0.1514%	1h	0.001072	+0.323%	$4.0M	$456K	3x	as long as short