Settings8H · net · $10k
Funding arb · Price arb /

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0078%/8h= +8.6% APRpaid last 24h +0.090%
Price spread now: Kraken Futures against BingX+0.246%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1441.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 3 days (all we have)−0.288%−$29 · spread now +0.246%, 7d avg +0.025%
Together, before fees−0.413%−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.221% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BOME-USDT0.0010590.0100pay 0.0050% / 4h1h 06m$31.5M
ShortKraken Futures PF_BOMEUSD0.0010610.0178get 0.0022% / 1h6m 55s$110K$171K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$16.47
Price spread: +0.246% → +0.025%
$22.12
Slippage, 4 orders
−$123.54
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$104.95
Costs to cover
1.435%
Break-even
51.6 days
Slippage from BingX: live order book, 12 min ago; Kraken Futures: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago0.94 bp12.6 bp −$1320.5 bp −$205505.3 bp −$50.5K941.2 bp −$470.6K
Sell Kraken Futures live order book, 10 min ago7.09 bp52.7 bp −$53doesn't fitdoesn't fitdoesn't fit

BOME on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001059+0.019%$9100xas long as short
Deribit BOME_USDC-PERPETUAL+0.0033%1h0.001061+0.161%$33K$10K10xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−11.617%$1K$36K5.5xas long as short
Aster BOMEUSDT+0.0100%4h0.001059+0.035%$34K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001061+0.170%$9.5M$30.3M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001059+0.047%$2.9M$3.9M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001061+0.236%$2.8M$11.6M20xas long as short
Gate BOME_USDT+0.0100%4h0.001059+0.057%$3.0M$1.8M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001060+0.132%$996K$691K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001060+0.085%$633K$739K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BOMEUSDT+0.0100%4h0.001062+0.312%$3.4M$1.8M50xas long as short
BingX BOME-USDTlong+0.0100%4h0.001059long leg$31.5M
Variational Omni BOME+0.0100%4h0.001057−0.207%$23K$17Kas long as short
HTX BOME-USDT+0.0100%4h0.001061+0.161%$6K$167K20xas long as short
Extended kBOME-USD+0.0104%1h0.001060+0.131%$7K5xas long as short
BloFin BOME-USDT+0.0132%4h0.001057−0.132%$743K$159K50xas long as short
Coinbase International BOME-PERP-INTX+0.0144%1h0.001059+0.019%$68K$534K50xas long as short
Kraken Futures PF_BOMEUSDshort+0.0178%1h0.001061+0.246%$110K$171K10x
Hyperliquid BOME+0.0704%1h0.001063+0.397%$4.0M$438K3xas long as short