BOME

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.074%

Price spread now: Coinbase International against Kraken Futures+0.125%7-day average +0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1501.503% of the position

Long on Kraken Futures Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.125%, 7d avg +0.106%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.106%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.127%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BOMEUSD	0.001089	0.0362	pay 0.0045% / 1h	8m 36s	$115K	$147K	10x
Short	Coinbase International BOME-PERP-INTX	0.001090	0.0312	get 0.0039% / 1h	8m 36s	$69K	$679K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.125%Rate

Funding earned: −$10.53
Price spread: +0.125% → +0.106%: $1.89
Slippage, 4 orders: −$130.35
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$158.98
Costs to cover: 1.503%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 39 min ago; Coinbase International: live order book, 40 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, 39 min ago	10.26 bp	51.0 bp −$51	227.6 bp −$2,276	doesn't fit	doesn't fit
Sell Coinbase International live order book, 40 min ago	8.38 bp	21.2 bp −$21	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	0.001088	−0.077%	$10	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−14.055%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001090	+0.125%	$35K	$45K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001092	+0.275%	$10.2M	$27.9M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001092	+0.300%	$3.0M	$3.8M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001093	+0.373%	$2.9M	$10.4M	20x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001092	+0.327%	$1.0M	$675K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001091	+0.226%	$636K	$821K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001094	+0.484%	$3.4M	$1.9M	50x	as long as short
BingX BOME-USDC	+0.0100%	4h	0.001092	+0.282%	—	$6.5M	—	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BOME	+0.0100%	4h	0.001089	+0.011%	$23K	$13K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001089	+0.061%	$4K	$133K	20x	as long as short
BloFin BOME-USDT	+0.0101%	4h	0.001091	+0.171%	$787K	$171K	50x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001092	+0.263%	$8K	—	5x	as long as short
Gate BOME_USDT	+0.0136%	4h	0.001092	+0.318%	$3.1M	$1.7M	50x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0312%	1h	0.001090	+0.125%	$69K	$679K	50x
Kraken Futures PF_BOMEUSDlong	+0.0362%	1h	0.001089	long leg	$115K	$147K	10x
Deribit BOME_USDC-PERPETUAL	+0.0577%	1h	0.001089	+0.043%	$8K	$39K	10x	as long as short
Hyperliquid BOME	+0.1505%	1h	0.001094	+0.474%	$4.1M	$439K	3x	as long as short