Funding you earn now, next payment 09:00 UTC−0.1045%/8h= −114.4% APRpaid last 24h +0.082%
Price spread now: Kraken Futures against KuCoin−0.101%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$434as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4274.272% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now −0.101%, 7d avg −0.012%
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Kraken Futures is 0.089% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.8% 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 | KuCoin BOMEUSDTM | 0.001119 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $699K | $833K | 50x |
| Short | Kraken Futures PF_BOMEUSD | 0.001118 | −0.0945 | pay 0.0118% / 1h | 36m 37s | $118K | $168K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$219.45
- Price spread: −0.101% → −0.012%
- −$8.86
- Slippage, 4 orders
- −$405.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$655.52
- Costs to cover
- 4.272%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; Kraken Futures: live order book, 61 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 KuCoin live order book, 18 min ago | 8.08 bp | 75.5 bp −$75 | 480.1 bp −$4,801 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 61 min ago | 23.26 bp | 128.0 bp −$128 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BOMEUSDshort | −0.0945% | 1h | 0.001118 | −0.101% | $118K | $168K | 10x | |
| GMX BOME/USD [WBTC.b-USDC] | L 0.0000% / S +0.0270% | 1h | 0.001118 | −0.089% | $10 | — | 100x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −16.372% | $1K | $36K | 5.5x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001117 | −0.171% | $36K | $42K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001115 | −0.340% | $10.4M | $31.2M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001115 | −0.322% | $3.0M | $4.0M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001117 | −0.188% | $3.1M | $11.6M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001118 | −0.134% | $3.2M | $1.8M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001115 | −0.331% | $1.3M | $726K | 200x | as long as short |
| KuCoin BOMEUSDTMlong | +0.0100% | 4h | 0.001119 | long leg | $699K | $833K | 50x |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001115 | −0.313% | $3.6M | $2.2M | 50x | as long as short |
| BingX BOME-USDC | +0.0100% | 4h | 0.001117 | −0.197% | — | $6.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001118 | −0.097% | $22K | $15K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001120 | +0.054% | $4K | $146K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001115 | −0.329% | $8K | — | 5x | as long as short |
| Deribit BOME_USDC-PERPETUAL | +0.0107% | 1h | 0.001120 | +0.071% | $8K | $39K | 10x | as long as short |
| BloFin BOME-USDT | +0.0127% | 4h | 0.001118 | −0.125% | $803K | $178K | 50x | as long as short |
| Coinbase International BOME-PERP-INTX | +0.0352% | 1h | 0.001120 | +0.116% | $65K | $819K | 50x | as long as short |
| Hyperliquid BOME | +0.1109% | 1h | 0.001120 | +0.089% | $4.3M | $527K | 3x | as long as short |
KuCoin BOMEUSDTM
Kraken Futures PF_BOMEUSD
GMX BOME/USD [WBTC.b-USDC]
Injective BOME/USDC PERP
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDT
Bitget BOMEUSDT
BingX BOME-USDC
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
Deribit BOME_USDC-PERPETUAL
BloFin BOME-USDT
Coinbase International BOME-PERP-INTX
Hyperliquid BOME