Global Navigation Satellite Systems (GNSS) and modern motion-sensor packages allow the measurement of ocean surface waves with low-cost drifters. Drifting along or across current gradients provides unique measurements of wave-current interactions. In this study, we investigate the response of several combinations of GNSS receiver, motion-sensor package and hull design in order to define a prototype surface kinematic buoy (SKIB) that is particularly optimized for measuring wave-current interactions, including relatively short wave components (relative frequency around 1 Hz) that are important for air-sea interactions and remote sensing applications. The comparison with existing Datawell Directional Waverider and SWIFT buoys, as well as stereo-video imagery demonstrates the accuracy of SKIB. The use of low-cost accelerometers and a spherical ribbed and skirted hull design provide acceptable heave spectra, while velocity estimates from GNSS receivers yield a mean direction and directional spread. Using a low-power acquisition board allows autonomous deployments over several months with data transmitted by satellite. The capability to measure current-induced wave variations is illustrated with data acquired in a macro-tidal coastal environment.