Funding you earn now, next payment 23:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.004%
Price spread now: Coinbase International against Binance+0.151%53s7-day average +0.181% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$660.655% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)+0.052%+$5 · spread now +0.151%, 7d avg +0.181%
=Funding pays, the price is against you. Coinbase International is 0.030% cheaper against Binance than usual: you would sell low and buy high (spread +0.151% now, against its 7-day average of +0.181%). If the spread goes back, that is −$3 on $10k: about 40 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.027% in total) that is about 7.8 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BOMEUSDT | 0.001057 | 0.0100 | pay 0.0050% / 4h | 7m 29s | $9.5M | $30.1M | 50x |
| Short | Coinbase International BOME-PERP-INTX | 0.001059 | 0.0160 | get 0.0020% / 1h | 7m 29s | $69K | $543K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- $12.6
- Price spread: +0.151% → +0.181%
- −$2.98
- Slippage, 4 orders
- −$45.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$55.93
- Costs to cover
- 0.655%
- Break-even
- 38.1 days
Slippage from Binance: live order book, 4 min ago; Coinbase International: live order book, 6 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 Binance live order book, 4 min ago | 0.47 bp | 13.3 bp −$13 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 11.82 bp | 20.4 bp −$20 | 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 | 0.001057 | −0.019% | $9 | — | 100x | as long as short |
| Deribit BOME_USDC-PERPETUAL | 0.0000% | 1h | 0.001059 | +0.189% | $33K | $10K | 10x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −11.483% | $1K | $36K | 5.5x | as long as short |
| BloFin BOME-USDT | +0.0050% | 4h | 0.001059 | +0.199% | $742K | $177K | 50x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001058 | +0.048% | $34K | $49K | 10x | as long as short |
| Binance BOMEUSDTlong | +0.0100% | 4h | 0.001057 | long leg | $9.5M | $30.1M | 50x | |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001057 | −0.019% | $2.9M | $3.9M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001058 | +0.038% | $2.8M | $11.5M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001058 | +0.085% | $3.0M | $1.8M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001057 | −0.028% | $1.0M | $692K | 200x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001058 | +0.114% | $621K | $760K | 50x | as long as short |
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001059 | +0.151% | $3.4M | $1.8M | 50x | as long as short |
| BingX BOME-USDT | +0.0100% | 4h | 0.001058 | +0.085% | — | $31.4M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001055 | −0.189% | $23K | $16K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001059 | +0.170% | $6K | $166K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001058 | +0.107% | $7K | — | 5x | as long as short |
| Coinbase International BOME-PERP-INTXshort | +0.0160% | 1h | 0.001059 | +0.151% | $69K | $543K | 50x | |
| Kraken Futures PF_BOMEUSD | +0.0303% | 1h | 0.001060 | +0.254% | $110K | $166K | 10x | as long as short |
| Hyperliquid BOME | +0.1118% | 1h | 0.001061 | +0.359% | $4.0M | $438K | 3x | as long as short |
Binance BOMEUSDT
Coinbase International BOME-PERP-INTX
GMX BOME/USD [WBTC.b-USDC]
Deribit BOME_USDC-PERPETUAL
Injective BOME/USDC PERP
BloFin BOME-USDT
Aster BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDT
KuCoin BOMEUSDTM
Bitget BOMEUSDT
BingX BOME-USDT
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
Kraken Futures PF_BOMEUSD
Hyperliquid BOME