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+0.0060%/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 − costsprices read too far apart to compare
costs, in and out, $10k−$660.655% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BOMEUSDT0.0010570.0100pay 0.0050% / 4h7m 29s$9.5M$30.1M50x
ShortCoinbase International BOME-PERP-INTX0.0010590.0160get 0.0020% / 1h7m 29s$69K$543K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago0.47 bp13.3 bp −$1335.5 bp −$355doesn't fitdoesn't fit
Sell Coinbase International live order book, 6 min ago11.82 bp20.4 bp −$20doesn'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%1h0.001057−0.019%$9100xas long as short
Deribit BOME_USDC-PERPETUAL0.0000%1h0.001059+0.189%$33K$10K10xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−11.483%$1K$36K5.5xas long as short
BloFin BOME-USDT+0.0050%4h0.001059+0.199%$742K$177K50xas long as short
Aster BOMEUSDT+0.0100%4h0.001058+0.048%$34K$49K10xas long as short
Binance BOMEUSDTlong+0.0100%4h0.001057long leg$9.5M$30.1M50x
Bybit BOMEUSDT+0.0100%4h0.001057−0.019%$2.9M$3.9M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001058+0.038%$2.8M$11.5M20xas long as short
Gate BOME_USDT+0.0100%4h0.001058+0.085%$3.0M$1.8M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001057−0.028%$1.0M$692K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BOMEUSDTM+0.0100%4h0.001058+0.114%$621K$760K50xas long as short
Bitget BOMEUSDT+0.0100%4h0.001059+0.151%$3.4M$1.8M50xas long as short
BingX BOME-USDT+0.0100%4h0.001058+0.085%$31.4Mas long as short
Variational Omni BOME+0.0100%4h0.001055−0.189%$23K$16Kas long as short
HTX BOME-USDT+0.0100%4h0.001059+0.170%$6K$166K20xas long as short
Extended kBOME-USD+0.0104%1h0.001058+0.107%$7K5xas long as short
Coinbase International BOME-PERP-INTXshort+0.0160%1h0.001059+0.151%$69K$543K50x
Kraken Futures PF_BOMEUSD+0.0303%1h0.001060+0.254%$110K$166K10xas long as short
Hyperliquid BOME+0.1118%1h0.001061+0.359%$4.0M$438K3xas long as short