Settings8H · net · $10k
Funding arb · Price arb /

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0482%/8h= +52.8% APRpaid last 24h +0.134%
Price spread now: Hyperliquid against Binance+0.281%7-day average +0.303% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$760.757% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.244%+$24 on $10k
Price spread, last 7 days+0.089%+$9 · spread now +0.281%, 7d avg +0.303%
Together, before fees+0.333%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread +0.281% now, against its 7-day average of +0.303%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.244% in total) that is about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.244% in total (about 12.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BOMEUSDT0.0010560.0100pay 0.0050% / 4h3h 29m$9.5M$30.6M50x
ShortHyperliquid BOME0.0010590.0582get 0.0073% / 1h29m 26s$4.0M$440K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$101.25
Price spread: +0.281% → +0.303%
−$2.2
Slippage, 4 orders
−$56.69
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$23.36
Costs to cover
0.757%
Break-even
5.4 days
Slippage from Binance: live order book, 3 min ago; Hyperliquid: live order book, 3 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, 3 min ago0.47 bp13.5 bp −$1359.4 bp −$594doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago4.71 bp26.5 bp −$26doesn'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
Kraken Futures PF_BOMEUSD−0.0409%1h0.001059+0.286%$111K$177K10xas long as short
Deribit BOME_USDC-PERPETUAL−0.0033%1h0.001059+0.243%$35K$9K10xas long as short
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001056−0.003%$9100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−11.385%$1K$36K5.5xas long as short
BloFin BOME-USDT+0.0085%4h0.001057+0.120%$734K$158K50xas long as short
Aster BOMEUSDT+0.0100%4h0.001058+0.161%$34K$49K10xas long as short
Binance BOMEUSDTlong+0.0100%4h0.001056long leg$9.5M$30.6M50x
Bybit BOMEUSDT+0.0100%4h0.001057+0.082%$3.0M$3.8M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001057+0.073%$2.8M$11.8M20xas long as short
Gate BOME_USDT+0.0100%4h0.001058+0.177%$3.0M$1.8M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BOME_USDT+0.0100%4h0.001056−0.022%$933K$692K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001057+0.111%$664K$706K50xas long as short
Bitget BOMEUSDT+0.0100%4h0.001057+0.130%$3.4M$1.8M50xas long as short
BingX BOME-USDT+0.0100%4h0.001057+0.092%$31.5Mas long as short
Variational Omni BOME+0.0100%4h0.001059+0.266%$23K$17Kas long as short
HTX BOME-USDT+0.0100%4h0.001058+0.177%$5K$170K20xas long as short
Extended kBOME-USD+0.0104%1h0.001056−0.015%$7K5xas long as short
Coinbase International BOME-PERP-INTX+0.0176%1h0.001060+0.348%$70K$552K50xas long as short
Hyperliquid BOMEshort+0.0582%1h0.001059+0.281%$4.0M$440K3x