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

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1148%/8h= +125.8% APRpaid last 24h +0.204%
Price spread now: Hyperliquid against BingX+0.408%7-day average +0.269% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1091.085% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.310%+$31 on $10k
Price spread, last 7 days−0.276%−$28 · spread now +0.408%, 7d avg +0.269%
Together, before fees+0.034%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Hyperliquid is 0.139% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.269%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.310% in total (about 16.2% 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
LongBingX BOME-USDC0.0010790.0100pay 0.0050% / 4h3h 08m$6.5M
ShortHyperliquid BOME0.0010830.1248get 0.0156% / 1h8m 51s$4.0M$451K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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
$241.17
Price spread: +0.408% → +0.269%
$13.91
Slippage, 4 orders
−$89.51
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$146.57
Costs to cover
1.085%
Break-even
2.7 days
Slippage from BingX: live order book, 11 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 BingX live order book, 11 min ago2.78 bp30.9 bp −$31134.6 bp −$1,346651.8 bp −$65.2K799.1 bp −$399.6K
Sell Hyperliquid live order book, 3 min ago4.61 bp25.3 bp −$25doesn'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%1h0.001077−0.148%$10100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−13.239%$1K$36K5.5xas long as short
Aster BOMEUSDT+0.0100%4h0.001079+0.016%$35K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001078−0.023%$10.0M$27.9M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001078−0.037%$2.9M$3.7M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001080+0.102%$2.8M$10.3M20xas long as short
Gate BOME_USDT+0.0100%4h0.001079+0.009%$3.0M$1.7M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001078−0.056%$1.0M$680K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001078−0.046%$625K$818K50xas long as short
Bitget BOMEUSDT+0.0100%4h0.001079+0.056%$3.4M$1.9M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BOME-USDClong+0.0100%4h0.001079long leg$6.5M
Variational Omni BOME+0.0100%4h0.001080+0.102%$23K$13Kas long as short
HTX BOME-USDT+0.0100%4h0.001079+0.009%$4K$132K20xas long as short
Extended kBOME-USD+0.0104%1h0.001078−0.055%$8K5xas long as short
Deribit BOME_USDC-PERPETUAL+0.0121%1h0.001078−0.083%$23K$23K10xas long as short
BloFin BOME-USDT+0.0141%4h0.001079+0.019%$784K$164K50xas long as short
Kraken Futures PF_BOMEUSD+0.0226%1h0.001076−0.214%$113K$148K10xas long as short
Coinbase International BOME-PERP-INTX+0.0304%1h0.001081+0.260%$67K$644K50xas long as short
Hyperliquid BOMEshort+0.1248%1h0.001083+0.408%$4.0M$451K3x