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 Bitget+0.170%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$800.795% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.170%, 7d avg +0.080%
Together, before fees−0.122%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.090% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BOMEUSDT0.0010580.0100pay 0.0050% / 4h34m 08s$3.4M$1.8M50x
ShortCoinbase International BOME-PERP-INTX0.0010590.0160get 0.0020% / 1h34m 08s$67K$534K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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: +0.170% → +0.080%
$9.05
Slippage, 4 orders
−$57.52
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$57.87
Costs to cover
0.795%
Break-even
39.2 days
Slippage from Bitget: live order book, 4 min ago; Coinbase International: live order book, 44 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 Bitget live order book, 4 min ago3.30 bp19.5 bp −$1996.8 bp −$968doesn't fitdoesn't fit
Sell Coinbase International live order book, 44 min ago6.14 bp18.8 bp −$19doesn'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%1h0.001055−0.246%$9100xas long as short
Deribit BOME_USDC-PERPETUAL0.0000%1h0.001056−0.170%$33K$10K10xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−11.517%$1K$36K5.5xas long as short
BloFin BOME-USDT+0.0089%4h0.001057−0.028%$751K$165K50xas long as short
Aster BOMEUSDT+0.0100%4h0.001057−0.042%$34K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001056−0.151%$9.5M$30.1M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001056−0.189%$2.9M$3.9M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001056−0.132%$2.8M$11.5M20xas long as short
Gate BOME_USDT+0.0100%4h0.001058+0.019%$3.0M$1.8M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001056−0.189%$1.0M$683K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BOMEUSDTM+0.0100%4h0.001057−0.095%$619K$754K50xas long as short
Bitget BOMEUSDTlong+0.0100%4h0.001058long leg$3.4M$1.8M50x
BingX BOME-USDC+0.0100%4h0.001057−0.019%$6.5Mas long as short
Variational Omni BOME+0.0100%4h0.001057−0.026%$23K$17Kas long as short
HTX BOME-USDT+0.0100%4h0.001056−0.199%$6K$165K20xas long as short
Extended kBOME-USD+0.0104%1h0.001056−0.193%$7K5xas long as short
Coinbase International BOME-PERP-INTXshort+0.0160%1h0.001059+0.170%$67K$534K50x
Kraken Futures PF_BOMEUSD+0.0304%1h0.001056−0.130%$110K$167K10xas long as short
Hyperliquid BOME+0.0723%1h0.001059+0.132%$4.0M$438K3xas long as short