Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h −0.008%

Price spread now: Coinbase International against BloFin+0.038%58s7-day average +0.202% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as 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−$620.617% of the position

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 3 days (all we have)+0.400%+$40 · spread now +0.038%, 7d avg +0.202%

Together, before fees+0.437%+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.164% cheaper against BloFin than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.202%). If the spread goes back, that is −$16 on $10k: about 15 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.037% in total) that is about 31 days. The two prices were read 58 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	BloFin BOME-USDT	0.001058	0.0107	pay 0.0054% / 4h	1h 36m	$745K	$161K	50x
Short	Coinbase International BOME-PERP-INTX	0.001059	0.0144	get 0.0018% / 1h	36m 02s	$68K	$534K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.038%Rate

Funding earned: $7.67
Price spread: +0.038% → +0.202%: −$16.41
Slippage, 4 orders: −$39.72
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$70.46
Costs to cover: 0.617%
Break-even: 71.3 days

Slippage from BloFin: live order book, 46 min ago; Coinbase International: live order book, 47 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 BloFin live order book, 46 min ago	1.42 bp	18.5 bp −$19	41.4 bp −$414	doesn't fit	doesn't fit
Sell Coinbase International live order book, 47 min ago	8.04 bp	19.0 bp −$19	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	−0.113%	$9	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001057	−0.076%	$33K	$10K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−11.567%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001057	−0.151%	$34K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001056	−0.189%	$9.5M	$30.3M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001056	−0.170%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001056	−0.161%	$2.8M	$11.6M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001056	−0.170%	$3.0M	$1.8M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001056	−0.208%	$951K	$681K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001057	−0.113%	$635K	$737K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BOMEUSDT	+0.0100%	4h	0.001057	−0.095%	$3.3M	$1.8M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001057	−0.104%	—	$31.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001058	−0.049%	$23K	$17K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001055	−0.274%	$5K	$172K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001057	−0.140%	$7K	—	5x	as long as short
BloFin BOME-USDTlong	+0.0107%	4h	0.001058	long leg	$745K	$161K	50x
Coinbase International BOME-PERP-INTXshort	+0.0144%	1h	0.001059	+0.038%	$68K	$534K	50x
Kraken Futures PF_BOMEUSD	+0.0179%	1h	0.001057	−0.145%	$110K	$170K	10x	as long as short
Hyperliquid BOME	+0.0602%	1h	0.001059	+0.076%	$4.0M	$438K	3x	as long as short