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

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0717%/8h= +78.5% APRpaid last 24h +0.138%
Price spread now: Hyperliquid against Bybit+0.247%7-day average +0.307% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1371.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.275%+$27 on $10k
Price spread, last 7 days+0.107%+$11 · spread now +0.247%, 7d avg +0.307%
Together, before fees+0.381%+ Points / potential airdropHyperliquid: Season 2 · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.060% cheaper against Bybit than usual: you would sell low and buy high (spread +0.247% now, against its 7-day average of +0.307%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.275% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.3% 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
LongBybit BOMEUSDT0.0010540.0100pay 0.0050% / 4h2h 41m$2.9M$3.9M25x
ShortHyperliquid BOME0.0010570.0817get 0.0102% / 1h41m 03s$4.0M$439K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bybit. 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
$150.6
Price spread: +0.247% → +0.307%
−$6
Slippage, 4 orders
−$117.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$7.29
Costs to cover
1.373%
Break-even
6.7 days
Slippage from Bybit: live order book, 1 min ago; Hyperliquid: live order book, 11 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 Bybit live order book, 1 min ago3.32 bp43.9 bp −$44175.2 bp −$1,752doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago9.49 bp22.5 bp −$22doesn'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−0.0407%1h0.001054+0.001%$110K$168K10xas long as short
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001054−0.038%$9100xas long as short
Deribit BOME_USDC-PERPETUAL0.0000%1h0.001054−0.019%$33K$10K10xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−11.248%$1K$36K5.5xas long as short
BloFin BOME-USDT+0.0043%4h0.001053−0.180%$740K$161K50xas long as short
Aster BOMEUSDT+0.0100%4h0.001053−0.099%$34K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001054−0.032%$9.4M$30.5M50xas long as short
Bybit BOMEUSDTlong+0.0100%4h0.001054long leg$2.9M$3.9M25x
OKX BOME-USDT-SWAP+0.0100%4h0.0010540.000%$2.8M$11.7M20xas long as short
Gate BOME_USDT+0.0100%4h0.001053−0.114%$3.0M$1.8M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BOME_USDT+0.0100%4h0.001053−0.085%$931K$678K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001053−0.133%$658K$714K50xas long as short
Bitget BOMEUSDT+0.0100%4h0.001055+0.066%$3.3M$1.8M50xas long as short
BingX BOME-USDT+0.0100%4h0.001053−0.123%$31.5Mas long as short
Variational Omni BOME+0.0100%4h0.001054−0.037%$23K$17Kas long as short
HTX BOME-USDT+0.0100%4h0.001053−0.104%$5K$171K20xas long as short
Extended kBOME-USD+0.0104%1h0.001053−0.098%$7K5xas long as short
Coinbase International BOME-PERP-INTX+0.0120%1h0.001055+0.038%$71K$527K50xas long as short
Hyperliquid BOMEshort+0.0817%1h0.001057+0.247%$4.0M$439K3x