Funding you earn now, next payment 23:00 UTC+0.0905%/8h= +99.1% APRnext payment +$1.13 per $10,000 · paid last 24h +0.146%
Price spread now: Hyperliquid against Coinbase International+0.360%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$850.847% of the position
Funding, last 7 days+0.241%+$24 on $10k
+Price spread, last 3 days (all we have)−0.210%−$21 · spread now +0.360%, 7d avg +0.110%
=Together, before fees+0.031%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Hyperliquid is 0.249% dearer against Coinbase International than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.110%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.241% in total (about 12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BOME-PERP-INTX | 0.001056 | 0.0160 | pay 0.0020% / 1h | 12m 12s | $69K | $542K | 50x |
| Short | Hyperliquid BOME | 0.001060 | 0.1065 | get 0.0133% / 1h | 12m 12s | $4.0M | $439K | 3x |
Coinbase International BOME-PERP-INTX
Hyperliquid BOMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $189.97
- Price spread: +0.360% → +0.110%
- $24.94
- Slippage, 4 orders
- −$65.72
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $130.2
- Costs to cover
- 0.847%
- Break-even
- 2.2 days
Slippage from Coinbase International: live order book, 1 min ago; Hyperliquid: live order book, 9 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 Coinbase International live order book, 1 min ago | 11.82 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 9.43 bp | 21.9 bp −$22 | 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 | 0.001055 | −0.114% | $9 | — | 100x | as long as short |
| Deribit BOME_USDC-PERPETUAL | 0.0000% | 1h | 0.001056 | −0.009% | $33K | $10K | 10x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −11.399% | $1K | $36K | 5.5x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001057 | +0.111% | $34K | $49K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001056 | −0.028% | $9.5M | $30.1M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001055 | −0.085% | $2.9M | $3.9M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001057 | +0.085% | $2.8M | $11.5M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001058 | +0.123% | $3.0M | $1.8M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001056 | −0.028% | $1.0M | $691K | 200x | as long as short |
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001058 | +0.133% | $619K | $759K | 50x | as long as short |
GMX BOME/USD [WBTC.b-USDC]
Deribit BOME_USDC-PERPETUAL
Injective BOME/USDC PERP
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDT
KuCoin BOMEUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001057 | +0.104% | $3.3M | $1.8M | 50x | as long as short |
| BingX BOME-USDC | +0.0100% | 4h | 0.001057 | +0.038% | — | $6.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001061 | +0.449% | $23K | $16K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001056 | +0.009% | $6K | $166K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001056 | −0.049% | $7K | — | 5x | as long as short |
| BloFin BOME-USDT | +0.0144% | 4h | 0.001060 | +0.379% | $739K | $175K | 50x | as long as short |
| Coinbase International BOME-PERP-INTXlong | +0.0160% | 1h | 0.001056 | long leg | $69K | $542K | 50x | |
| Kraken Futures PF_BOMEUSD | +0.0304% | 1h | 0.001057 | +0.100% | $110K | $166K | 10x | as long as short |
| Hyperliquid BOMEshort | +0.1065% | 1h | 0.001060 | +0.360% | $4.0M | $439K | 3x |
Bitget BOMEUSDT
BingX BOME-USDC
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
BloFin BOME-USDT
Kraken Futures PF_BOMEUSD