Funding you earn now, next payment 00:00 UTC−0.0744%/8h= −81.5% APRnext payment −$0.93 per $10,000 · paid last 24h −0.158%
Price spread now: Coinbase International against Hyperliquid−0.179%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$920.920% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 3 days (all we have)+0.008%+$1 · spread now −0.179%, 7d avg −0.113%
=Together, before fees−0.245%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Coinbase International is 0.066% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.113%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.253% in total (about -13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 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 | Hyperliquid BOME | 0.001064 | 0.0896 | pay 0.0112% / 1h | 43m 52s | $4.0M | $440K | 3x |
| Short | Coinbase International BOME-PERP-INTX | 0.001062 | 0.0152 | get 0.0019% / 1h | 43m 52s | $70K | $543K | 50x |
Hyperliquid BOME
Coinbase International BOME-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Hyperliquid. 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
- −$156.28
- Price spread: −0.179% → −0.113%
- −$6.59
- Slippage, 4 orders
- −$73.04
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$254.91
- Costs to cover
- 0.920%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Coinbase International: live order book, 29 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 Hyperliquid live order book, 8 min ago | 4.70 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 29 min ago | 11.82 bp | 20.4 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BOME_USDC-PERPETUAL | −0.0127% | 1h | 0.001060 | −0.348% | $33K | $10K | 10x | as long as short |
| GMX BOME/USD [WBTC.b-USDC] | L 0.0000% / S +0.0270% | 1h | 0.001060 | −0.376% | $10 | — | 100x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −12.049% | $1K | $36K | 5.5x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001062 | −0.198% | $34K | $49K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001061 | −0.238% | $9.6M | $29.9M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001062 | −0.226% | $2.9M | $3.8M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001063 | −0.094% | $2.8M | $11.4M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001062 | −0.179% | $3.0M | $1.8M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001061 | −0.291% | $1.0M | $686K | 200x | as long as short |
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001062 | −0.226% | $632K | $767K | 50x | as long as short |
Deribit BOME_USDC-PERPETUAL
GMX BOME/USD [WBTC.b-USDC]
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 | 0.001062 | −0.169% | $3.4M | $1.8M | 50x | as long as short |
| BingX BOME-USDC | +0.0100% | 4h | 0.001063 | −0.132% | — | $6.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001058 | −0.537% | $24K | $17K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001061 | −0.244% | $6K | $168K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001061 | −0.261% | $7K | — | 5x | as long as short |
| BloFin BOME-USDT | +0.0151% | 4h | 0.001062 | −0.197% | $749K | $171K | 50x | as long as short |
| Coinbase International BOME-PERP-INTXshort | +0.0152% | 1h | 0.001062 | −0.179% | $70K | $543K | 50x | |
| Kraken Futures PF_BOMEUSD | +0.0517% | 1h | 0.001062 | −0.222% | $110K | $165K | 10x | as long as short |
| Hyperliquid BOMElong | +0.0896% | 1h | 0.001064 | long leg | $4.0M | $440K | 3x |
Bitget BOMEUSDT
BingX BOME-USDC
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
BloFin BOME-USDT
Kraken Futures PF_BOMEUSD