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−0.0577%/8h= −63.2% APRpaid last 24h −0.143%
Price spread now: KuCoin against Hyperliquid−0.283%7-day average −0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1741.740% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.255%−$25 on $10k
Price spread, last 4 days (all we have)−0.120%−$12 · spread now −0.283%, 7d avg −0.238%
Together, before fees−0.375%+ Points / potential airdropHyperliquid: Season 2 · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and KuCoin is 0.045% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.238%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.255% in total (about -13.3% 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
LongHyperliquid BOME0.0010610.0677pay 0.0085% / 1h12m 01s$4.0M$438K3x
ShortKuCoin BOMEUSDTM0.0010580.0100get 0.0050% / 4h1h 12m$631K$739K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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
−$121.15
Price spread: −0.283% → −0.238%
−$4.49
Slippage, 4 orders
−$153.03
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$299.68
Costs to cover
1.740%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; KuCoin: live order book, 61 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 Hyperliquid live order book, 10 min ago4.71 bp25.1 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 61 min ago6.67 bp85.6 bp −$86350.3 bp −$3,503doesn'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%1h0.001057−0.377%$9100xas long as short
Deribit BOME_USDC-PERPETUAL0.0000%1h0.001058−0.264%$33K$10K10xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−11.800%$1K$36K5.5xas long as short
Aster BOMEUSDT+0.0100%4h0.001058−0.259%$34K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001058−0.300%$9.5M$30.3M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001058−0.330%$2.9M$3.9M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001058−0.264%$2.8M$11.6M20xas long as short
Gate BOME_USDT+0.0100%4h0.001058−0.245%$3.0M$1.8M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001058−0.273%$979K$689K200xas long as short
KuCoin BOMEUSDTMshort+0.0100%4h0.001058−0.283%$631K$739K50x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BOMEUSDT+0.0100%4h0.001059−0.141%$3.4M$1.8M50xas long as short
BingX BOME-USDT+0.0100%4h0.001058−0.273%$31.5Mas long as short
Variational Omni BOME+0.0100%4h0.001057−0.375%$23K$17Kas long as short
HTX BOME-USDT+0.0100%4h0.001057−0.339%$5K$168K20xas long as short
Extended kBOME-USD+0.0104%1h0.001058−0.317%$7K5xas long as short
Coinbase International BOME-PERP-INTX+0.0144%1h0.001059−0.170%$68K$534K50xas long as short
BloFin BOME-USDT+0.0148%4h0.001057−0.368%$754K$159K50xas long as short
Kraken Futures PF_BOMEUSD+0.0179%1h0.001059−0.232%$110K$171K10xas long as short
Hyperliquid BOMElong+0.0677%1h0.001061long leg$4.0M$438K3x