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+0.0623%/8h= +68.2% APRpaid last 24h +0.138%
Price spread now: Hyperliquid against KuCoin+0.359%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1601.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.246%+$25 on $10k
Price spread, last 4 days (all we have)+0.204%+$20 · spread now +0.359%, 7d avg +0.236%
Together, before fees+0.450%+ Points / potential airdropHyperliquid: Season 2 · farm board+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Hyperliquid is 0.123% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.236%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.246% in total (about 12.8% 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
LongKuCoin BOMEUSDTM0.0010570.0100pay 0.0050% / 4h2h 36m$660K$715K50x
ShortHyperliquid BOME0.0010610.0723get 0.0090% / 1h36m 19s$4.0M$438K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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
$130.88
Price spread: +0.359% → +0.236%
$12.31
Slippage, 4 orders
−$139.25
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.06
Costs to cover
1.603%
Break-even
7.9 days
Slippage from KuCoin: live order book, 47 min ago; Hyperliquid: live order book, 5 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 KuCoin live order book, 47 min ago4.75 bp52.6 bp −$53414.7 bp −$4,147doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago4.73 bp24.4 bp −$24doesn'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−0.0405%1h0.001059+0.160%$110K$168K10xas long as short
Deribit BOME_USDC-PERPETUAL−0.0033%1h0.001058+0.095%$33K$10K10xas long as short
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001058+0.076%$9100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−11.483%$1K$36K5.5xas long as short
BloFin BOME-USDT+0.0051%4h0.001058+0.095%$753K$161K50xas long as short
Aster BOMEUSDT+0.0100%4h0.001057+0.008%$34K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001058+0.042%$9.5M$30.4M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001058+0.114%$3.0M$3.8M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001059+0.142%$2.8M$11.8M20xas long as short
Gate BOME_USDT+0.0100%4h0.001058+0.057%$3.0M$1.8M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BOME_USDT+0.0100%4h0.001058+0.047%$935K$679K200xas long as short
KuCoin BOMEUSDTMlong+0.0100%4h0.001057long leg$660K$715K50x
Bitget BOMEUSDT+0.0100%4h0.001058+0.047%$3.3M$1.8M50xas long as short
BingX BOME-USDC+0.0100%4h0.001058+0.085%$6.5Mas long as short
Variational Omni BOME+0.0100%4h0.001054−0.331%$23K$17Kas long as short
HTX BOME-USDT+0.0100%4h0.001058+0.095%$5K$171K20xas long as short
Extended kBOME-USD+0.0104%1h0.001057+0.022%$7K5xas long as short
Coinbase International BOME-PERP-INTX+0.0120%1h0.001058+0.123%$71K$529K50xas long as short
Hyperliquid BOMEshort+0.0723%1h0.001061+0.359%$4.0M$438K3x