Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.007%

Price spread now: Coinbase International against MEXC+0.169%7-day average +0.178% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$580.584% of the position

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.169%, 7d avg +0.178%

Together, before fees−0.094%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.178%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BOME_USDT	0.001068	0.0100	pay 0.0050% / 4h	1h 38m	$997K	$697K	200x
Short	Coinbase International BOME-PERP-INTX	0.001070	0.0288	get 0.0036% / 1h	38m 15s	$69K	$581K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.169%Rate

Funding earned: $39.48
Price spread: +0.169% → +0.178%: −$0.93
Slippage, 4 orders: −$44.37
Fee MEXC: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$19.82
Costs to cover: 0.584%
Break-even: 10.5 days

Slippage from MEXC: live order book, 8 min ago; Coinbase International: live order book, 25 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 MEXC live order book, 8 min ago	1.87 bp	7.7 bp −$8	19.7 bp −$197	80.2 bp −$8,024	228.2 bp −$114.1K
Sell Coinbase International live order book, 25 min ago	10.31 bp	17.1 bp −$17	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
Kraken Futures PF_BOMEUSD	−0.0279%	1h	0.001067	−0.098%	$112K	$164K	10x	as long as short
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001067	−0.112%	$10	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−12.395%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001069	+0.079%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001068	−0.035%	$9.7M	$30.0M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001068	+0.009%	$2.9M	$4.0M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001067	−0.140%	$2.8M	$11.3M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001069	+0.047%	$3.0M	$1.8M	50x	as long as short
MEXC BOME_USDTlong	+0.0100%	4h	0.001068	long leg	$997K	$697K	200x
KuCoin BOMEUSDTM	+0.0100%	4h	0.001069	+0.028%	$620K	$802K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BOMEUSDT	+0.0100%	4h	0.001069	+0.056%	$3.4M	$1.9M	50x	as long as short
BingX BOME-USDC	+0.0100%	4h	0.001069	+0.103%	—	$6.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001071	+0.257%	$23K	$18K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001067	−0.150%	$6K	$161K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001068	+0.012%	$7K	—	5x	as long as short
BloFin BOME-USDT	+0.0116%	4h	0.001070	+0.178%	$758K	$159K	50x	as long as short
Deribit BOME_USDC-PERPETUAL	+0.0125%	1h	0.001067	−0.075%	$31K	$16K	10x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0288%	1h	0.001070	+0.169%	$69K	$581K	50x
Hyperliquid BOME	+0.1372%	1h	0.001073	+0.449%	$4.0M	$454K	3x	as long as short