Settings8H · net · $10k
Funding arb · Price arb /

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1134%/8h= +124.2% APRpaid last 24h +0.175%
Price spread now: Hyperliquid against OKX+0.327%7-day average +0.234% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$860.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.285%+$29 on $10k
Price spread, last 7 days−0.194%−$19 · spread now +0.327%, 7d avg +0.234%
Together, before fees+0.091%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Hyperliquid is 0.092% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.234%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.285% in total (about 14.9% 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
LongOKX BOME-USDT-SWAP0.0010710.0100pay 0.0050% / 4h2h 09m$2.9M$11.5M20x
ShortHyperliquid BOME0.0010750.1234get 0.0154% / 1h9m 46s$4.0M$453K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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
$238.22
Price spread: +0.327% → +0.234%
$9.22
Slippage, 4 orders
−$67.32
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$161.12
Costs to cover
0.863%
Break-even
2.3 days
Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 2 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 OKX live order book, 3 min ago1.86 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago4.64 bp28.9 bp −$29doesn't fitdoesn't fitdoesn't fit

BOME on 18 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%1h0.001071−0.047%$10100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−12.664%$1K$36K5.5xas long as short
Aster BOMEUSDT+0.0100%4h0.001075+0.324%$35K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001071−0.013%$9.7M$30.3M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001073+0.177%$2.9M$4.0M25xas long as short
OKX BOME-USDT-SWAPlong+0.0100%4h0.001071long leg$2.9M$11.5M20x
Gate BOME_USDT+0.0100%4h0.001073+0.149%$3.0M$1.8M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001072+0.009%$1.0M$709K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001074+0.280%$651K$784K50xas long as short
Bitget BOMEUSDT+0.0100%4h0.001072+0.065%$3.4M$1.8M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BOME-USDT+0.0100%4h0.001074+0.233%$31.2Mas long as short
Variational Omni BOME+0.0100%4h0.001074+0.239%$23K$18Kas long as short
HTX BOME-USDT+0.0100%4h0.001073+0.093%$6K$161K20xas long as short
Extended kBOME-USD+0.0104%1h0.001071−0.001%$8K5xas long as short
Deribit BOME_USDC-PERPETUAL+0.0123%1h0.001072+0.019%$30K$14K10xas long as short
Coinbase International BOME-PERP-INTX+0.0184%1h0.001076+0.457%$68K$555K50xas long as short
Kraken Futures PF_BOMEUSD+0.0274%1h0.001071−0.055%$111K$161K10xas long as short
Hyperliquid BOMEshort+0.1234%1h0.001075+0.327%$4.0M$453K3x