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

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.015%
Price spread now: Coinbase International against BingX+0.222%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.222%, 7d avg +0.130%
Together, before fees+0.058%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.091% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.130%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% 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
LongBingX BOME-USDC0.0010820.0100pay 0.0050% / 4h1h 55m$6.5M
ShortCoinbase International BOME-PERP-INTX0.0010840.0328get 0.0041% / 1h55m 17s$69K$650K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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
$47.88
Price spread: +0.222% → +0.130%
$9.15
Slippage, 4 orders
−$85.15
Fee BingX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$48.12
Costs to cover
1.052%
Break-even
14.0 days
Slippage from BingX: live order book, 10 min ago; Coinbase International: live order book, 53 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 BingX live order book, 10 min ago2.76 bp34.0 bp −$34181.1 bp −$1,811474.5 bp −$47.4K572.9 bp −$286.4K
Sell Coinbase International live order book, 53 min ago8.38 bp21.2 bp −$21doesn'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
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.0010820.000%$10100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−13.512%$1K$36K5.5xas long as short
BloFin BOME-USDT+0.0100%4h0.001083+0.120%$783K$170K50xas long as short
Aster BOMEUSDT+0.0100%4h0.001083+0.075%$35K$45K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001084+0.170%$10.1M$27.6M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001083+0.111%$2.9M$3.7M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001084+0.157%$2.9M$10.2M20xas long as short
Gate BOME_USDT+0.0100%4h0.001083+0.102%$3.1M$1.6M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001082+0.037%$1.1M$664K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001084+0.139%$631K$788K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BOMEUSDT+0.0100%4h0.001084+0.194%$3.4M$1.9M50xas long as short
BingX BOME-USDClong+0.0100%4h0.001082long leg$6.5M
Variational Omni BOME+0.0100%4h0.001086+0.348%$21K$15Kas long as short
HTX BOME-USDT+0.0100%4h0.001083+0.129%$5K$135K20xas long as short
Extended kBOME-USD+0.0104%1h0.001082+0.026%$8K5xas long as short
Kraken Futures PF_BOMEUSD+0.0281%1h0.001082+0.006%$115K$145K10xas long as short
Coinbase International BOME-PERP-INTXshort+0.0328%1h0.001084+0.222%$69K$650K50x
Deribit BOME_USDC-PERPETUAL+0.0490%1h0.001082+0.037%$8K$39K10xas long as short
Hyperliquid BOME+0.1544%1h0.001087+0.462%$4.1M$440K3xas long as short