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

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.1588%/8h= +173.9% APRpaid last 24h +0.251%
Price spread now: Hyperliquid against BingX+0.205%7-day average +0.277% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.377%+$38 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.205%, 7d avg +0.277%
Together, before fees+0.389%+ Points / potential airdropHyperliquid: Season 2 · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.072% cheaper against BingX than usual: you would sell low and buy high (spread +0.205% now, against its 7-day average of +0.277%). If the spread goes back, that is −$7 on $10k: about 4 hours of funding at the current rate (+$48 a day). At the pace of the last 7 days (+0.377% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.377% in total (about 19.7% 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-USDT0.0011200.0100pay 0.0050% / 4h3h 18m$31.4M
ShortHyperliquid BOME0.0011220.1688get 0.0211% / 1h18m 03s$4.4M$606K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$333.45
Price spread: +0.205% → +0.277%
−$7.18
Slippage, 4 orders
−$64.97
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$242.31
Costs to cover
0.840%
Break-even
1.9 days
Slippage from BingX: live order book, 6 min ago; Hyperliquid: live order book, 4 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, 6 min ago1.78 bp10.1 bp −$1020.6 bp −$206422.8 bp −$42.3K785.8 bp −$392.9K
Sell Hyperliquid live order book, 4 min ago8.87 bp26.6 bp −$27103.0 bp −$1,030doesn'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−0.0943%1h0.001120+0.046%$118K$167K10xas long as short
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001118−0.152%$10100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−16.424%$1K$36K5.5xas long as short
Aster BOMEUSDT+0.0100%4h0.001120−0.008%$36K$42K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001119−0.033%$10.5M$31.2M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001119−0.063%$3.0M$4.0M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001121+0.125%$3.1M$11.6M20xas long as short
Gate BOME_USDT+0.0100%4h0.001120+0.027%$3.2M$1.8M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001119−0.045%$1.3M$738K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001120+0.036%$702K$836K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BOMEUSDT+0.0100%4h0.001120+0.063%$3.6M$2.2M50xas long as short
BingX BOME-USDTlong+0.0100%4h0.001120long leg$31.4M
Variational Omni BOME+0.0100%4h0.001121+0.142%$22K$15Kas long as short
HTX BOME-USDT+0.0100%4h0.001120+0.018%$4K$143K20xas long as short
Extended kBOME-USD+0.0104%1h0.001119−0.045%$8K5xas long as short
BloFin BOME-USDT+0.0127%4h0.001119−0.036%$797K$178K50xas long as short
Deribit BOME_USDC-PERPETUAL+0.0196%1h0.001120+0.071%$8K$38K10xas long as short
Coinbase International BOME-PERP-INTX+0.0352%1h0.001120+0.036%$65K$818K50xas long as short
Hyperliquid BOMEshort+0.1688%1h0.001122+0.205%$4.4M$606K3x