Funding you earn now, next payment 09:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.030%
Price spread now: Coinbase International against Bitget−0.009%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1000.998% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.009%, 7d avg +0.066%
=Funding pays, the price is against you. Coinbase International is 0.076% cheaper against Bitget than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.066%). If the spread goes back, that is −$8 on $10k: about 21 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.036% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BOMEUSDT | 0.001083 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $3.4M | $2.3M | 50x |
| Short | Coinbase International BOME-PERP-INTX | 0.001083 | 0.0384 | get 0.0048% / 1h | 18m 51s | $63K | $799K | 50x |
Bitget BOMEUSDT
Coinbase International BOME-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $59.64
- Price spread: −0.009% → +0.066%
- −$7.57
- Slippage, 4 orders
- −$77.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$47.69
- Costs to cover
- 0.998%
- Break-even
- 12.6 days
Slippage from Bitget: live order book, 2 min ago; Coinbase International: live order book, 32 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 Bitget live order book, 2 min ago | 4.14 bp | 23.5 bp −$23 | 98.5 bp −$985 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 32 min ago | 9.15 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
BOME on 19 exchanges
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 | −0.0705% | 1h | 0.001083 | −0.022% | $113K | $171K | 10x | as long as short |
| GMX BOME/USD [WBTC.b-USDC] | L 0.0000% / S +0.0270% | 1h | 0.001082 | −0.092% | $10 | — | 100x | as long as short |
| Deribit BOME_USDC-PERPETUAL | 0.0000% | 1h | 0.001082 | −0.055% | $9K | $37K | 10x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −13.592% | $1K | $36K | 5.5x | as long as short |
| BloFin BOME-USDT | +0.0044% | 4h | 0.001082 | −0.074% | $793K | $167K | 50x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001082 | −0.053% | $31K | $46K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001082 | −0.090% | $10.1M | $31.4M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001082 | −0.120% | $3.0M | $3.9M | 25x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001083 | −0.009% | $3.1M | $1.9M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001082 | −0.120% | $1.2M | $745K | 200x | as long as short |
Kraken Futures PF_BOMEUSD
GMX BOME/USD [WBTC.b-USDC]
Deribit BOME_USDC-PERPETUAL
Injective BOME/USDC PERP
BloFin BOME-USDT
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
Gate BOME_USDT
MEXC BOME_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001082 | −0.092% | $627K | $855K | 50x | as long as short |
| Bitget BOMEUSDTlong | +0.0100% | 4h | 0.001083 | long leg | $3.4M | $2.3M | 50x | |
| BingX BOME-USDC | +0.0100% | 4h | 0.001082 | −0.046% | — | $6.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001088 | +0.464% | $21K | $15K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001083 | −0.018% | $3K | $133K | 20x | as long as short |
| OKX BOME-USDT-SWAP | +0.0103% | 4h | 0.001083 | +0.028% | $3.0M | $11.2M | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001081 | −0.144% | $8K | — | 5x | as long as short |
| Coinbase International BOME-PERP-INTXshort | +0.0384% | 1h | 0.001083 | −0.009% | $63K | $799K | 50x | |
| Hyperliquid BOME | +0.1632% | 1h | 0.001085 | +0.185% | $4.3M | $838K | 3x | as long as short |
KuCoin BOMEUSDTM
BingX BOME-USDC
Variational Omni BOME
HTX BOME-USDT
OKX BOME-USDT-SWAP
Extended kBOME-USD
Hyperliquid BOME