Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h +0.008%

Price spread now: BloFin against Coinbase International−0.425%58s7-day average −0.199% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$790.787% of the position

Long on Coinbase International Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 3 days (all we have)+0.175%+$17 · spread now −0.425%, 7d avg −0.199%

Together, before fees+0.134%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.226% cheaper against Coinbase International than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.199%). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BOME-PERP-INTX	0.001082	0.0152	pay 0.0019% / 1h	3m 45s	$69K	$556K	50x
Short	BloFin BOME-USDT	0.001077	0.0116	get 0.0058% / 4h	3h 03m	$754K	$165K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Coinbase International. 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 Coinbase InternationalbpFee BloFinbpOrdersPrice spread, now −0.425%Rate

Funding earned: −$7.61
Price spread: −0.425% → −0.199%: −$22.64
Slippage, 4 orders: −$56.66
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$108.91
Costs to cover: 0.787%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; BloFin: live order book, 3 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 Coinbase International live order book, 4 min ago	8.81 bp	18.1 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.93 bp	20.4 bp −$20	33.4 bp −$334	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
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001078	−0.379%	$10	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001079	−0.250%	$30K	$14K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−13.520%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001077	−0.442%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001075	−0.693%	$9.7M	$30.0M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001075	−0.675%	$3.0M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001075	−0.656%	$2.9M	$11.5M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001078	−0.370%	$3.0M	$1.8M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001074	−0.712%	$1.0M	$700K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001077	−0.444%	$652K	$774K	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	0.001078	−0.388%	$3.4M	$1.8M	50x	as long as short
BingX BOME-USDC	+0.0100%	4h	0.001078	−0.416%	—	$6.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001078	−0.388%	$23K	$18K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001080	−0.222%	$6K	$162K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001078	−0.415%	$8K	—	5x	as long as short
BloFin BOME-USDTshort	+0.0116%	4h	0.001077	−0.425%	$754K	$165K	50x
Coinbase International BOME-PERP-INTXlong	+0.0152%	1h	0.001082	long leg	$69K	$556K	50x
Kraken Futures PF_BOMEUSD	+0.0509%	1h	0.001078	−0.415%	$112K	$167K	10x	as long as short
Hyperliquid BOME	+0.0979%	1h	0.001080	−0.194%	$4.0M	$448K	3x	as long as short