Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.005%

Price spread now: Gate against Coinbase International−0.243%7-day average −0.113% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1141.137% of the position

Long on Coinbase International Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 3 days (all we have)+0.240%+$24 · spread now −0.243%, 7d avg −0.113%

Together, before fees+0.217%+$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.130% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.113%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BOME-PERP-INTX	0.001071	0.0184	pay 0.0023% / 1h	3m 07s	$68K	$552K	50x
Short	Gate BOME_USDT	0.001068	0.0100	get 0.0050% / 4h	2h 03m	$3.0M	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.243%Rate

Funding earned: −$17.64
Price spread: −0.243% → −0.113%: −$12.98
Slippage, 4 orders: −$88.75
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$144.37
Costs to cover: 1.137%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 65 min ago; Gate: live order book, 5 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, 65 min ago	8.81 bp	18.1 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	6.08 bp	36.0 bp −$36	doesn't fit	doesn't fit	doesn't fit

BOME on 18 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	0.001067	−0.327%	$10	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	+0.0031%	1h	0.001068	−0.243%	$29K	$14K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−12.583%	$1K	$36K	5.5x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001068	−0.203%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001067	−0.329%	$9.7M	$30.2M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001067	−0.318%	$2.9M	$4.0M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001068	−0.262%	$2.9M	$11.3M	20x	as long as short
Gate BOME_USDTshort	+0.0100%	4h	0.001068	−0.243%	$3.0M	$1.8M	50x
MEXC BOME_USDT	+0.0100%	4h	0.001067	−0.308%	$1.0M	$713K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001068	−0.196%	$622K	$801K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BOMEUSDT	+0.0100%	4h	0.001068	−0.243%	$3.4M	$1.8M	50x	as long as short
BingX BOME-USDC	+0.0100%	4h	0.001068	−0.215%	—	$6.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001067	−0.307%	$23K	$18K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001068	−0.252%	$6K	$161K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001067	−0.290%	$7K	—	5x	as long as short
Coinbase International BOME-PERP-INTXlong	+0.0184%	1h	0.001071	long leg	$68K	$552K	50x
Kraken Futures PF_BOMEUSD	+0.0275%	1h	0.001067	−0.306%	$110K	$161K	10x	as long as short
Hyperliquid BOME	+0.1180%	1h	0.001070	−0.047%	$4.0M	$453K	3x	as long as short