Funding you earn now, next payment 00:00 UTC+0.0740%/8h= +81.0% APRnext payment +$0.93 per $10,000 · paid last 24h +0.158%
Price spread now: Hyperliquid against Coinbase International+0.574%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$960.960% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 3 days (all we have)−0.404%−$40 · spread now +0.574%, 7d avg +0.113%
=Together, before fees−0.151%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Hyperliquid is 0.461% dearer against Coinbase International than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of +0.113%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.253% in total (about 13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BOME-PERP-INTX | 0.001080 | 0.0152 | pay 0.0019% / 1h | 9m 35s | $69K | $557K | 50x |
| Short | Hyperliquid BOME | 0.001086 | 0.0892 | get 0.0112% / 1h | 9m 35s | $4.1M | $448K | 3x |
Coinbase International BOME-PERP-INTX
Hyperliquid BOMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $155.4
- Price spread: +0.574% → +0.113%
- $46.15
- Slippage, 4 orders
- −$77.05
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $105.5
- Costs to cover
- 0.960%
- Break-even
- 2.2 days
Slippage from Coinbase International: live order book, 64 min ago; Hyperliquid: live order book, 2 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, 64 min ago | 11.82 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 4.62 bp | 27.5 bp −$28 | doesn't fit | 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 | 0.001080 | +0.019% | $10 | — | 100x | as long as short |
| Deribit BOME_USDC-PERPETUAL | 0.0000% | 1h | 0.001081 | +0.102% | $30K | $14K | 10x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −13.336% | $1K | $36K | 5.5x | as long as short |
| BloFin BOME-USDT | +0.0085% | 4h | 0.001078 | −0.194% | $751K | $165K | 50x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001081 | +0.144% | $35K | $49K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001082 | +0.204% | $9.8M | $30.0M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001082 | +0.204% | $3.0M | $3.9M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001083 | +0.306% | $2.9M | $11.6M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001082 | +0.194% | $3.0M | $1.8M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001082 | +0.232% | $1.0M | $700K | 200x | as long as short |
GMX BOME/USD [WBTC.b-USDC]
Deribit BOME_USDC-PERPETUAL
Injective BOME/USDC PERP
BloFin BOME-USDT
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001082 | +0.176% | $654K | $778K | 50x | as long as short |
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001083 | +0.315% | $3.4M | $1.8M | 50x | as long as short |
| BingX BOME-USDC | +0.0100% | 4h | 0.001082 | +0.204% | — | $6.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001078 | −0.179% | $23K | $18K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001080 | 0.000% | $6K | $163K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001081 | +0.148% | $8K | — | 5x | as long as short |
| Coinbase International BOME-PERP-INTXlong | +0.0152% | 1h | 0.001080 | long leg | $69K | $557K | 50x | |
| Kraken Futures PF_BOMEUSD | +0.0508% | 1h | 0.001079 | −0.075% | $112K | $169K | 10x | as long as short |
| Hyperliquid BOMEshort | +0.0892% | 1h | 0.001086 | +0.574% | $4.1M | $448K | 3x |
KuCoin BOMEUSDTM
Bitget BOMEUSDT
BingX BOME-USDC
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
Kraken Futures PF_BOMEUSD