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: Coinbase International against Gate+0.381%7-day average +0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$1151.147% of the position

Long on Gate Short on Coinbase International

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)−0.378%−$38 · spread now +0.381%, 7d avg +0.113%

Together, before fees−0.355%−$36 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.268% dearer against Gate than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BOME_USDT	0.001076	0.0100	pay 0.0050% / 4h	1h 59m	$3.0M	$1.8M	50x
Short	Coinbase International BOME-PERP-INTX	0.001080	0.0184	get 0.0023% / 1h	59m 50s	$78K	$578K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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 GatebpFee Coinbase InternationalbpOrdersPrice spread, now +0.381%Rate

Funding earned: $17.64
Price spread: +0.381% → +0.113%: $26.79
Slippage, 4 orders: −$89.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$70.27
Costs to cover: 1.147%
Break-even: 34.9 days

Slippage from Gate: live order book, 3 min ago; Coinbase International: 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 Gate live order book, 3 min ago	6.09 bp	33.8 bp −$34	2559.2 bp −$25.6K	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	10.31 bp	17.1 bp −$17	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	0.001077	+0.065%	$10	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001077	+0.093%	$32K	$16K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−13.054%	$1K	$36K	5.5x	as long as short
Hyperliquid BOME	+0.0100%	1h	0.001080	+0.344%	$4.0M	$456K	3x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001078	+0.141%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001076	+0.019%	$9.8M	$30.2M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001076	+0.009%	$2.9M	$4.0M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001078	+0.139%	$2.9M	$11.5M	20x	as long as short
Gate BOME_USDTlong	+0.0100%	4h	0.001076	long leg	$3.0M	$1.8M	50x
MEXC BOME_USDT	+0.0100%	4h	0.001077	+0.056%	$1.0M	$713K	200x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BOMEUSDTM	+0.0100%	4h	0.001078	+0.130%	$624K	$801K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001077	+0.046%	$3.4M	$1.9M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001077	+0.028%	—	$31.1M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001067	−0.891%	$23K	$18K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001077	+0.102%	$6K	$161K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001077	+0.032%	$8K	—	5x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0184%	1h	0.001080	+0.381%	$78K	$578K	50x
Kraken Futures PF_BOMEUSD	+0.0272%	1h	0.001077	+0.030%	$113K	$163K	10x	as long as short