Funding you earn now, next payment 08:00 UTC−0.0645%/8h= −70.6% APRnext payment −$0.81 per $10,000 · paid last 24h −0.226%
Price spread now: Coinbase International against Hyperliquid−0.170%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$980.982% of the position
Funding, last 7 days−0.345%−$34 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.170%, 7d avg −0.136%
=Together, before fees−0.416%+ Points / potential airdropHyperliquid: Season 2 · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Coinbase International is 0.034% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.136%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.345% in total (about -18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.81 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 | Hyperliquid BOME | 0.001119 | 0.0997 | pay 0.0125% / 1h | 53m 04s | $4.3M | $543K | 3x |
| Short | Coinbase International BOME-PERP-INTX | 0.001117 | 0.0352 | get 0.0044% / 1h | 53m 04s | $65K | $814K | 50x |
Hyperliquid BOME
Coinbase International BOME-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Hyperliquid. 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
- −$135.35
- Price spread: −0.170% → −0.136%
- −$3.38
- Slippage, 4 orders
- −$79.19
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$236.93
- Costs to cover
- 0.982%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Coinbase International: live order book, 45 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 Hyperliquid live order book, 9 min ago | 4.48 bp | 24.6 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 45 min ago | 8.64 bp | 16.2 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BOMEUSD | −0.0949% | 1h | 0.001113 | −0.551% | $117K | $168K | 10x | as long as short |
| GMX BOME/USD [WBTC.b-USDC] | L 0.0000% / S +0.0270% | 1h | 0.001114 | −0.447% | $10 | — | 100x | as long as short |
| Deribit BOME_USDC-PERPETUAL | +0.0019% | 1h | 0.001115 | −0.313% | $8K | $39K | 10x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −16.372% | $1K | $36K | 5.5x | as long as short |
| BloFin BOME-USDT | +0.0071% | 4h | 0.001116 | −0.250% | $799K | $177K | 50x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001116 | −0.282% | $36K | $42K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001115 | −0.313% | $10.4M | $31.1M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001115 | −0.384% | $3.0M | $4.0M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001117 | −0.206% | $3.1M | $11.5M | 20x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001115 | −0.313% | $1.3M | $718K | 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
OKX BOME-USDT-SWAP
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 | 0.001116 | −0.277% | $704K | $833K | 50x | as long as short |
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001117 | −0.206% | $3.6M | $2.2M | 50x | as long as short |
| BingX BOME-USDC | +0.0100% | 4h | 0.001115 | −0.313% | — | $6.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001114 | −0.481% | $22K | $15K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001116 | −0.232% | $4K | $144K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001115 | −0.374% | $8K | — | 5x | as long as short |
| Gate BOME_USDT | +0.0182% | 4h | 0.001116 | −0.268% | $3.2M | $1.8M | 50x | as long as short |
| Coinbase International BOME-PERP-INTXshort | +0.0352% | 1h | 0.001117 | −0.170% | $65K | $814K | 50x | |
| Hyperliquid BOMElong | +0.0997% | 1h | 0.001119 | long leg | $4.3M | $543K | 3x |
KuCoin BOMEUSDTM
Bitget BOMEUSDT
BingX BOME-USDC
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
Gate BOME_USDT