Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0252%/8h= +27.6% APRpaid last 24h +0.022%

Price spread now: Coinbase International against Binance+0.165%7-day average +0.160% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$680.678% of the position

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.165%, 7d avg +0.160%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.160%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.3% a year). A funding rate is set anew for every payment. 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	Binance BOMEUSDT	0.001093	0.0100	pay 0.0050% / 4h	22m 16s	$10.2M	$30.5M	50x
Short	Coinbase International BOME-PERP-INTX	0.001095	0.0352	get 0.0044% / 1h	22m 16s	$64K	$785K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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 BinancebpFee Coinbase InternationalbpOrdersPrice spread, now +0.165%Rate

Funding earned: $52.92
Price spread: +0.165% → +0.160%: $0.51
Slippage, 4 orders: −$47.8
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$14.38
Costs to cover: 0.678%
Break-even: 8.9 days

Slippage from Binance: live order book, 4 min ago; Coinbase International: live order book, 16 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 Binance live order book, 4 min ago	0.46 bp	14.6 bp −$15	51.4 bp −$514	doesn't fit	doesn't fit
Sell Coinbase International live order book, 16 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
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001092	−0.091%	$10	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001093	+0.018%	$8K	$39K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−14.382%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDT	+0.0061%	4h	0.001090	−0.302%	$799K	$172K	50x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001093	−0.011%	$35K	$42K	10x	as long as short
Binance BOMEUSDTlong	+0.0100%	4h	0.001093	long leg	$10.2M	$30.5M	50x
Bybit BOMEUSDT	+0.0100%	4h	0.001093	+0.009%	$3.0M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001094	+0.137%	$3.0M	$11.1M	20x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001093	−0.027%	$1.2M	$720K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001094	+0.073%	$697K	$829K	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	0.001095	+0.156%	$3.5M	$2.1M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001094	+0.046%	—	$31.3M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001091	−0.224%	$21K	$15K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001093	0.000%	$4K	$143K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001093	−0.037%	$8K	—	5x	as long as short
Gate BOME_USDT	+0.0106%	4h	0.001094	+0.101%	$3.1M	$1.8M	50x	as long as short
Kraken Futures PF_BOMEUSD	+0.0246%	1h	0.001091	−0.201%	$115K	$167K	10x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0352%	1h	0.001095	+0.165%	$64K	$785K	50x
Hyperliquid BOME	+0.1700%	1h	0.001099	+0.549%	$4.2M	$517K	3x	as long as short