Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.003%

Price spread now: Coinbase International against BingX+0.569%7-day average +0.129% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$570.568% of the position

Long on BingX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)−0.524%−$52 · spread now +0.569%, 7d avg +0.129%

Together, before fees−0.514%−$51 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.441% dearer against BingX than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.129%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BOME-USDT	0.001054	0.0100	pay 0.0050% / 4h	2h 14m	—	$31.5M	—
Short	Coinbase International BOME-PERP-INTX	0.001060	0.0120	get 0.0015% / 1h	14m 06s	$71K	$530K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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 BingXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.569%Rate

Funding earned: $4.2
Price spread: +0.569% → +0.129%: $44.07
Slippage, 4 orders: −$36.82
Fee BingX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$8.55
Costs to cover: 0.568%
Break-even: 21.2 days

Slippage from BingX: live order book, 10 min ago; Coinbase International: live order book, 9 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 BingX live order book, 10 min ago	0.95 bp	14.0 bp −$14	38.1 bp −$381	545.8 bp −$54.6K	977.3 bp −$488.6K
Sell Coinbase International live order book, 9 min ago	8.04 bp	19.0 bp −$19	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	−0.0408%	1h	0.001053	−0.082%	$111K	$169K	10x	as long as short
Deribit BOME_USDC-PERPETUAL	−0.0130%	1h	0.001053	−0.114%	$33K	$10K	10x	as long as short
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001052	−0.161%	$9	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−11.189%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDT	+0.0063%	4h	0.001057	+0.275%	$749K	$160K	50x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001052	−0.136%	$34K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001052	−0.165%	$9.4M	$30.4M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001052	−0.123%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001052	−0.133%	$2.8M	$11.7M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001053	−0.085%	$2.9M	$1.8M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BOME_USDT	+0.0100%	4h	0.001052	−0.142%	$929K	$681K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001053	−0.038%	$658K	$715K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001053	−0.019%	$3.3M	$1.8M	50x	as long as short
BingX BOME-USDTlong	+0.0100%	4h	0.001054	long leg	—	$31.5M	—
Variational Omni BOME	+0.0100%	4h	0.001053	−0.047%	$23K	$17K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001053	−0.038%	$5K	$171K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001052	−0.184%	$7K	—	5x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0120%	1h	0.001060	+0.569%	$71K	$530K	50x
Hyperliquid BOME	+0.0663%	1h	0.001055	+0.123%	$3.9M	$438K	3x	as long as short