Settings8H · net · $10k
Funding arb · Price arb /

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1287%/8h= +140.9% APRpaid last 24h +0.175%
Price spread now: Hyperliquid against BingX+0.372%7-day average +0.268% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1211.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 7 days−0.188%−$19 · spread now +0.372%, 7d avg +0.268%
Together, before fees+0.089%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Hyperliquid is 0.104% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.268%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.277% in total (about 14.5% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BOME-USDC0.0010760.0100pay 0.0050% / 4h2h 27m$6.5M
ShortHyperliquid BOME0.0010800.1387get 0.0173% / 1h27m 38s$4.0M$452K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$270.3
Price spread: +0.372% → +0.268%
$10.39
Slippage, 4 orders
−$101.89
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$159.81
Costs to cover
1.209%
Break-even
2.9 days
Slippage from BingX: live order book, 3 min ago; Hyperliquid: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago2.79 bp29.2 bp −$29133.3 bp −$1,333569.4 bp −$56.9K734.1 bp −$367.1K
Sell Hyperliquid live order book, 4 min ago9.28 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit

BOME on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001075−0.093%$10100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−13.030%$1K$36K5.5xas long as short
Aster BOMEUSDT+0.0100%4h0.001076+0.041%$35K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001078+0.167%$9.8M$30.3M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001077+0.102%$2.9M$4.0M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001078+0.223%$2.9M$11.6M20xas long as short
Gate BOME_USDT+0.0100%4h0.001077+0.112%$3.0M$1.7M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001077+0.121%$1.0M$707K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001076+0.009%$627K$768K50xas long as short
Bitget BOMEUSDT+0.0100%4h0.001078+0.223%$3.4M$1.8M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BOME-USDClong+0.0100%4h0.001076long leg$6.5M
Variational Omni BOME+0.0100%4h0.001074−0.187%$23K$18Kas long as short
HTX BOME-USDT+0.0100%4h0.001075−0.065%$6K$162K20xas long as short
Extended kBOME-USD+0.0104%1h0.001077+0.123%$8K5xas long as short
Coinbase International BOME-PERP-INTX+0.0184%1h0.001077+0.056%$69K$555K50xas long as short
Deribit BOME_USDC-PERPETUAL+0.0215%1h0.001077+0.074%$30K$14K10xas long as short
Kraken Futures PF_BOMEUSD+0.0272%1h0.001076+0.045%$112K$162K10xas long as short
Hyperliquid BOMEshort+0.1387%1h0.001080+0.372%$4.0M$452K3x