Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.030%

Price spread now: Coinbase International against Bitget+0.599%47s7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1000.998% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 4 days (all we have)−0.655%−$65 · spread now +0.599%, 7d avg +0.066%

Together, before fees−0.619%−$62 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.532% dearer against Bitget than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of +0.066%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BOMEUSDT	0.001086	0.0100	pay 0.0050% / 4h	2h 20m	$3.4M	$2.3M	50x
Short	Coinbase International BOME-PERP-INTX	0.001092	0.0384	get 0.0048% / 1h	20m 24s	$63K	$806K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now +0.599%Rate

Funding earned: $59.64
Price spread: +0.599% → +0.066%: $53.22
Slippage, 4 orders: −$77.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $13.09
Costs to cover: 0.998%
Break-even: 5.5 days

Slippage from Bitget: live order book, just now; Coinbase International: live order book, 31 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 Bitget live order book, just now	4.14 bp	23.5 bp −$23	98.5 bp −$985	doesn't fit	doesn't fit
Sell Coinbase International live order book, 31 min ago	9.15 bp	25.0 bp −$25	doesn't fit	doesn't fit	doesn't fit

BOME on 19 exchanges

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	−0.0701%	1h	0.001088	+0.180%	$114K	$171K	10x	as long as short
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001083	−0.258%	$10	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001089	+0.258%	$9K	$37K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−13.815%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDT	+0.0065%	4h	0.001089	+0.322%	$797K	$172K	50x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001085	−0.047%	$31K	$46K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001085	−0.103%	$10.1M	$31.4M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001084	−0.138%	$3.0M	$3.9M	25x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001085	−0.074%	$3.1M	$1.9M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001084	−0.120%	$1.2M	$745K	200x	as long as short

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BOMEUSDTM	+0.0100%	4h	0.001085	−0.046%	$635K	$849K	50x	as long as short
Bitget BOMEUSDTlong	+0.0100%	4h	0.001086	long leg	$3.4M	$2.3M	50x
BingX BOME-USDT	+0.0100%	4h	0.001085	−0.092%	—	$31.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001088	+0.205%	$21K	$15K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001088	+0.239%	$3K	$133K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001085	−0.085%	$8K	—	5x	as long as short
OKX BOME-USDT-SWAP	+0.0107%	4h	0.001086	−0.028%	$3.0M	$11.2M	20x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0384%	1h	0.001092	+0.599%	$63K	$806K	50x
Hyperliquid BOME	+0.1685%	1h	0.001089	+0.295%	$4.3M	$837K	3x	as long as short