Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.008%

Price spread now: Coinbase International against BloFin+0.170%58s7-day average +0.202% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as 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−$690.693% of the position

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 3 days (all we have)+0.267%+$27 · spread now +0.170%, 7d avg +0.202%

Together, before fees+0.304%+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.032% cheaper against BloFin than usual: you would sell low and buy high (spread +0.170% now, against its 7-day average of +0.202%). If the spread goes back, that is −$3 on $10k: about 33 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.037% in total) that is about 6.0 days. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BOME-USDT	0.001057	0.0068	pay 0.0034% / 4h	1h 07m	$743K	$159K	50x
Short	Coinbase International BOME-PERP-INTX	0.001059	0.0144	get 0.0018% / 1h	7m 22s	$68K	$534K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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 BloFinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.170%Rate

Funding earned: $15.97
Price spread: +0.170% → +0.202%: −$3.17
Slippage, 4 orders: −$47.35
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$56.54
Costs to cover: 0.693%
Break-even: 31.8 days

Slippage from BloFin: live order book, 9 min ago; Coinbase International: live order book, 11 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 BloFin live order book, 9 min ago	2.83 bp	10.8 bp −$11	28.9 bp −$289	doesn't fit	doesn't fit
Sell Coinbase International live order book, 11 min ago	6.14 bp	18.8 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
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001057	−0.038%	$9	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	0.0000%	1h	0.001058	+0.057%	$33K	$10K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−11.500%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDTlong	+0.0068%	4h	0.001057	long leg	$743K	$159K	50x
Aster BOMEUSDT	+0.0100%	4h	0.001059	+0.160%	$34K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001059	+0.140%	$9.5M	$30.3M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001059	+0.113%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001060	+0.284%	$2.8M	$11.6M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001059	+0.151%	$3.0M	$1.8M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001059	+0.180%	$996K	$691K	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BOMEUSDTM	+0.0100%	4h	0.001059	+0.161%	$632K	$739K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001061	+0.312%	$3.4M	$1.8M	50x	as long as short
BingX BOME-USDC	+0.0100%	4h	0.001059	+0.151%	—	$6.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001057	−0.075%	$23K	$17K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001058	+0.019%	$5K	$167K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001058	+0.065%	$7K	—	5x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0144%	1h	0.001059	+0.170%	$68K	$534K	50x
Kraken Futures PF_BOMEUSD	+0.0179%	1h	0.001059	+0.160%	$110K	$171K	10x	as long as short
Hyperliquid BOME	+0.0706%	1h	0.001062	+0.435%	$4.0M	$438K	3x	as long as short