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

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0974%/8h= +106.7% APRpaid last 24h +0.248%
Price spread now: Hyperliquid against BloFin+0.520%87s7-day average +0.324% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$920.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.409%+$41 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.520%, 7d avg +0.324%
Together, before fees+0.336%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Hyperliquid is 0.196% dearer against BloFin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.324%. The two prices were read 87 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 0.409% in total (about 21.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BOME-USDT0.0011160.0071pay 0.0036% / 4h3h 51m$799K$177K50x
ShortHyperliquid BOME0.0011220.1045get 0.0131% / 1h51m 37s$4.3M$544K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$204.58
Price spread: +0.520% → +0.324%
$19.59
Slippage, 4 orders
−$70.97
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$132.2
Costs to cover
0.920%
Break-even
2.5 days
Slippage from BloFin: live order book, 25 min ago; Hyperliquid: live order book, 10 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 BloFin live order book, 25 min ago1.38 bp16.3 bp −$1633.1 bp −$331doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago4.48 bp35.6 bp −$3658.9 bp −$589doesn't fitdoesn't fit

BOME on 19 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
Kraken Futures PF_BOMEUSD−0.0949%1h0.001113−0.315%$117K$168K10xas long as short
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001114−0.197%$10100xas long as short
Deribit BOME_USDC-PERPETUAL+0.0019%1h0.001116−0.036%$8K$39K10xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−16.162%$1K$36K5.5xas long as short
BloFin BOME-USDTlong+0.0071%4h0.001116long leg$799K$177K50x
Aster BOMEUSDT+0.0100%4h0.001120+0.334%$36K$42K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001120+0.358%$10.5M$31.1M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001120+0.367%$3.0M$4.0M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001122+0.538%$3.1M$11.6M20xas long as short
Gate BOME_USDT+0.0100%4h0.001119+0.215%$3.2M$1.8M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BOME_USDT+0.0100%4h0.001121+0.421%$1.3M$718K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001118+0.197%$706K$832K50xas long as short
Bitget BOMEUSDT+0.0100%4h0.001122+0.538%$3.6M$2.2M50xas long as short
BingX BOME-USDC+0.0100%4h0.001121+0.466%$6.5Mas long as short
Variational Omni BOME+0.0100%4h0.001114−0.231%$22K$15Kas long as short
HTX BOME-USDT+0.0100%4h0.0011160.000%$4K$144K20xas long as short
Extended kBOME-USD+0.0104%1h0.001120+0.358%$8K5xas long as short
Coinbase International BOME-PERP-INTX+0.0352%1h0.001117+0.081%$65K$814K50xas long as short
Hyperliquid BOMEshort+0.1045%1h0.001122+0.520%$4.3M$544K3x