Funding you earn now, next payment 05:00 UTC+0.1206%/8h= +132.1% APRnext payment +$1.51 per $10,000 · paid last 24h +0.200%
Price spread now: Hyperliquid against Coinbase International+0.453%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$870.871% of the position
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 4 days (all we have)−0.303%−$30 · spread now +0.453%, 7d avg +0.133%
=Together, before fees0.000%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Hyperliquid is 0.319% dearer against Coinbase International than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.133%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.303% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BOME-PERP-INTX | 0.001082 | 0.0312 | pay 0.0039% / 1h | 17m 35s | $70K | $669K | 50x |
| Short | Hyperliquid BOME | 0.001087 | 0.1518 | get 0.0190% / 1h | 17m 35s | $4.1M | $458K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $253.35
- Price spread: +0.453% → +0.133%
- $31.94
- Slippage, 4 orders
- −$68.1
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $198.19
- Costs to cover
- 0.871%
- Break-even
- 1.5 days
Slippage from Coinbase International: live order book, 31 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 31 min ago | 8.38 bp | 16.9 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 9.30 bp | 24.7 bp −$25 | 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 | 0.001081 | −0.102% | $10 | — | 100x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −13.520% | $1K | $36K | 5.5x | as long as short |
| BloFin BOME-USDT | +0.0070% | 4h | 0.001077 | −0.471% | $777K | $169K | 50x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001081 | −0.069% | $35K | $45K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001082 | −0.028% | $10.0M | $27.8M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001082 | −0.028% | $2.9M | $3.7M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001082 | −0.009% | $2.9M | $10.3M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001084 | +0.139% | $3.1M | $1.7M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001083 | +0.120% | $1.0M | $671K | 200x | as long as short |
| KuCoin BOMEUSDTM | +0.0100% | 4h | 0.001084 | +0.148% | $629K | $821K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001083 | +0.083% | $3.4M | $1.9M | 50x | as long as short |
| BingX BOME-USDC | +0.0100% | 4h | 0.001083 | +0.111% | — | $6.5M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001070 | −1.094% | $23K | $13K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001082 | +0.018% | $4K | $133K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001083 | +0.083% | $8K | — | 5x | as long as short |
| Coinbase International BOME-PERP-INTXlong | +0.0312% | 1h | 0.001082 | long leg | $70K | $669K | 50x | |
| Kraken Futures PF_BOMEUSD | +0.0364% | 1h | 0.001082 | +0.033% | $114K | $148K | 10x | as long as short |
| Deribit BOME_USDC-PERPETUAL | +0.0674% | 1h | 0.001083 | +0.055% | $18K | $29K | 10x | as long as short |
| Hyperliquid BOMEshort | +0.1518% | 1h | 0.001087 | +0.453% | $4.1M | $458K | 3x |
Coinbase International BOME-PERP-INTX
Hyperliquid BOME
GMX BOME/USD [WBTC.b-USDC]
Injective BOME/USDC PERP
BloFin BOME-USDT
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDT
KuCoin BOMEUSDTM
Bitget BOMEUSDT
BingX BOME-USDC
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
Kraken Futures PF_BOMEUSD
Deribit BOME_USDC-PERPETUAL