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

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BOME-PERP-INTX0.0010820.0312pay 0.0039% / 1h17m 35s$70K$669K50x
ShortHyperliquid BOME0.0010870.1518get 0.0190% / 1h17m 35s$4.1M$458K3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 31 min ago8.38 bp16.9 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago9.30 bp24.7 bp −$25doesn't fitdoesn'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
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001081−0.102%$10100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−13.520%$1K$36K5.5xas long as short
BloFin BOME-USDT+0.0070%4h0.001077−0.471%$777K$169K50xas long as short
Aster BOMEUSDT+0.0100%4h0.001081−0.069%$35K$45K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001082−0.028%$10.0M$27.8M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001082−0.028%$2.9M$3.7M25xas long as short
OKX BOME-USDT-SWAP+0.0100%4h0.001082−0.009%$2.9M$10.3M20xas long as short
Gate BOME_USDT+0.0100%4h0.001084+0.139%$3.1M$1.7M50xas long as short
MEXC BOME_USDT+0.0100%4h0.001083+0.120%$1.0M$671K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001084+0.148%$629K$821K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BOMEUSDT+0.0100%4h0.001083+0.083%$3.4M$1.9M50xas long as short
BingX BOME-USDC+0.0100%4h0.001083+0.111%$6.5Mas long as short
Variational Omni BOME+0.0100%4h0.001070−1.094%$23K$13Kas long as short
HTX BOME-USDT+0.0100%4h0.001082+0.018%$4K$133K20xas long as short
Extended kBOME-USD+0.0104%1h0.001083+0.083%$8K5xas long as short
Coinbase International BOME-PERP-INTXlong+0.0312%1h0.001082long leg$70K$669K50x
Kraken Futures PF_BOMEUSD+0.0364%1h0.001082+0.033%$114K$148K10xas long as short
Deribit BOME_USDC-PERPETUAL+0.0674%1h0.001083+0.055%$18K$29K10xas long as short
Hyperliquid BOMEshort+0.1518%1h0.001087+0.453%$4.1M$458K3x