Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0135%/8h= +14.8% APRpaid last 24h +0.053%

Price spread now: Variational Omni against Deribit−0.198%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.198% cheaper against Deribit than usual: you would sell low and buy high (spread −0.198% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 4.9 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit BOME_USDC-PERPETUAL	0.001051	−0.0035	get 0.0004% / 1h	10m 05s	$33K	$10K	10x
Short	Variational Omni BOME	0.001049	0.0100	get 0.0050% / 4h	2h 10m	$23K	$17K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Deribit. 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 DeribitbpFee Variational OmnibpOrdersPrice spread, now −0.198%Rate

Funding earned: $28.43
Price spread: −0.198% → 0.000%: −$19.75
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $1.67
Costs to cover: 0.070%
Break-even: 6.6 days

Slippage unknown: Deribit: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Deribit and Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_BOMEUSD	−0.0408%	1h	0.001052	+0.058%	$111K	$169K	10x	as long as short
Deribit BOME_USDC-PERPETUALlong	−0.0035%	1h	0.001051	long leg	$33K	$10K	10x
GMX BOME/USD [WBTC.b-USDC]	L 0.0000% / S +0.0270%	1h	0.001051	0.000%	$9	—	100x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−10.961%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDT	+0.0097%	4h	0.001049	−0.190%	$380K	$159K	50x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001051	−0.002%	$34K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001051	−0.048%	$9.4M	$30.4M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001050	−0.105%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001051	−0.010%	$2.8M	$11.7M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001051	0.000%	$2.9M	$1.8M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BOME_USDT	+0.0100%	4h	0.001050	−0.057%	$938K	$682K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001052	+0.057%	$657K	$715K	50x	as long as short
Bitget BOMEUSDT	+0.0100%	4h	0.001052	+0.067%	$3.3M	$1.8M	50x	as long as short
BingX BOME-USDT	+0.0100%	4h	0.001050	−0.067%	—	$31.5M	—	as long as short
Variational Omni BOMEshort	+0.0100%	4h	0.001049	−0.198%	$23K	$17K	—
HTX BOME-USDT	+0.0100%	4h	0.001051	−0.019%	$5K	$171K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001050	−0.061%	$7K	—	5x	as long as short
Coinbase International BOME-PERP-INTX	+0.0120%	1h	0.001060	+0.828%	$71K	$530K	50x	as long as short
Hyperliquid BOME	+0.0689%	1h	0.001053	+0.190%	$3.9M	$438K	3x	as long as short