Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: BingX against GMX−0.168%7-day average — · you buy dearer than you sell

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

Long on GMX Short on BingX

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—needs both histories

Funding pays, the price is against you. BingX is 0.168% cheaper against GMX than usual: you would sell low and buy high (spread −0.168% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BOME/USD [WBTC.b-USDC]	0.001073	L 0.0000% / S +0.0270%	get 0.0000% / 1h	45m 43s	$10	—	100x
Short	BingX BOME-USDT	0.001071	0.0100	get 0.0050% / 4h	2h 45m	—	$31.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against GMX. 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 GMXbpFee BingXbpOrdersPrice spread, now −0.168%Rate

Funding earned: $21
Price spread: −0.168% → 0.000%: −$16.78
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$17.78
Costs to cover: 0.220%
Break-even: 12.9 days

Slippage unknown: GMX: no order-book sample; BingX: live order book, 8 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell BingX live order book, 8 min ago	2.34 bp	14.5 bp −$14	38.1 bp −$381	415.7 bp −$41.6K	904.3 bp −$452.2K

GMX: 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
GMX BOME/USD [WBTC.b-USDC]long	L 0.0000% / S +0.0270%	1h	0.001073	long leg	$10	—	100x
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−12.787%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDT	+0.0084%	4h	0.001075	+0.149%	$753K	$165K	50x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001073	−0.034%	$35K	$49K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001071	−0.164%	$9.6M	$30.2M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001071	−0.224%	$2.9M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001072	−0.130%	$2.8M	$11.5M	20x	as long as short
Gate BOME_USDT	+0.0100%	4h	0.001071	−0.186%	$3.0M	$1.7M	50x	as long as short
MEXC BOME_USDT	+0.0100%	4h	0.001071	−0.149%	$1.0M	$700K	200x	as long as short
KuCoin BOMEUSDTM	+0.0100%	4h	0.001072	−0.130%	$624K	$764K	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	0.001072	−0.130%	$3.4M	$1.8M	50x	as long as short
BingX BOME-USDTshort	+0.0100%	4h	0.001071	−0.168%	—	$31.2M	—
Variational Omni BOME	+0.0100%	4h	0.001074	+0.050%	$23K	$18K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001072	−0.056%	$6K	$162K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001071	−0.169%	$8K	—	5x	as long as short
Coinbase International BOME-PERP-INTX	+0.0184%	1h	0.001073	+0.028%	$69K	$551K	50x	as long as short
Kraken Futures PF_BOMEUSD	+0.0274%	1h	0.001072	−0.108%	$111K	$162K	10x	as long as short
Deribit BOME_USDC-PERPETUAL	+0.0309%	1h	0.001073	+0.009%	$30K	$14K	10x	as long as short
Hyperliquid BOME	+0.1462%	1h	0.001075	+0.186%	$4.0M	$450K	3x	as long as short