Funding you earn now, next payment 06:00 UTC−0.1317%/8h= −144.2% APRpaid last 24h −0.215%
Price spread now: KuCoin against Hyperliquid+0.037%7-day average −0.245% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1641.640% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)−0.382%−$38 · spread now +0.037%, 7d avg −0.245%
=Together, before fees−0.718%+ Points / potential airdropHyperliquid: Season 2 · farm board−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.282% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.245%): +$28 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.336% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BOME | 0.001074 | 0.1417 | pay 0.0177% / 1h | 33m 50s | $4.0M | $455K | 3x |
| Short | KuCoin BOMEUSDTM | 0.001074 | 0.0100 | get 0.0050% / 4h | 2h 33m | $619K | $825K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hyperliquid. 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
- −$276.63
- Price spread: +0.037% → −0.245%
- $28.22
- Slippage, 4 orders
- −$143.03
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$412.44
- Costs to cover
- 1.640%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; KuCoin: live order book, 41 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 Hyperliquid live order book, 8 min ago | 4.67 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 41 min ago | 6.49 bp | 46.4 bp −$46 | 365.2 bp −$3,652 | 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 | 0.001072 | −0.186% | $10 | — | 100x | as long as short |
| Injective BOME/USDC PERP | +0.0033% | 1h | 0.0009358 | −12.868% | $1K | $36K | 5.5x | as long as short |
| Aster BOMEUSDT | +0.0100% | 4h | 0.001074 | −0.032% | $35K | $45K | 10x | as long as short |
| Binance BOMEUSDT | +0.0100% | 4h | 0.001071 | −0.264% | $9.9M | $27.8M | 50x | as long as short |
| Bybit BOMEUSDT | +0.0100% | 4h | 0.001071 | −0.317% | $2.9M | $3.7M | 25x | as long as short |
| OKX BOME-USDT-SWAP | +0.0100% | 4h | 0.001072 | −0.223% | $2.9M | $10.2M | 20x | as long as short |
| Gate BOME_USDT | +0.0100% | 4h | 0.001071 | −0.251% | $3.0M | $1.7M | 50x | as long as short |
| MEXC BOME_USDT | +0.0100% | 4h | 0.001071 | −0.261% | $1.0M | $666K | 200x | as long as short |
| KuCoin BOMEUSDTMshort | +0.0100% | 4h | 0.001074 | +0.037% | $619K | $825K | 50x | |
| Bitget BOMEUSDT | +0.0100% | 4h | 0.001072 | −0.186% | $3.4M | $1.9M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BOME-USDT | +0.0100% | 4h | 0.001071 | −0.270% | — | $31.2M | — | as long as short |
| Variational Omni BOME | +0.0100% | 4h | 0.001071 | −0.234% | $23K | $13K | — | as long as short |
| HTX BOME-USDT | +0.0100% | 4h | 0.001073 | −0.112% | $4K | $131K | 20x | as long as short |
| Extended kBOME-USD | +0.0104% | 1h | 0.001071 | −0.279% | $8K | — | 5x | as long as short |
| Deribit BOME_USDC-PERPETUAL | +0.0123% | 1h | 0.001073 | −0.102% | $20K | $26K | 10x | as long as short |
| BloFin BOME-USDT | +0.0150% | 4h | 0.001077 | +0.298% | $806K | $164K | 50x | as long as short |
| Coinbase International BOME-PERP-INTX | +0.0312% | 1h | 0.001074 | +0.028% | $71K | $650K | 50x | as long as short |
| Kraken Futures PF_BOMEUSD | +0.0368% | 1h | 0.001072 | −0.149% | $112K | $148K | 10x | as long as short |
| Hyperliquid BOMElong | +0.1417% | 1h | 0.001074 | long leg | $4.0M | $455K | 3x |
Hyperliquid BOME
KuCoin BOMEUSDTM
GMX BOME/USD [WBTC.b-USDC]
Injective BOME/USDC PERP
Aster BOMEUSDT
Binance BOMEUSDT
Bybit BOMEUSDT
OKX BOME-USDT-SWAP
Gate BOME_USDT
MEXC BOME_USDT
Bitget BOMEUSDT
BingX BOME-USDT
Variational Omni BOME
HTX BOME-USDT
Extended kBOME-USD
Deribit BOME_USDC-PERPETUAL
BloFin BOME-USDT
Coinbase International BOME-PERP-INTX
Kraken Futures PF_BOMEUSD