Funding arb · Price arb /

BOME

all BOME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.018%

Price spread now: Coinbase International against MEXC+0.044%7-day average +0.166% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$630.626% of the position

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)+0.128%+$13 · spread now +0.044%, 7d avg +0.166%

Together, before fees+0.172%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.122% cheaper against MEXC than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.166%). If the spread goes back, that is −$12 on $10k: about 43 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.044% in total) that is about 19 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% 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	MEXC BOME_USDT	0.001126	0.0100	pay 0.0050% / 4h	1h 00m	$1.3M	$704K	200x
Short	Coinbase International BOME-PERP-INTX	0.001127	0.0328	get 0.0041% / 1h	0m 12s	$73K	$782K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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 MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.044%Rate

Funding earned: $47.88
Price spread: +0.044% → +0.166%: −$12.18
Slippage, 4 orders: −$48.6
Fee MEXC: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$26.9
Costs to cover: 0.626%
Break-even: 10.9 days

Slippage from MEXC: live order book, 1 min ago; Coinbase International: live order book, 43 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 MEXC live order book, 1 min ago	0.89 bp	11.2 bp −$11	41.8 bp −$418	81.0 bp −$8,097	212.0 bp −$106.0K
Sell Coinbase International live order book, 43 min ago	11.03 bp	18.1 bp −$18	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	0.001126	−0.027%	$10	—	100x	as long as short
Deribit BOME_USDC-PERPETUAL	+0.0016%	1h	0.001126	−0.018%	$8K	$39K	10x	as long as short
Injective BOME/USDC PERP	+0.0033%	1h	0.0009358	−16.914%	$1K	$36K	5.5x	as long as short
BloFin BOME-USDT	+0.0089%	4h	0.001125	−0.080%	$832K	$177K	50x	as long as short
Aster BOMEUSDT	+0.0100%	4h	0.001126	+0.013%	$36K	$42K	10x	as long as short
Binance BOMEUSDT	+0.0100%	4h	0.001126	0.000%	$10.7M	$29.3M	50x	as long as short
Bybit BOMEUSDT	+0.0100%	4h	0.001125	−0.115%	$3.1M	$3.9M	25x	as long as short
OKX BOME-USDT-SWAP	+0.0100%	4h	0.001126	+0.009%	$3.1M	$11.0M	20x	as long as short
MEXC BOME_USDTlong	+0.0100%	4h	0.001126	long leg	$1.3M	$704K	200x
KuCoin BOMEUSDTM	+0.0100%	4h	0.001127	+0.036%	$714K	$825K	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	0.001128	+0.124%	$3.6M	$2.0M	50x	as long as short
BingX BOME-USDC	+0.0100%	4h	0.001126	−0.018%	—	$6.5M	—	as long as short
Variational Omni BOME	+0.0100%	4h	0.001125	−0.151%	$22K	$15K	—	as long as short
HTX BOME-USDT	+0.0100%	4h	0.001126	0.000%	$4K	$140K	20x	as long as short
Extended kBOME-USD	+0.0104%	1h	0.001127	+0.025%	$8K	—	5x	as long as short
Gate BOME_USDT	+0.0204%	4h	0.001126	−0.044%	$3.2M	$1.8M	50x	as long as short
Kraken Futures PF_BOMEUSD	+0.0271%	1h	0.001123	−0.290%	$120K	$159K	10x	as long as short
Coinbase International BOME-PERP-INTXshort	+0.0328%	1h	0.001127	+0.044%	$73K	$782K	50x
Hyperliquid BOME	+0.0901%	1h	0.001129	+0.240%	$4.2M	$445K	3x	as long as short