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

BOME

all BOME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0505%/8h= +55.3% APRpaid last 24h +0.134%
Price spread now: Hyperliquid against OKX+0.227%7-day average +0.236% · 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−$82as in the Price arb table
costs, in and out, $10k−$810.814% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.236%+$24 on $10k
Price spread, last 7 days+0.094%+$9 · spread now +0.227%, 7d avg +0.236%
Together, before fees+0.330%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.236%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.236% in total (about 12.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BOME-USDT-SWAP0.0010560.0100pay 0.0050% / 4h3h 21m$2.8M$11.9M20x
ShortHyperliquid BOME0.0010580.0605get 0.0076% / 1h21m 29s$4.0M$440K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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
$106.04
Price spread: +0.227% → +0.236%
−$0.83
Slippage, 4 orders
−$62.42
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$23.78
Costs to cover
0.814%
Break-even
5.4 days
Slippage from OKX: live order book, 2 min ago; Hyperliquid: live order book, 5 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 OKX live order book, 2 min ago0.95 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago4.72 bp20.7 bp −$21doesn'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
Kraken Futures PF_BOMEUSD−0.0410%1h0.001055−0.020%$111K$172K10xas long as short
Deribit BOME_USDC-PERPETUAL−0.0129%1h0.001055−0.066%$35K$9K10xas long as short
GMX BOME/USD [WBTC.b-USDC]L 0.0000% / S +0.0270%1h0.001055−0.057%$9100xas long as short
Injective BOME/USDC PERP+0.0033%1h0.0009358−11.349%$1K$36K5.5xas long as short
BloFin BOME-USDT+0.0050%4h0.001049−0.587%$731K$160K50xas long as short
Aster BOMEUSDT+0.0100%4h0.001054−0.190%$34K$49K10xas long as short
Binance BOMEUSDT+0.0100%4h0.001054−0.127%$9.5M$30.6M50xas long as short
Bybit BOMEUSDT+0.0100%4h0.001054−0.114%$2.9M$3.9M25xas long as short
OKX BOME-USDT-SWAPlong+0.0100%4h0.001056long leg$2.8M$11.9M20x
Gate BOME_USDT+0.0100%4h0.001054−0.171%$3.0M$1.8M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BOME_USDT+0.0100%4h0.001055−0.085%$931K$693K200xas long as short
KuCoin BOMEUSDTM+0.0100%4h0.001054−0.142%$694K$714K50xas long as short
Bitget BOMEUSDT+0.0100%4h0.001056+0.019%$3.3M$1.9M50xas long as short
BingX BOME-USDC+0.0100%4h0.001054−0.133%$6.5Mas long as short
Variational Omni BOME+0.0100%4h0.001058+0.262%$23K$17Kas long as short
HTX BOME-USDT+0.0100%4h0.001054−0.171%$5K$171K20xas long as short
Extended kBOME-USD+0.0104%1h0.001054−0.142%$7K5xas long as short
Coinbase International BOME-PERP-INTX+0.0176%1h0.001055−0.038%$69K$549K50xas long as short
Hyperliquid BOMEshort+0.0605%1h0.001058+0.227%$4.0M$440K3x