BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0240%/8h= −26.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.161%

Price spread now: Coinbase International against Aevo−0.313%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.313% cheaper against Aevo than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo 1000BONK-PERP	0.000003510	0.0104	pay 0.0013% / 1h	20m 41s	$4K	—	3x
Short	Coinbase International 1000BONK-PERP-INTX	0.000003499	−0.0136	pay 0.0017% / 1h	20m 41s	$43K	$47K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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 AevobpFee Coinbase InternationalbpOrdersPrice spread, now −0.313%Rate

Funding earned: −$50.4
Price spread: −0.313% → 0.000%: −$31.34
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$107.74
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Coinbase International: 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 Aevo no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

Aevo and Coinbase International: 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.

BONK on 31 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
Coinbase International 1000BONK-PERP-INTXshort	−0.0136%	1h	0.000003499	−0.313%	$43K	$47K	50x
dYdX BONK-USD	0.0000%	1h	0.000003520	+0.285%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003511	+0.031%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.724%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003517	+0.212%	$4	—	15x	as long as short
Orderly PERP_1000BONK_USDC	+0.0095%	4h	0.000003509	−0.028%	$30K	$53K	20x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003519	+0.271%	$42K	$114K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003526	+0.456%	$59K	$299K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003525	+0.427%	$117K	$123K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003527	+0.494%	$18.1M	$71.6M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003521	+0.325%	$11.7M	$22.4M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003524	+0.399%	$2.8M	$11.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003522	+0.342%	$909K	$3.1M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003525	+0.427%	$10.4M	$8.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003523	+0.373%	$3.0M	$10.4M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003524	+0.399%	$4.5M	$4.0M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003525	+0.427%	—	$4.9M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003509	−0.032%	$327K	$141K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003490	−0.570%	$59K	$703K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003516	+0.171%	$2K	$13K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003511	+0.028%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003514	+0.114%	$100K	$130K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003529	+0.527%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERPlong	+0.0104%	1h	0.000003510	long leg	$4K	—	3x
BloFin 1000BONK-USDT	+0.0115%	4h	0.000003514	+0.114%	$1.0M	$17.9M	75x	as long as short
Lighter 1000BONK	+0.0176%	1h	0.000003529	+0.541%	$247K	$722K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−14.530%	$388	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0320%	1h	0.000003511	+0.028%	$9K	$134K	10x	as long as short
Hyperliquid kBONK	+0.1552%	1h	0.000003531	+0.598%	$11.7M	$6.7M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1597%	1h	0.000003517	+0.199%	$46K	$17K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2642%	1h	0.000003520	+0.280%	$216K	$218K	50x	as long as short