BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0225%/8h= +24.6% APRnext payment +$0.28 per $10,000 · paid last 24h −0.038%

Price spread now: Deribit against ApeX Omni−0.143%74s7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$540.538% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.474%−$47 on $10k

Price spread, last 4 days (all we have)−0.625%−$63 · spread now −0.143%, 7d avg −0.008%

Together, before fees−1.099%−$110 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.136% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.143% now, against its 7-day average of −0.008%). If the spread goes back, that is −$14 on $10k: about 2.0 days of funding at the current rate (+$7 a day). Mind the row above: over the last 6 days funding on this pair cost −0.474%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni 1000BONKUSDT	0.000003486	0.0100	pay 0.0013% / 1h	12m 27s	$59K	$698K	25x
Short	Deribit 1000BONK_USDC-PERPETUAL	0.000003481	0.0325	get 0.0041% / 1h	12m 27s	$24K	$162K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against ApeX Omni. 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 ApeX OmnibpFee DeribitbpOrdersPrice spread, now −0.143%Rate

Funding earned: $47.22
Price spread: −0.143% → −0.008%: −$13.58
Slippage, 4 orders: −$36.85
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$20.2
Costs to cover: 0.538%
Break-even: 10.0 days

Slippage from ApeX Omni: live order book, 21 min ago; Deribit: live order book, 51 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 ApeX Omni live order book, 21 min ago	7.20 bp	14.8 bp −$15	108.6 bp −$1,086	doesn't fit	doesn't fit
Sell Deribit live order book, 51 min ago	8.52 bp	12.0 bp −$12	doesn't fit	doesn't fit	doesn't fit

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-INTX	−0.0024%	1h	0.000003430	−1.606%	$43K	$81K	50x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003477	−0.250%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.081%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003473	−0.375%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003475	−0.316%	$66K	$140K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003480	−0.172%	$48K	$295K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003477	−0.258%	$115K	$162K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003479	−0.210%	$18.0M	$90.9M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003480	−0.181%	$12.4M	$27.5M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003480	−0.172%	$3.0M	$15.2M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BONK_USDT	+0.0100%	4h	0.000003477	−0.258%	$920K	$3.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003479	−0.201%	$11.3M	$10.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003478	−0.224%	$2.9M	$11.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003477	−0.258%	$4.5M	$5.4M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003480	−0.172%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003484	−0.043%	$335K	$115K	—	as long as short
ApeX Omni 1000BONKUSDTlong	+0.0100%	1h	0.000003486	long leg	$59K	$698K	25x
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003479	−0.201%	$30K	$51K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003485	−0.029%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003480	−0.172%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003480	−0.172%	$99K	$137K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003480	−0.182%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003478	−0.229%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0125%	4h	0.000003478	−0.229%	$1.0M	$19.9M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−13.941%	$531	—	100x	as long as short
Lighter 1000BONK	+0.0280%	1h	0.000003479	−0.201%	$245K	$773K	10x	as long as short
dYdX BONK-USD	+0.0282%	1h	0.000003475	−0.303%	$13K	$10K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUALshort	+0.0325%	1h	0.000003481	−0.143%	$24K	$162K	10x
Hyperliquid kBONK	+0.0587%	1h	0.000003482	−0.115%	$11.9M	$8.3M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1620%	1h	0.000003482	−0.115%	$54K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2978%	1h	0.000003486	+0.010%	$177K	$273K	50x	as long as short