Funding you earn now, next payment 04:00 UTC+0.0807%/8h= +88.4% APRnext payment +$1.01 per $10,000 · paid last 24h +0.115%
Price spread now: Hyperliquid against ApeX Omni+0.506%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.275%+$28 on $10k
+Price spread, last 4 days (all we have)−0.965%−$96 · spread now +0.506%, 7d avg +0.107%
=Together, before fees−0.690%+ Points / potential airdropHyperliquid: Season 2 · farm board−$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 0.399% dearer against ApeX Omni than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.107%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.01 per $10,000. 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 | ApeX Omni 1000BONKUSDT | 0.000003360 | 0.0100 | pay 0.0013% / 1h | 52m 41s | $57K | $706K | 25x |
| Short | Hyperliquid kBONK | 0.000003377 | 0.0907 | get 0.0113% / 1h | 52m 41s | $10.0M | $4.7M | 10x |
ApeX Omni 1000BONKUSDT
Hyperliquid kBONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $169.47
- Price spread: +0.506% → +0.107%
- $39.86
- Slippage, 4 orders
- −$34.19
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $156.13
- Costs to cover
- 0.532%
- Break-even
- 0.6 days
Slippage from ApeX Omni: live order book, 6 min ago; Hyperliquid: live order book, 10 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, 6 min ago | 7.44 bp | 17.2 bp −$17 | 97.9 bp −$979 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.48 bp | 11.0 bp −$11 | 25.4 bp −$254 | 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 | −0.0320% | 1h | 0.000003350 | −0.298% | $43K | $33K | 50x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | −0.0047% | 1h | 0.000003371 | +0.327% | $2K | $110K | 10x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003361 | +0.042% | $12K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003371 | +0.315% | $23 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −2.560% | $3K | $113 | 5.5x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0069% | 4h | 0.000003370 | +0.298% | $29K | $56K | 20x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003370 | +0.310% | $4 | — | 15x | as long as short |
| BloFin 1000BONK-USDT | +0.0089% | 4h | 0.000003374 | +0.417% | $958K | $15.0M | 75x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003368 | +0.238% | $223K | $667K | 10x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003371 | +0.342% | $27K | $96K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
Deribit 1000BONK_USDC-PERPETUAL
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Orderly PERP_1000BONK_USDC
Reya kBONKRUSDPERP
BloFin 1000BONK-USDT
Lighter 1000BONK
Nado kBONK-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003371 | +0.326% | $78K | $250K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003368 | +0.238% | $113K | $104K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003368 | +0.239% | $16.1M | $58.0M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003359 | −0.030% | $10.7M | $18.2M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003362 | +0.060% | $2.5M | $8.6M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003371 | +0.327% | $813K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003360 | 0.000% | $9.3M | $7.1M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003370 | +0.286% | $2.6M | $9.7M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003367 | +0.208% | $4.3M | $3.0M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003371 | +0.327% | — | $4.8M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003372 | +0.355% | $307K | $133K | — | as long as short |
| ApeX Omni 1000BONKUSDTlong | +0.0100% | 1h | 0.000003360 | long leg | $57K | $706K | 25x | |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003376 | +0.476% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003373 | +0.387% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003371 | +0.327% | $95K | $119K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003371 | +0.315% | $22K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003369 | +0.268% | $4K | — | 3x | as long as short |
| Backpack kBONK_USDC_PERP | +0.0176% | 1h | 0.000003375 | +0.446% | $30K | $7K | 10x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −10.714% | $564 | — | 100x | as long as short |
| Hyperliquid kBONKshort | +0.0907% | 1h | 0.000003377 | +0.506% | $10.0M | $4.7M | 10x | |
| Kraken Futures PF_BONKUSD | +0.2494% | 1h | 0.000003380 | +0.594% | $218K | $174K | 50x | as long as short |
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Variational Omni 1000BONK
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
Backpack kBONK_USDC_PERP
GMX BONK/USD [ETH-USDC]
Kraken Futures PF_BONKUSD