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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0017%/8h= −1.9% APRnext payment $0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Reya against ApeX Omni+0.286%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Reya is 0.286% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.286% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 56 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000BONKUSDT0.0000034810.0100pay 0.0013% / 1h38m 47s$59K$700K25x
ShortReya kBONKRUSDPERP0.0000034910.0083get 0.0010% / 1h38m 47s$415x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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

Funding earned
−$3.6
Price spread: +0.286% → 0.000%
$28.59
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$8.99
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 60 min ago; Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 60 min ago7.02 bp14.4 bp −$1498.7 bp −$987doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0024%1h0.000003477−0.115%$42K$68K50xas long as short
dYdX BONK-USD0.0000%1h0.000003490+0.270%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003489+0.221%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−5.947%$3K$1135.5xas long as short
Reya kBONKRUSDPERPshort+0.0083%1h0.000003491+0.286%$415x
Nado kBONK-PERP+0.0100%1h0.000003489+0.230%$69K$139K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003493+0.331%$47K$332K10xas long as short
Pacifica kBONK+0.0100%1h0.000003487+0.172%$116K$163K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003488+0.201%$18.0M$89.5M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003487+0.172%$12.4M$27.2M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BONK-USDT-SWAP+0.0100%8h0.000003489+0.230%$3.0M$15.0M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003486+0.144%$922K$3.5M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003489+0.230%$11.4M$10.0M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003488+0.201%$3.0M$11.0M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003488+0.201%$4.5M$5.4M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003486+0.144%$5.1Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003476−0.146%$327K$99Kas long as short
ApeX Omni 1000BONKUSDTlong+0.0100%1h0.000003481long leg$59K$700K25x
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003489+0.230%$30K$51K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003496+0.431%$2K$15K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003490+0.259%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003501+0.575%$99K$134K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003483+0.046%$22K$5K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003488+0.201%$4K3xas long as short
BloFin 1000BONK-USDT+0.0118%4h0.000003491+0.287%$1.1M$20.1M75xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−13.818%$533100xas long as short
Lighter 1000BONK+0.0272%1h0.000003490+0.259%$245K$759K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0323%1h0.000003492+0.316%$34K$164K10xas long as short
Hyperliquid kBONK+0.0602%1h0.000003490+0.259%$11.9M$8.2M10xas long as short
Backpack kBONK_USDC_PERP+0.1835%1h0.000003495+0.402%$54K$23K10xas long as short
Kraken Futures PF_BONKUSD+0.2968%1h0.000003498+0.489%$178K$272K50xas long as short