Funding arb · Price arb /

BONK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Aster+0.082%7-day average +0.128% · you sell dearer than you buy

Net, funding: paid 7d − costs−$255as in the Funding arb table

Net, price: spread back to 7d avg − costs−$265as in the Price arb table

costs, in and out, $10k−$2612.606% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)−0.354%−$35 · spread now +0.082%, 7d avg +0.128%

Together, before fees−0.295%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.047% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.128%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 1000BONKUSDT	0.000003468	0.0100	pay 0.0050% / 4h	3h 56m	$80K	$251K	10x
Short	HTX BONK-USDT	0.000003471	0.0100	get 0.0050% / 4h	3h 56m	$98K	$120K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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 AsterbpFee HTXbpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → +0.128%: −$4.67
Slippage, 4 orders: −$240.59
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$265.26
Costs to cover: 2.606%
Break-even: never at this rate

Slippage from Aster: live order book, 60 min ago; HTX: live order book, 59 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 Aster live order book, 60 min ago	8.88 bp	37.9 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 59 min ago	32.56 bp	41.5 bp −$42	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	−0.0312%	1h	0.000003467	−0.034%	$43K	$36K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003463	−0.139%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003462	−0.163%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−5.599%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0080%	4h	0.000003462	−0.178%	$30K	$55K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003460	−0.223%	$4	—	15x	as long as short
BloFin 1000BONK-USDT	+0.0090%	4h	0.000003466	−0.063%	$975K	$15.9M	75x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003469	+0.024%	$226K	$671K	10x	as long as short
Aster 1000BONKUSDTlong	+0.0100%	4h	0.000003468	long leg	$80K	$251K	10x
Pacifica kBONK	+0.0100%	1h	0.000003466	−0.063%	$116K	$108K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000BONKUSDT	+0.0100%	4h	0.000003468	−0.009%	$16.8M	$60.5M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003462	−0.192%	$11.2M	$19.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003466	−0.063%	$2.6M	$9.3M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003462	−0.178%	$839K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003462	−0.178%	$9.1M	$7.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003466	−0.057%	$2.6M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003464	−0.120%	$4.4M	$3.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003467	−0.034%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003464	−0.123%	$316K	$133K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003461	−0.207%	$58K	$704K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003461	−0.192%	$34K	$102K	10x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003472	+0.110%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003466	−0.063%	$2K	$7K	10x	as long as short
HTX BONK-USDTshort	+0.0100%	4h	0.000003471	+0.082%	$98K	$120K	30x
Extended 1000BONK-USD	+0.0104%	1h	0.000003462	−0.190%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003462	−0.178%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−13.499%	$578	—	100x	as long as short
Backpack kBONK_USDC_PERP	+0.0460%	1h	0.000003469	+0.024%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0601%	1h	0.000003473	+0.139%	$10.2M	$4.9M	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0616%	1h	0.000003467	−0.034%	$6K	$123K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2415%	1h	0.000003478	+0.272%	$225K	$177K	50x	as long as short