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

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.1335%/8h= +146.2% APRpaid last 24h −0.022%
Price spread now: dYdX against Bitget+0.005%53s7-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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$40 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 1000BONKUSDT0.0000034550.0100pay 0.0050% / 4h1h 58m$4.4M$5.2M75x
ShortdYdX BONK-USD0.0000034550.1435get 0.0179% / 1h58m 47s$13K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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
$280.3
Price spread: +0.005% → 0.000%
$0.49
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
$258.8
Costs to cover
0.220%
Break-even
0.5 days
Slippage unknown: Bitget: live order book, 2 min ago; dYdX: 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 Bitget live order book, 2 min ago4.34 bp20.8 bp −$2139.3 bp −$393doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 exchanges

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−0.0056%1h0.000003453−0.058%$45K$91K50xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003454−0.017%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−5.239%$3K$575.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003451−0.111%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003460+0.145%$245K$735K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003451−0.101%$68K$133K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003458+0.098%$47K$218K10xas long as short
Pacifica kBONK+0.0100%1h0.000003457+0.058%$115K$150K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003458+0.084%$17.7M$89.5M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003456+0.017%$12.2M$26.3M50xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BONK-USDT-SWAP+0.0100%8h0.000003452−0.087%$3.0M$14.7M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003456+0.029%$919K$3.3M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003458+0.087%$10.9M$10.5M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003458+0.084%$2.9M$10.7M75xas long as short
Bitget 1000BONKUSDTlong+0.0100%4h0.000003455long leg$4.4M$5.2M75x
BingX 1000BONK-USDT+0.0100%4h0.000003456+0.029%$5.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003452−0.081%$335K$126Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003457+0.058%$58K$694K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003456+0.029%$29K$47K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003459+0.116%$2K$14K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003453−0.058%$2K$10K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003461+0.174%$99K$138K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003454−0.019%$22K$5K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003457+0.058%$4K3xas long as short
BloFin 1000BONK-USDT+0.0149%4h0.000003456+0.029%$1.1M$19.7M75xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−13.169%$527100xas long as short
Hyperliquid kBONK+0.0614%1h0.000003462+0.203%$11.8M$8.3M10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0619%1h0.0000034550.000%$24K$162K10xas long as short
Backpack kBONK_USDC_PERP+0.0954%1h0.000003457+0.058%$54K$25K10xas long as short
dYdX BONK-USDshort+0.1435%1h0.000003455+0.005%$13K$12K10x
Kraken Futures PF_BONKUSD+0.1644%1h0.000003458+0.097%$176K$253K50xas long as short