BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.072%

Price spread now: Orderly against Bitget+0.229%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.575%−$57 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.229% dearer against Bitget than usual: you sell high and buy low, +$23 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget 1000BONKUSDT	0.000003499	0.0100	pay 0.0050% / 4h	2h 40m	$4.5M	$3.9M	75x
Short	Orderly PERP_1000BONK_USDC	0.000003507	0.0091	get 0.0046% / 4h	2h 40m	$30K	$53K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee BitgetbpFee OrderlybpOrdersPrice spread, now +0.229%Rate

Funding earned: −$1.8
Price spread: +0.229% → 0.000%: $22.86
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $3.07
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Bitget: live order book, 3 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	4.26 bp	15.4 bp −$15	36.1 bp −$361	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International 1000BONK-PERP-INTX	−0.0136%	1h	0.000003479	−0.572%	$43K	$47K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003481	−0.504%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003501	+0.051%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.430%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0081%	4h	0.000003499	0.000%	$1.0M	$17.6M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003496	−0.086%	$4	—	15x	as long as short
Orderly PERP_1000BONK_USDCshort	+0.0091%	4h	0.000003507	+0.229%	$30K	$53K	20x
Lighter 1000BONK	+0.0096%	1h	0.000003509	+0.286%	$248K	$707K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003497	−0.043%	$42K	$114K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003504	+0.142%	$59K	$299K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003487	−0.343%	$118K	$122K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003504	+0.151%	$17.8M	$70.8M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003498	−0.029%	$11.5M	$22.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003500	+0.029%	$2.7M	$11.4M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003503	+0.114%	$927K	$3.1M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003500	+0.029%	$9.8M	$8.0M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003507	+0.220%	$3.0M	$10.3M	75x	as long as short
Bitget 1000BONKUSDTlong	+0.0100%	4h	0.000003499	long leg	$4.5M	$3.9M	75x
BingX 1000BONK-USDT	+0.0100%	4h	0.000003502	+0.086%	—	$4.8M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003496	−0.087%	$328K	$141K	—	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003507	+0.229%	$2K	$13K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003505	+0.171%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003508	+0.257%	$100K	$130K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003503	+0.118%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003502	+0.086%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−14.261%	$386	—	100x	as long as short
ApeX Omni 1000BONKUSDT	+0.0531%	1h	0.000003523	+0.686%	$59K	$705K	25x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0606%	1h	0.000003509	+0.286%	$9K	$134K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1637%	1h	0.000003510	+0.314%	$46K	$17K	10x	as long as short
Hyperliquid kBONK	+0.1670%	1h	0.000003511	+0.343%	$11.8M	$6.5M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2650%	1h	0.000003509	+0.298%	$215K	$218K	50x	as long as short