BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.012%

Price spread now: Aster against BloFin+0.006%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$800.800% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.258%−$26 on $10k

Price spread, last 4 days (all we have)+0.267%+$27 · spread now +0.006%, 7d avg +0.014%

Together, before fees+0.009%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin 1000BONK-USDT	0.000003464	0.0136	pay 0.0068% / 4h	0m 52s	$974K	$15.8M	75x
Short	Aster 1000BONKUSDT	0.000003464	0.0100	get 0.0050% / 4h	0m 52s	$80K	$251K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$7.49
Price spread: +0.006% → +0.014%: −$0.74
Slippage, 4 orders: −$60.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$88.25
Costs to cover: 0.800%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Aster: live order book, 56 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 BloFin live order book, 3 min ago	1.45 bp	10.4 bp −$10	12.4 bp −$124	95.3 bp −$9,529	doesn't fit
Sell Aster live order book, 56 min ago	8.88 bp	21.1 bp −$21	307.6 bp −$3,076	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	0.000003472	+0.231%	$43K	$36K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003471	+0.212%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003464	−0.012%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−5.485%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0077%	4h	0.000003461	−0.087%	$30K	$55K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003463	−0.016%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003468	+0.115%	$227K	$674K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003466	+0.072%	$32K	$101K	10x	as long as short
Aster 1000BONKUSDTshort	+0.0100%	4h	0.000003464	+0.006%	$80K	$251K	10x
Pacifica kBONK	+0.0100%	1h	0.000003472	+0.231%	$116K	$109K	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	0.000003464	−0.003%	$16.7M	$60.3M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003463	−0.029%	$11.3M	$19.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003468	+0.115%	$2.5M	$9.3M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003464	0.000%	$839K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003462	−0.058%	$9.1M	$7.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003464	+0.003%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003461	−0.087%	$4.4M	$3.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003465	+0.029%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003464	−0.003%	$316K	$133K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003454	−0.289%	$58K	$704K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003467	+0.087%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003463	−0.029%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003480	+0.462%	$99K	$120K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003466	+0.045%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003461	−0.087%	$4K	—	3x	as long as short
BloFin 1000BONK-USDTlong	+0.0136%	4h	0.000003464	long leg	$974K	$15.8M	75x
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−13.395%	$579	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0328%	1h	0.000003464	0.000%	$6K	$123K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.0365%	1h	0.000003465	+0.029%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0771%	1h	0.000003470	+0.173%	$10.2M	$4.9M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2426%	1h	0.000003475	+0.315%	$224K	$177K	50x	as long as short