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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.022%
Price spread now: SunX against BloFin−0.659%55s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SunX is 0.659% cheaper against BloFin than usual: you would sell low and buy high (spread −0.659% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$66 on $10k: about 2 months of funding at the current rate (+$1 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 1000BONK-USDT0.0000036400.0069pay 0.0035% / 4h1h 32m$1.1M$19.3M75x
ShortSunX BONK-USDT0.0000036160.0100get 0.0050% / 4h1h 32m$2K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$6.42
Price spread: −0.659% → 0.000%
−$65.93
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$79.51
Costs to cover
0.200%
Break-even
93.6 days
Slippage unknown: BloFin: live order book, 7 min ago; SunX: 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 BloFin live order book, 7 min ago8.15 bp21.8 bp −$2229.6 bp −$29699.7 bp −$9,973doesn't fit
Sell SunX no order-book sample
SunX: 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−0.0016%1h0.000003596−1.209%$45K$61K50xas long as short
dYdX BONK-USD0.0000%1h0.000003610−0.824%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003606−0.929%$25150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−10.055%$3K$1135.5xas long as short
BloFin 1000BONK-USDTlong+0.0069%4h0.000003640long leg$1.1M$19.3M75x
Reya kBONKRUSDPERP+0.0083%1h0.000003605−0.963%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003604−0.989%$55K$123K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003608−0.866%$60K$303K10xas long as short
Pacifica kBONK+0.0100%1h0.000003608−0.879%$120K$134K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003609−0.859%$18.6M$79.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000BONKUSDT+0.0100%4h0.000003608−0.885%$12.5M$24.5M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003609−0.852%$3.0M$13.5M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003609−0.852%$958K$3.4M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003610−0.824%$12.2M$9.1M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003609−0.846%$2.9M$10.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003603−1.016%$4.6M$4.6M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003609−0.852%$5.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003644+0.106%$345K$146Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003700+1.648%$62K$706K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003608−0.879%$31K$52K20xas long as short
SunX BONK-USDTshort+0.0100%4h0.000003616−0.659%$2K$14K20x
SoDEX 1000BONK-USD+0.0100%1h0.000003611−0.797%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003605−0.962%$102K$131K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003608−0.889%$24K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003607−0.907%$4K3xas long as short
Lighter 1000BONK+0.0168%1h0.000003616−0.659%$252K$746K10xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−17.582%$551100xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0304%1h0.000003611−0.797%$25K$165K10xas long as short
Hyperliquid kBONK+0.1232%1h0.000003616−0.659%$12.4M$7.8M10xas long as short
Backpack kBONK_USDC_PERP+0.1765%1h0.000003614−0.714%$56K$23K10xas long as short
Kraken Futures PF_BONKUSD+0.2981%1h0.000003622−0.497%$223K$221K50xas long as short