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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.004%
Price spread now: Variational Omni against BloFin−0.057%7-day average −0.099% · 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 3 days (all we have)−0.178%−$18 on $10k
Price spread, last 3 days (all we have)+0.105%+$11 · spread now −0.057%, 7d avg −0.099%
Together, before fees−0.073%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Variational Omni is 0.042% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.099%. Mind the row above: over the last 3 days funding on this pair cost −0.178%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 1000BONK-USDT0.000003361−0.0140get 0.0070% / 4h1h 10m$1.0M$13.4M75x
ShortVariational Omni 1000BONK0.0000033590.0100get 0.0050% / 4h1h 10m$302K$121K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$50.4
Price spread: −0.057% → −0.099%
$4.2
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$42.6
Costs to cover
0.120%
Break-even
1.1 days
Slippage unknown: BloFin: live order book, 3 min ago; Variational Omni: RFQ quote, 8 min ago. 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, 3 min ago2.98 bp16.7 bp −$1728.5 bp −$28575.3 bp −$7,526doesn't fit
Sell Variational Omni RFQ quote, 8 min ago5.96 bpdoesn't fit59.6 bp −$596doesn't fitdoesn't fit

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−0.0248%1h0.000003342−0.565%$42K$22K50xas long as short
BloFin 1000BONK-USDTlong−0.0140%4h0.000003361long leg$1.0M$13.4M75x
Orderly PERP_1000BONK_USDC−0.0085%4h0.0000033610.000%$29K$41K20xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.0047%1h0.000003362+0.030%$2K$110K10xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003362+0.027%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003362+0.040%$12K$3K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.589%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003362+0.031%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003365+0.119%$189K$301K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003363+0.074%$19K$106K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003362+0.023%$64K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003364+0.089%$114K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003362+0.023%$15.2M$51.8M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.0000033610.000%$10.2M$16.7M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003363+0.060%$2.4M$7.7M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003362+0.030%$720K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.0000033610.000%$10.1M$6.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.0000033610.000%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003359−0.060%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.0000033610.000%$6.5Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003364+0.089%$30K$7K10xas long as short
Variational Omni 1000BONKshort+0.0100%4h0.000003359−0.057%$302K$121K
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003362+0.030%$57K$700K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003366+0.149%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003362+0.030%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003372+0.327%$91K$151K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003361−0.006%$22K$2K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003360−0.030%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−10.741%$562100xas long as short
Hyperliquid kBONK+0.0925%1h0.000003370+0.268%$10.1M$7.4M10xas long as short
Kraken Futures PF_BONKUSD+0.0961%1h0.000003369+0.242%$205K$149K50xas long as short