Funding you earn now, next payment 22:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.169%
Price spread now: Binance against Coinbase International+1.250%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 1.250% dearer against Coinbase International than usual: you sell high and buy low: +$125 more if the spread 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 | Coinbase International 1000BONK-PERP-INTX | 0.000003327 | −0.0248 | get 0.0031% / 1h | 42m 55s | $42K | $22K | 50x |
| Short | Binance 1000BONKUSDT | 0.000003369 | 0.0100 | get 0.0050% / 4h | 1h 42m | $15.2M | $51.3M | 75x |
Coinbase International 1000BONK-PERP-INTX
Binance 1000BONKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $73.08
- Price spread: +1.250% → 0.000%
- $125.01
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $178.09
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 14 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 1.49 bp | 12.9 bp −$13 | 31.4 bp −$314 | 120.5 bp −$12.0K | doesn't fit |
Coinbase International: 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-INTXlong | −0.0248% | 1h | 0.000003327 | long leg | $42K | $22K | 50x | |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003364 | +1.112% | $1.0M | $13.2M | 75x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0071% | 4h | 0.000003359 | +0.962% | $29K | $41K | 20x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | −0.0047% | 1h | 0.000003361 | +1.022% | $2K | $110K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L 0.0000% / S +0.0001% | 1h | 0.000003360 | +0.980% | $1K | — | 150x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003363 | +1.072% | $12K | $3K | 10x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −1.593% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003360 | +0.999% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003363 | +1.082% | $195K | $294K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003364 | +1.111% | $65K | $251K | 10x | as long as short |
BloFin 1000BONK-USDT
Orderly PERP_1000BONK_USDC
Deribit 1000BONK_USDC-PERPETUAL
gTrade (Gains Network) BONK/USD
dYdX BONK-USD
Injective BONK/USDC PERP
Reya kBONKRUSDPERP
Lighter 1000BONK
Aster 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kBONK | +0.0100% | 1h | 0.000003363 | +1.082% | $115K | $122K | 10x | as long as short |
| Binance 1000BONKUSDTshort | +0.0100% | 4h | 0.000003369 | +1.250% | $15.2M | $51.3M | 75x | |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003367 | +1.214% | $10.2M | $16.6M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003367 | +1.202% | $2.4M | $7.7M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003365 | +1.142% | $748K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003368 | +1.232% | $10.1M | $6.5M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003362 | +1.064% | $2.7M | $9.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003366 | +1.172% | $4.2M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003363 | +1.082% | — | $6.5M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003365 | +1.142% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003349 | +0.652% | $301K | $102K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003356 | +0.872% | $57K | $698K | 25x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003362 | +1.067% | $19K | $106K | 10x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003366 | +1.172% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003361 | +1.022% | $2K | $6K | 10x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003365 | +1.155% | $22K | $2K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003358 | +0.932% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.4340% | 1h | 0.000003000 | −9.829% | $562 | — | 100x | as long as short |
| HTX BONK-USDT | +0.0234% | 4h | 0.000003375 | +1.443% | $88K | $144K | 30x | as long as short |
| Hyperliquid kBONK | +0.0874% | 1h | 0.000003371 | +1.323% | $10.0M | $7.3M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.0962% | 1h | 0.000003366 | +1.167% | $204K | $149K | 50x | as long as short |
Pacifica kBONK
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Nado kBONK-PERP
SunX BONK-USDT
SoDEX 1000BONK-USD
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
HTX BONK-USDT
Hyperliquid kBONK
Kraken Futures PF_BONKUSD