BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.131%

Price spread now: Nado against Coinbase International−0.043%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.043% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International 1000BONK-PERP-INTX	0.000003500	−0.0024	get 0.0003% / 1h	10m 04s	$45K	$85K	50x
Short	Nado kBONK-PERP	0.000003498	0.0100	get 0.0012% / 1h	10m 04s	$67K	$140K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee NadobpOrdersPrice spread, now −0.043%Rate

Funding earned: $26.04
Price spread: −0.043% → 0.000%: −$4.29
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $4.75
Costs to cover: 0.170%
Break-even: 5.7 days

Slippage unknown: Coinbase International: no order-book sample; Nado: live order book, 58 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 Nado live order book, 58 min ago	2.83 bp	16.7 bp −$17	doesn't fit	doesn't fit	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	−0.0024%	1h	0.000003500	long leg	$45K	$85K	50x
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003482	−0.506%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.457%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003486	−0.402%	$4	—	15x	as long as short
Nado kBONK-PERPshort	+0.0100%	1h	0.000003498	−0.043%	$67K	$140K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003502	+0.069%	$48K	$292K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003495	−0.143%	$116K	$162K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003498	−0.063%	$18.1M	$91.0M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003497	−0.074%	$12.5M	$27.5M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003494	−0.171%	$3.1M	$15.3M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BONK_USDT	+0.0100%	4h	0.000003499	−0.029%	$925K	$3.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003501	+0.029%	$11.4M	$10.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003499	−0.029%	$2.9M	$11.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003494	−0.171%	$4.5M	$5.4M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003498	−0.057%	—	$5.1M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003486	−0.402%	$339K	$119K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003476	−0.686%	$59K	$698K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003498	−0.057%	$30K	$51K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003506	+0.171%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003500	0.000%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003502	+0.057%	$100K	$137K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003495	−0.155%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003498	−0.057%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0110%	4h	0.000003487	−0.371%	$1.1M	$19.9M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−14.286%	$534	—	100x	as long as short
Lighter 1000BONK	+0.0272%	1h	0.000003503	+0.086%	$246K	$774K	10x	as long as short
dYdX BONK-USD	+0.0410%	1h	0.000003494	−0.160%	$13K	$10K	10x	as long as short
Hyperliquid kBONK	+0.0593%	1h	0.000003502	+0.057%	$11.9M	$8.4M	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0894%	1h	0.000003501	+0.029%	$24K	$162K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1633%	1h	0.000003506	+0.171%	$54K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2963%	1h	0.000003503	+0.099%	$178K	$273K	50x	as long as short