BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.153%

Price spread now: Pacifica against Coinbase International+0.607%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Pacifica

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 days—no price history on both exchanges yet

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.607% dearer against Coinbase International than usual: you sell high and buy low: +$61 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	0.000003623	−0.0016	get 0.0002% / 1h	44m 44s	$44K	$53K	50x
Short	Pacifica kBONK	0.000003645	0.0100	get 0.0013% / 1h	44m 44s	$121K	$133K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.607%Rate

Funding earned: $24.36
Price spread: +0.607% → 0.000%: $60.72
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $67.08
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Pacifica: live order book, 63 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 Pacifica live order book, 63 min ago	4.27 bp	13.5 bp −$13	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	−0.0016%	1h	0.000003623	long leg	$44K	$53K	50x
dYdX BONK-USD	0.0000%	1h	0.000003644	+0.587%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003641	+0.500%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−9.633%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003643	+0.564%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003636	+0.373%	$53K	$121K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003641	+0.495%	$61K	$301K	10x	as long as short
Pacifica kBONKshort	+0.0100%	1h	0.000003645	+0.607%	$121K	$133K	10x
Binance 1000BONKUSDT	+0.0100%	4h	0.000003645	+0.611%	$18.8M	$77.2M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003640	+0.469%	$12.3M	$23.8M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003646	+0.635%	$3.0M	$13.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003639	+0.442%	$1.0M	$3.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003644	+0.580%	$11.6M	$8.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003642	+0.524%	$3.0M	$10.7M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003642	+0.524%	$4.6M	$4.4M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003638	+0.414%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003623	+0.010%	$339K	$146K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003636	+0.359%	$61K	$705K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003642	+0.524%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003649	+0.718%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003644	+0.580%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003635	+0.331%	$103K	$131K	30x	as long as short
BloFin 1000BONK-USDT	+0.0104%	4h	0.000003644	+0.580%	$1.1M	$19.1M	75x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003642	+0.516%	$24K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003638	+0.414%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−17.196%	$401	—	100x	as long as short
Lighter 1000BONK	+0.0208%	1h	0.000003642	+0.524%	$254K	$738K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0574%	1h	0.000003644	+0.580%	$20K	$155K	10x	as long as short
Hyperliquid kBONK	+0.1176%	1h	0.000003647	+0.662%	$12.1M	$7.3M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1580%	1h	0.000003653	+0.828%	$56K	$24K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2956%	1h	0.000003653	+0.829%	$225K	$219K	50x	as long as short