BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0456%/8h= −49.9% APRnext payment −$0.57 per $10,000 · paid last 24h −0.149%

Price spread now: Coinbase International against dYdX+0.045%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Coinbase International

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—needs both histories

The price spread pays, funding is against you. Coinbase International is 0.045% dearer against dYdX than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BONK-USD	0.000003364	0	get 0.0000% / 1h	1m 31s	$12K	$3K	10x
Short	Coinbase International 1000BONK-PERP-INTX	0.000003366	−0.0456	pay 0.0057% / 1h	1m 31s	$43K	$22K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$95.76
Price spread: +0.045% → 0.000%: $4.47
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$111.29
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Coinbase International: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

dYdX and 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-INTXshort	−0.0456%	1h	0.000003366	+0.045%	$43K	$22K	50x
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003365	+0.015%	$1.0M	$13.9M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0062%	4h	0.000003364	−0.015%	$29K	$40K	20x	as long as short
gTrade (Gains Network) BONK/USD	L 0.0000% / S +0.0001%	1h	0.000003365	+0.012%	$1K	—	150x	as long as short
dYdX BONK-USDlong	0.0000%	1h	0.000003364	long leg	$12K	$3K	10x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−2.690%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003370	+0.150%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003370	+0.164%	$223K	$335K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003369	+0.149%	$19K	$106K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003368	+0.118%	$65K	$251K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003367	+0.074%	$114K	$123K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003369	+0.131%	$15.3M	$52.8M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003376	+0.342%	$10.3M	$16.9M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003371	+0.193%	$2.4M	$7.9M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003365	+0.015%	$720K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003374	+0.282%	$10.0M	$6.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003368	+0.095%	$2.7M	$9.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003367	+0.074%	$4.2M	$3.1M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003367	+0.074%	—	$6.5M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003367	+0.074%	$30K	$7K	10x	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003349	−0.459%	$301K	$119K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003368	+0.104%	$57K	$702K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003370	+0.164%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003365	+0.015%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003369	+0.134%	$92K	$153K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003364	−0.019%	$22K	$3K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003364	−0.015%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.4340%	1h	0.000003000	−10.834%	$562	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0344%	1h	0.000003367	+0.074%	$2K	$110K	10x	as long as short
Hyperliquid kBONK	+0.1142%	1h	0.000003375	+0.312%	$9.9M	$7.5M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1453%	1h	0.000003373	+0.250%	$206K	$153K	50x	as long as short