BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1410%/8h= +154.3% APRnext payment +$1.76 per $10,000 · paid last 24h +0.016%

Price spread now: Backpack against Extended+0.266%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Backpack is 0.266% dearer against Extended than usual: you sell high and buy low: +$27 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	Extended 1000BONK-USD	0.000003584	0.0104	pay 0.0013% / 1h	13m 13s	$23K	$4K	25x
Short	Backpack kBONK_USDC_PERP	0.000003594	0.1514	get 0.0189% / 1h	13m 13s	$49K	$16K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Extended. 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 ExtendedbpFee BackpackbpOrdersPrice spread, now +0.266%Rate

Funding earned: $296
Price spread: +0.266% → 0.000%: $26.56
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Backpack: 5 bp × 2 orders: −$10
Net: $307.56
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Extended: no order-book sample; Backpack: 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 Extended no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

Extended and Backpack: 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-INTX	−0.0312%	1h	0.000003581	−0.097%	$45K	$42K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003580	−0.125%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003581	−0.083%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−8.662%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0082%	4h	0.000003581	−0.097%	$31K	$54K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003578	−0.183%	$4	—	15x	as long as short
BloFin 1000BONK-USDT	+0.0088%	4h	0.000003580	−0.125%	$1.0M	$17.1M	75x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003576	−0.237%	$43K	$110K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003585	+0.015%	$83K	$259K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003581	−0.097%	$122K	$110K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000BONKUSDT	+0.0100%	4h	0.000003585	+0.002%	$18.1M	$65.3M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003582	−0.080%	$11.7M	$20.3M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003587	+0.070%	$2.7M	$10.5M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003583	−0.041%	$904K	$2.8M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003584	−0.013%	$10.0M	$7.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003583	−0.033%	$3.1M	$10.1M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003582	−0.069%	$4.6M	$3.4M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003584	−0.013%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003540	−1.230%	$328K	$140K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003531	−1.492%	$59K	$706K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003593	+0.238%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003588	+0.098%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003590	+0.154%	$102K	$121K	30x	as long as short
Extended 1000BONK-USDlong	+0.0104%	1h	0.000003584	long leg	$23K	$4K	25x
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003580	−0.125%	$4K	—	3x	as long as short
Lighter 1000BONK	+0.0192%	1h	0.000003589	+0.126%	$250K	$695K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−16.306%	$395	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0587%	1h	0.000003587	+0.070%	$6K	$123K	10x	as long as short
Hyperliquid kBONK	+0.0937%	1h	0.000003595	+0.294%	$11.9M	$5.8M	10x	as long as short
Backpack kBONK_USDC_PERPshort	+0.1514%	1h	0.000003594	+0.266%	$49K	$16K	10x
Kraken Futures PF_BONKUSD	+0.2336%	1h	0.000003595	+0.291%	$229K	$176K	50x	as long as short