Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0105%/8h= −11.5% APRnext payment $0.13 per $10,000 · paid last 24h −0.024%
Price spread now: gTrade (Gains Network) against Extended+0.173%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.173% dearer against Extended than usual: you sell high and buy low (spread +0.173% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000BONK-USD0.0000034950.0104pay 0.0013% / 1h59m 48s$23K$4K25x
ShortgTrade (Gains Network) BONK/USD0.000003501L +0.0001% / S +0.0001%pay 0.0000% / 1h59m 48s$24150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$22.01
Price spread: +0.173% → 0.000%
$17.29
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$19.71
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Extended: no order-book sample; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell gTrade (Gains Network) no order-book sample
Extended and gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0312%1h0.000003503+0.242%$43K$46K50xas long as short
dYdX BONK-USD0.0000%1h0.000003508+0.396%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDshortL +0.0001% / S +0.0001%1h0.000003501+0.173%$24150x
Injective BONK/USDC PERP+0.0033%1h0.000003274−6.311%$3K$1135.5xas long as short
BloFin 1000BONK-USDT+0.0048%4h0.000003501+0.184%$1.0M$17.2M75xas long as short
Orderly PERP_1000BONK_USDC+0.0083%4h0.000003501+0.184%$30K$53K20xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003498+0.111%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003506+0.342%$42K$114K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003502+0.220%$66K$299K10xas long as short
Pacifica kBONK+0.0100%1h0.000003510+0.442%$121K$113K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003497+0.079%$17.7M$69.0M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003499+0.119%$11.6M$21.3M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003502+0.213%$2.6M$10.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003495+0.013%$912K$3.0M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003496+0.041%$9.5M$7.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003495−0.002%$3.0M$10.2M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003498+0.099%$4.5M$3.7M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003493−0.045%$4.8Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003491−0.091%$325K$140Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003560+1.873%$60K$708K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003511+0.471%$2K$13K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003506+0.327%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003516+0.614%$100K$130K30xas long as short
Extended 1000BONK-USDlong+0.0104%1h0.000003495long leg$23K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003498+0.099%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0194% / S −0.2801%1h0.000003000−14.152%$386100xas long as short
Lighter 1000BONK+0.0200%1h0.000003501+0.184%$246K$702K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0607%1h0.000003505+0.299%$9K$133K10xas long as short
Hyperliquid kBONK+0.1500%1h0.000003509+0.413%$11.6M$6.0M10xas long as short
Backpack kBONK_USDC_PERP+0.1553%1h0.000003510+0.442%$48K$16K10xas long as short
Kraken Futures PF_BONKUSD+0.2391%1h0.000003512+0.485%$224K$203K50xas long as short