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+0.4236%/8h= +463.8% APRnext payment +$5.29 per $10,000 · paid last 24h +0.564%
Price spread now: GMX against Extended−13.258%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 13.258% cheaper against Extended than usual: you would sell low and buy high (spread −13.258% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,326 on $10k: about 10 days of funding at the current rate (+$127 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000BONK-USD0.0000034590.0104pay 0.0013% / 1h57m 31s$23K$4K25x
ShortGMX BONK/USD [ETH-USDC]0.000003000L +0.0197% / S −0.4340%get 0.0542% / 1h57m 31s$577100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$889.53
Price spread: −13.258% → 0.000%
−$1,325.82
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$453.29
Costs to cover
0.170%
Break-even
10.6 days
Slippage unknown: Extended: no order-book sample; GMX: 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 GMX no order-book sample
Extended and GMX: 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%1h0.000003457−0.045%$43K$36K50xas long as short
dYdX BONK-USD0.0000%1h0.000003463+0.141%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003456−0.085%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−5.336%$3K$1135.5xas long as short
Orderly PERP_1000BONK_USDC+0.0079%4h0.000003459+0.013%$30K$55K20xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003460+0.055%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003469+0.302%$226K$671K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003462+0.106%$80K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003463+0.129%$115K$108K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003459+0.019%$16.7M$60.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000BONKUSDT+0.0100%4h0.000003461+0.083%$11.3M$19.1M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003462+0.100%$2.5M$9.3M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003461+0.071%$839K$2.7M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003465+0.187%$9.1M$7.2M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003463+0.143%$2.7M$9.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003460+0.042%$4.4M$3.2M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003464+0.158%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003464+0.155%$316K$133Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003461+0.071%$58K$704K25xas long as short
Nado kBONK-PERP+0.0100%1h0.000003461+0.086%$34K$102K10xas long as short
SunX BONK-USDT+0.0100%4h0.000003465+0.187%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003462+0.100%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003464+0.158%$98K$120K30xas long as short
Extended 1000BONK-USDlong+0.0104%1h0.000003459long leg$23K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003459+0.013%$4K3xas long as short
BloFin 1000BONK-USDT+0.0112%4h0.000003456−0.073%$972K$15.8M75xas long as short
GMX BONK/USD [ETH-USDC]shortL +0.0197% / S −0.4340%1h0.000003000−13.258%$577100x
Backpack kBONK_USDC_PERP+0.0275%1h0.000003467+0.245%$30K$7K10xas long as short
Hyperliquid kBONK+0.0476%1h0.000003468+0.274%$10.2M$4.9M10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0906%1h0.000003463+0.129%$6K$123K10xas long as short
Kraken Futures PF_BONKUSD+0.2417%1h0.000003474+0.455%$224K$177K50xas long as short