BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.010%

Price spread now: Lighter against Extended+0.215%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 Lighter

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 · Lighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.215% dearer against Extended than usual: you sell high and buy low, +$21 on $10k if it 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	0.000003462	0.0104	pay 0.0013% / 1h	56m 40s	$23K	$4K	25x
Short	Lighter 1000BONK	0.000003469	0.0096	get 0.0012% / 1h	56m 40s	$226K	$671K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.215%Rate

Funding earned: −$1.68
Price spread: +0.215% → 0.000%: $21.48
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $14.8
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: no order-book sample; Lighter: live order book, 44 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 Extended no order-book sample	—	—	—	—	—
Sell Lighter live order book, 44 min ago	4.44 bp	13.0 bp −$13	54.8 bp −$548	doesn't fit	doesn't fit

Extended: 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	0.000003467	+0.157%	$43K	$36K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003463	+0.051%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003462	+0.027%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−5.419%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0080%	4h	0.000003462	+0.013%	$30K	$55K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003460	−0.033%	$4	—	15x	as long as short
BloFin 1000BONK-USDT	+0.0090%	4h	0.000003466	+0.128%	$975K	$15.9M	75x	as long as short
Lighter 1000BONKshort	+0.0096%	1h	0.000003469	+0.215%	$226K	$671K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003468	+0.191%	$80K	$251K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003466	+0.128%	$116K	$108K	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	0.000003468	+0.182%	$16.8M	$60.5M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003462	−0.002%	$11.2M	$19.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003466	+0.128%	$2.6M	$9.3M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003462	+0.013%	$839K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003462	+0.013%	$9.1M	$7.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003466	+0.134%	$2.6M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003464	+0.070%	$4.4M	$3.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003467	+0.157%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003464	+0.067%	$316K	$133K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003461	−0.016%	$58K	$704K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003461	−0.002%	$34K	$102K	10x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003472	+0.301%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003466	+0.128%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003471	+0.273%	$98K	$120K	30x	as long as short
Extended 1000BONK-USDlong	+0.0104%	1h	0.000003462	long leg	$23K	$4K	25x
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003462	+0.013%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−13.334%	$578	—	100x	as long as short
Backpack kBONK_USDC_PERP	+0.0460%	1h	0.000003469	+0.215%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0601%	1h	0.000003473	+0.330%	$10.2M	$4.9M	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0616%	1h	0.000003467	+0.157%	$6K	$123K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2415%	1h	0.000003478	+0.463%	$225K	$177K	50x	as long as short