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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against gTrade (Gains Network)+0.332%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.332% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BONK/USD0.000003467L +0.0001% / S +0.0001%pay 0.0000% / 1h18m 34s$24150x
ShortApeX Omni 1000BONKUSDT0.0000034790.0100get 0.0013% / 1h18m 34s$59K$694K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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
$20.88
Price spread: +0.332% → 0.000%
$33.17
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$34.05
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 33 min ago. 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 gTrade (Gains Network) no order-book sample
Sell ApeX Omni live order book, 33 min ago8.66 bp16.6 bp −$17110.1 bp −$1,101doesn't fitdoesn't fit
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 exchanges

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−0.0096%1h0.000003470+0.072%$45K$92K50xas long as short
gTrade (Gains Network) BONK/USDlongL +0.0001% / S +0.0001%1h0.000003467long leg$24150x
Injective BONK/USDC PERP+0.0033%1h0.000003274−5.580%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003467−0.021%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003469+0.043%$246K$740K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003468+0.014%$66K$137K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003468+0.009%$47K$260K10xas long as short
Pacifica kBONK+0.0100%1h0.000003465−0.072%$115K$154K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003463−0.122%$17.8M$90.2M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003462−0.147%$12.3M$26.6M50xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BONK-USDT-SWAP+0.0100%8h0.000003466−0.043%$3.0M$14.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003465−0.072%$919K$3.4M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003463−0.130%$11.1M$10.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003466−0.035%$2.9M$10.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003462−0.159%$4.4M$5.3M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003464−0.101%$5.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003480+0.354%$342K$122Kas long as short
ApeX Omni 1000BONKUSDTshort+0.0100%1h0.000003479+0.332%$59K$694K25x
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003468+0.014%$30K$47K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003474+0.187%$2K$14K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003469+0.043%$2K$10K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003470+0.072%$99K$138K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003464−0.088%$22K$5K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003467−0.014%$4K3xas long as short
BloFin 1000BONK-USDT+0.0122%4h0.000003468+0.014%$1.1M$19.7M75xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−13.482%$530100xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0615%1h0.000003470+0.072%$24K$162K10xas long as short
Hyperliquid kBONK+0.0743%1h0.000003470+0.072%$11.8M$8.3M10xas long as short
dYdX BONK-USD+0.1409%1h0.000003466−0.035%$13K$12K10xas long as short
Backpack kBONK_USDC_PERP+0.1508%1h0.000003473+0.159%$54K$25K10xas long as short
Kraken Futures PF_BONKUSD+0.1825%1h0.000003474+0.200%$177K$254K50xas long as short