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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.014%
Price spread now: Extended against gTrade (Gains Network)−0.134%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. Extended is 0.134% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.134% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BONK/USD0.000003371L 0.0000% / S +0.0001%pay 0.0000% / 1h20m 33s$2K150x
ShortExtended 1000BONK-USD0.0000033660.0104get 0.0013% / 1h20m 33s$22K$2K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.8
Price spread: −0.134% → 0.000%
−$13.36
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$6.57
Costs to cover
0.150%
Break-even
9.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: 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 gTrade (Gains Network) no order-book sample
Sell Extended no order-book sample
gTrade (Gains Network) and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0320%1h0.000003365−0.166%$43K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003367−0.107%$1.0M$13.2M75xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.0047%1h0.000003368−0.077%$2K$110K10xas long as short
Orderly PERP_1000BONK_USDC−0.0040%4h0.000003369−0.047%$29K$41K20xas long as short
dYdX BONK-USD0.0000%1h0.000003370−0.018%$12K$3K10xas long as short
gTrade (Gains Network) BONK/USDlongL 0.0000% / S +0.0001%1h0.000003371long leg$2K150x
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.866%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003368−0.067%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003369−0.047%$199K$290K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003371+0.027%$20K$109K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003370−0.006%$65K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003369−0.047%$115K$117K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003368−0.089%$15.1M$50.8M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003369−0.053%$10.2M$16.5M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003368−0.077%$2.5M$7.7M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003368−0.077%$744K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003368−0.077%$10.2M$6.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003369−0.053%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003365−0.166%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003368−0.077%$8.0Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003371+0.012%$30K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003417+1.373%$305K$104Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003370−0.018%$57K$693K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003377+0.190%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003369−0.047%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003383+0.368%$79K$118K30xas long as short
Extended 1000BONK-USDshort+0.0104%1h0.000003366−0.134%$22K$2K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003369−0.047%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−10.995%$564100xas long as short
Hyperliquid kBONK+0.0751%1h0.000003376+0.160%$10.0M$7.2M10xas long as short
Kraken Futures PF_BONKUSD+0.1138%1h0.000003375+0.143%$205K$148K50xas long as short