Funding you earn now, next payment 00:00 UTC+0.1071%/8h= +117.3% APRnext payment +$1.34 per $10,000 · paid last 24h +0.084%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.268%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Hyperliquid is 0.268% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$27 more if the spread 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 | gTrade (Gains Network) BONK/USD | 0.000003390 | L 0.0000% / S +0.0001% | get 0.0000% / 1h | 57m 48s | $1K | — | 150x |
| Short | Hyperliquid kBONK | 0.000003399 | 0.1071 | get 0.0134% / 1h | 57m 48s | $10.2M | $7.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $224.87
- Price spread: +0.268% → 0.000%
- $26.84
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $232.72
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 5 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 5 min ago | 1.48 bp | 7.1 bp −$7 | 25.9 bp −$259 | doesn't fit | doesn'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 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 | −0.0456% | 1h | 0.000003342 | −1.413% | $42K | $22K | 50x | as long as short |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003384 | −0.174% | $1.0M | $13.5M | 75x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0087% | 4h | 0.000003390 | +0.003% | $29K | $41K | 20x | as long as short |
| gTrade (Gains Network) BONK/USDlong | L 0.0000% / S +0.0001% | 1h | 0.000003390 | long leg | $1K | — | 150x | |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003390 | +0.017% | $12K | $3K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | 0.0000% | 1h | 0.000003390 | +0.003% | $2K | $110K | 10x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −3.419% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003390 | +0.003% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003394 | +0.121% | $190K | $298K | 10x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003392 | +0.077% | $19K | $106K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003390 | +0.014% | $65K | $251K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003390 | +0.003% | $115K | $123K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003392 | +0.058% | $15.3M | $51.9M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003389 | −0.015% | $10.3M | $16.7M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003392 | +0.062% | $2.5M | $7.8M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003389 | −0.027% | $726K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003391 | +0.032% | $10.1M | $6.6M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003391 | +0.021% | $2.7M | $9.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003391 | +0.032% | $4.3M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003390 | +0.003% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003369 | −0.615% | $303K | $119K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003372 | −0.528% | $57K | $700K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003396 | +0.180% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003391 | +0.032% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003409 | +0.563% | $92K | $153K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003392 | +0.057% | $22K | $2K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003389 | −0.027% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.4340% | 1h | 0.000003000 | −11.502% | $567 | — | 100x | as long as short |
| Backpack kBONK_USDC_PERP | +0.0486% | 1h | 0.000003395 | +0.150% | $30K | $7K | 10x | as long as short |
| Hyperliquid kBONKshort | +0.1071% | 1h | 0.000003399 | +0.268% | $10.2M | $7.2M | 10x | |
| Kraken Futures PF_BONKUSD | +0.1444% | 1h | 0.000003395 | +0.137% | $206K | $149K | 50x | as long as short |
gTrade (Gains Network) BONK/USD
Hyperliquid kBONK
Coinbase International 1000BONK-PERP-INTX
BloFin 1000BONK-USDT
Deribit 1000BONK_USDC-PERPETUAL
Injective BONK/USDC PERP
Lighter 1000BONK
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
GMX BONK/USD [ETH-USDC]
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD