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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: Nado against gTrade (Gains Network)+0.068%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.068% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 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/USD0.000003394L +0.0001% / S +0.0001%pay 0.0000% / 1h12m 50s$23150x
ShortNado kBONK-PERP0.0000033970.0100get 0.0012% / 1h12m 50s$27K$97K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.068% → 0.000%
$6.78
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$10.66
Costs to cover
0.170%
Break-even
3.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Nado: live order book, 41 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 Nado live order book, 41 min ago1.46 bp18.4 bp −$18doesn't fitdoesn'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 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−0.0336%1h0.000003394−0.006%$43K$34K50xas long as short
dYdX BONK-USD0.0000%1h0.000003399+0.151%$12K$3K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.000003393−0.035%$2K$110K10xas long as short
gTrade (Gains Network) BONK/USDlongL +0.0001% / S +0.0001%1h0.000003394long leg$23150x
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.541%$3K$1135.5xas long as short
Orderly PERP_1000BONK_USDC+0.0062%4h0.000003395+0.024%$29K$57K20xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003395+0.021%$415xas long as short
BloFin 1000BONK-USDT+0.0094%4h0.000003391−0.094%$955K$15.0M75xas long as short
Lighter 1000BONK+0.0096%1h0.000003396+0.053%$224K$670K10xas long as short
Nado kBONK-PERPshort+0.0100%1h0.000003397+0.068%$27K$97K10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003391−0.082%$78K$250K10xas long as short
Pacifica kBONK+0.0100%1h0.000003399+0.141%$114K$104K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003386−0.242%$16.0M$57.5M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003384−0.292%$10.7M$18.0M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003385−0.271%$2.5M$8.5M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003383−0.330%$841K$2.7M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003388−0.183%$9.5M$7.1M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003388−0.189%$2.6M$9.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003382−0.359%$4.3M$3.0M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003386−0.242%$4.7Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003391−0.094%$30K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003410+0.461%$310K$133Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003404+0.289%$57K$706K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003397+0.082%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003392−0.065%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003411+0.495%$97K$119K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003382−0.370%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003402+0.230%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−11.614%$568100xas long as short
Hyperliquid kBONK+0.0799%1h0.000003391−0.094%$10.0M$4.7M10xas long as short
Kraken Futures PF_BONKUSD+0.2044%1h0.000003399+0.141%$219K$174K50xas long as short