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

BONK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Pacifica against gTrade (Gains Network)+0.079%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 airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.079% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 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/USD0.000003523L +0.0001% / S +0.0001%pay 0.0000% / 1h59m 48s$24150x
ShortPacifica kBONK0.0000035260.0100get 0.0013% / 1h59m 48s$119K$161K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.079% → 0.000%
$7.95
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$10.83
Costs to cover
0.180%
Break-even
3.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: live order book, 38 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 Pacifica live order book, 38 min ago5.63 bp22.0 bp −$22doesn'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−0.0040%1h0.000003522−0.034%$42K$68K50xas long as short
dYdX BONK-USD0.0000%1h0.000003523−0.020%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDlongL +0.0001% / S +0.0001%1h0.000003523long leg$24150x
Injective BONK/USDC PERP+0.0033%1h0.000003274−7.073%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003525+0.052%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003526+0.094%$69K$138K10xas long as short
Hyperliquid kBONK+0.0100%1h0.000003535+0.335%$12.1M$8.5M10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003529+0.179%$59K$323K10xas long as short
Pacifica kBONKshort+0.0100%1h0.000003526+0.079%$119K$161K10x
Binance 1000BONKUSDT+0.0100%4h0.000003534+0.301%$18.6M$88.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000BONKUSDT+0.0100%4h0.000003530+0.182%$12.4M$27.2M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003534+0.307%$3.0M$15.2M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003527+0.108%$944K$3.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003530+0.193%$11.5M$9.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003530+0.207%$3.0M$11.1M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003530+0.193%$4.5M$5.4M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003531+0.221%$5.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003525+0.052%$332K$99Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003522−0.034%$59K$704K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003527+0.108%$30K$51K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003531+0.221%$2K$15K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003528+0.136%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003532+0.250%$100K$134K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003531+0.212%$22K$5K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003525+0.051%$4K3xas long as short
BloFin 1000BONK-USDT+0.0109%4h0.000003532+0.250%$1.1M$20.4M75xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−14.850%$538100xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0317%1h0.000003529+0.165%$35K$164K10xas long as short
Lighter 1000BONK+0.0464%1h0.000003534+0.307%$247K$769K10xas long as short
Backpack kBONK_USDC_PERP+0.1818%1h0.000003536+0.363%$54K$23K10xas long as short
Kraken Futures PF_BONKUSD+0.4516%1h0.000003528+0.148%$180K$275K50xas long as short