BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.027%

Price spread now: Variational Omni against gTrade (Gains Network)−1.259%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 1.259% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −1.259% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$126 on $10k: about 42 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BONK/USD	0.000003396	L 0.0000% / S +0.0001%	get 0.0000% / 1h	26m 09s	$1K	—	150x
Short	Variational Omni 1000BONK	0.000003353	0.0100	get 0.0050% / 4h	2h 26m	$302K	$104K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Variational OmnibpOrdersPrice spread, now −1.259%Rate

Funding earned: $21.05
Price spread: −1.259% → 0.000%: −$125.88
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$114.83
Costs to cover: 0.100%
Break-even: 45.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 62 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 Variational Omni RFQ quote, 62 min ago	8.83 bp	doesn't fit	44.2 bp −$442	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	−0.0320%	1h	0.000003394	−0.062%	$43K	$22K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003399	+0.085%	$1.0M	$13.3M	75x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	−0.0044%	1h	0.000003396	−0.003%	$2K	$110K	10x	as long as short
Orderly PERP_1000BONK_USDC	−0.0041%	4h	0.000003398	+0.056%	$29K	$41K	20x	as long as short
gTrade (Gains Network) BONK/USDlong	L 0.0000% / S +0.0001%	1h	0.000003396	long leg	$1K	—	150x
dYdX BONK-USD	0.0000%	1h	0.000003415	+0.552%	$12K	$3K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.595%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003396	+0.008%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003388	−0.239%	$200K	$289K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003396	+0.012%	$19K	$107K	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	0.000003401	+0.145%	$65K	$251K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003418	+0.645%	$116K	$117K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003389	−0.223%	$15.3M	$50.7M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003388	−0.247%	$10.3M	$16.5M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003388	−0.239%	$2.5M	$7.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003388	−0.239%	$745K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003389	−0.209%	$10.3M	$6.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003390	−0.171%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003383	−0.386%	$4.3M	$3.0M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003386	−0.297%	—	$6.5M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003387	−0.268%	$30K	$7K	10x	as long as short
Variational Omni 1000BONKshort	+0.0100%	4h	0.000003353	−1.259%	$302K	$104K	—
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003361	−1.034%	$57K	$693K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003390	−0.180%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003385	−0.327%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003400	+0.115%	$79K	$118K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003383	−0.382%	$22K	$2K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003398	+0.056%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−11.663%	$568	—	100x	as long as short
Hyperliquid kBONK	+0.0726%	1h	0.000003393	−0.091%	$10.3M	$7.1M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1133%	1h	0.000003391	−0.162%	$206K	$149K	50x	as long as short