BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0161%/8h= −17.7% APRnext payment −$0.20 per $10,000 · paid last 24h −0.012%

Price spread now: dYdX against GMX+13.104%7-day average — · you sell dearer than you buy

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

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 13.104% dearer against GMX than usual: you sell high and buy low (spread +13.104% now, against zero (this spread has no 7-day history yet)): +$1,310 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 9 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BONK/USD [ETH-USDC]	0.000003000	L +0.0194% / S −0.1287%	pay 0.0024% / 1h	50m 52s	$402	—	100x
Short	dYdX BONK-USD	0.000003393	0.0032	get 0.0004% / 1h	50m 52s	$13K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against GMX. 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 GMXbpFee dYdXbpOrdersPrice spread, now +13.104%Rate

Funding earned: −$33.87
Price spread: +13.104% → 0.000%: $1,310.39
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: $1,254.52
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

GMX and dYdX: 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 exchanges

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
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003388	+12.947%	$23	—	150x	as long as short
Coinbase International 1000BONK-PERP-INTX	+0.0032%	1h	0.000003410	+13.667%	$44K	$89K	50x	as long as short
dYdX BONK-USDshort	+0.0032%	1h	0.000003393	+13.104%	$13K	$12K	10x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	+9.133%	$3K	$57	5.5x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0045%	1h	0.000003389	+12.967%	$23K	$152K	10x	as long as short
BloFin 1000BONK-USDT	+0.0075%	4h	0.000003391	+13.033%	$1.0M	$19.7M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003390	+13.003%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003395	+13.167%	$229K	$751K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003388	+12.950%	$63K	$134K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003395	+13.172%	$46K	$210K	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003393	+13.100%	$113K	$150K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003393	+13.100%	$17.3M	$90.2M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003389	+12.967%	$11.7M	$26.7M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003391	+13.033%	$2.9M	$14.5M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003389	+12.967%	$906K	$3.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003390	+13.000%	$10.6M	$10.9M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003391	+13.020%	$2.8M	$10.4M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003390	+13.000%	$4.3M	$5.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003389	+12.967%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003395	+13.153%	$321K	$137K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003396	+13.200%	$57K	$694K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003389	+12.967%	$29K	$46K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003398	+13.267%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003390	+13.000%	$2K	$9K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003394	+13.133%	$90K	$152K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003389	+12.979%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003387	+12.900%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]long	L +0.0194% / S −0.1287%	1h	0.000003000	long leg	$402	—	100x
Hyperliquid kBONK	+0.0356%	1h	0.000003396	+13.200%	$11.6M	$8.2M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1152%	1h	0.000003396	+13.200%	$53K	$25K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1406%	1h	0.000003393	+13.089%	$175K	$256K	50x	as long as short