BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h +0.214%

Price spread now: gTrade (Gains Network) against GMX+16.407%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 gTrade (Gains Network)

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. gTrade (Gains Network) is 16.407% dearer against GMX than usual: you sell high and buy low (spread +16.407% now, against zero (this spread has no 7-day history yet)): +$1,641 on $10k if it goes back. Holding the pair costs −$6 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 +0.0196% / S −0.3950%	pay 0.0025% / 1h	45m 33s	$534	—	100x
Short	gTrade (Gains Network) BONK/USD	0.000003492	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	45m 33s	$24	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +16.407%Rate

Funding earned: −$41.35
Price spread: +16.407% → 0.000%: $1,640.67
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $1,577.31
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

GMX and 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	−0.0024%	1h	0.000003481	+16.033%	$42K	$68K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003499	+16.647%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USDshort	L +0.0001% / S +0.0001%	1h	0.000003492	+16.407%	$24	—	150x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	+9.133%	$3K	$113	5.5x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0036%	1h	0.000003497	+16.567%	$34K	$164K	10x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003500	+16.665%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003502	+16.733%	$70K	$139K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003500	+16.667%	$47K	$333K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003500	+16.667%	$116K	$162K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003505	+16.834%	$18.4M	$89.7M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003505	+16.830%	$12.5M	$27.5M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003501	+16.700%	$3.0M	$15.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003499	+16.633%	$925K	$3.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003501	+16.700%	$11.4M	$10.0M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003501	+16.713%	$3.0M	$11.1M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003498	+16.600%	$4.5M	$5.4M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003501	+16.700%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003492	+16.397%	$328K	$99K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003502	+16.733%	$59K	$701K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003496	+16.533%	$30K	$51K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003501	+16.700%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003497	+16.567%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003506	+16.867%	$99K	$134K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003500	+16.654%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003494	+16.467%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0147%	4h	0.000003501	+16.700%	$1.1M	$20.2M	75x	as long as short
GMX BONK/USD [ETH-USDC]long	L +0.0196% / S −0.3950%	1h	0.000003000	long leg	$534	—	100x
Lighter 1000BONK	+0.0272%	1h	0.000003498	+16.600%	$245K	$757K	10x	as long as short
Hyperliquid kBONK	+0.0660%	1h	0.000003504	+16.800%	$12.0M	$8.4M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.2037%	1h	0.000003502	+16.733%	$54K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2966%	1h	0.000003500	+16.670%	$178K	$275K	50x	as long as short