BONK

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTKBONK_USDT_Perp	0.000002752	−0.0338	get 0.0169% / 4h	2h 57m	$207K	$4.1M	10x	Long GRVT
SHORT	OrderlyPERP_1000BONK_USDC	0.000002757	−0.0568	pay 0.0284% / 4h	2h 57m	$32K	$344K	20x	Short Orderly

Price gap+0.186%

Funding gap−0.0230% /8h

The gap pays +$30 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 4.3 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$55−0.0230% /8h now · paid −0.551% over the last 7D

Price+$30spread +0.186% now, avg −0.111% → +0.296% if it goes back

Costsno datano order book for Orderly

Result, before costs−$25−0.25%+ Points / potential airdropGRVT: points · farm boardcosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.186%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BONK on 32 exchanges

lowest funding first

Before you open

4 ok · 1 to watch

Note: Order book unknown—
No order-book sample for Orderly: its slippage is not counted.
Note: Margin at max leverage$1,000 + $500
GRVT 10x, Orderly 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$6.89Long GRVT: 6 payments, +$10.14; short Orderly: 6 payments, −$17.03.
OK: Entry gap works for you+0.186% vs −0.111%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$32K vs $207K OI
Orderly sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
OK: No KYC on either legGRVT No · Orderly No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0262%/8h × 21 periods−$55.12

Price spread+0.186% → −0.111% (7d avg)+$29.64

Slippage, 4 ordersno data for Orderly—

Fee GRVT bp × 2 orders−$9.00

Fee Orderly bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$40.48

Costs to cover0.150%Break-evenfrom the start

Slippage: GRVT: live order book, 5 min ago; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGGRVT5.4719.2 bp−$1950.5 bp−$505doesn’t fitdoesn’t fit

SELL · SHORTOrderly—————

Closing costs about the same again.
Orderly: no data.

BONK news

posts that mention BONK, from every exchangeSearch all news →

10-29 01:05	MEXC	Listing	1000BONK_USDC no longer reported ($BONK) seen by our collector
09-24 20:40	Phoenix	Listing	Now live: $Bonk - 10x leverage. The coin that started it all is now available on Phoenix. @PhoenixTrade on X ↗
09-24 15:00	Phoenix	Listing	new market kBONK ($BONK) seen by our collector
09-22 07:03	ApeX Omni	Other	59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗