Funding you earn now, next payment 08:00 UTC−0.0893%/8h= −97.8% APRnext payment −$1.12 per $10,000 · paid last 24h −0.172%
Price spread now: dYdX against Hyperliquid−0.190%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and dYdX is 0.190% cheaper against Hyperliquid than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kBONK | 0.000003535 | 0.0893 | pay 0.0112% / 1h | 58m 45s | $12.1M | $8.1M | 10x |
| Short | dYdX BONK-USD | 0.000003528 | 0 | get 0.0000% / 1h | 58m 45s | $13K | $3K | 10x |
Hyperliquid kBONK
dYdX BONK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$187.63
- Price spread: −0.190% → 0.000%
- −$18.97
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$225.59
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; 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 Hyperliquid live order book, 4 min ago | 1.39 bp | 6.3 bp −$6 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 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 | −0.0040% | 1h | 0.000003520 | −0.424% | $44K | $62K | 50x | as long as short |
| dYdX BONK-USDshort | 0.0000% | 1h | 0.000003528 | −0.190% | $13K | $3K | 10x | |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003533 | −0.054% | $24 | — | 150x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0033% | 1h | 0.000003536 | +0.028% | $35K | $176K | 10x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −7.383% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003535 | −0.002% | $4 | — | 15x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003529 | −0.183% | $66K | $318K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003529 | −0.170% | $117K | $141K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003530 | −0.154% | $18.2M | $82.9M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003522 | −0.382% | $12.1M | $25.4M | 50x | as long as short |
Coinbase International 1000BONK-PERP-INTX
gTrade (Gains Network) BONK/USD
Deribit 1000BONK_USDC-PERPETUAL
Injective BONK/USDC PERP
Reya kBONKRUSDPERP
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003525 | −0.283% | $2.9M | $14.1M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003525 | −0.283% | $959K | $3.5M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003529 | −0.170% | $11.8M | $9.4M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003525 | −0.272% | $3.0M | $10.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003523 | −0.339% | $4.5M | $4.9M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003524 | −0.311% | — | $5.0M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003566 | +0.873% | $336K | $156K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003573 | +1.075% | $60K | $706K | 25x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003532 | −0.085% | $30K | $52K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003542 | +0.198% | $2K | $15K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003538 | +0.085% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003540 | +0.141% | $100K | $133K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003525 | −0.283% | $22K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003529 | −0.170% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0133% | 4h | 0.000003537 | +0.057% | $1.1M | $19.4M | 75x | as long as short |
| Nado kBONK-PERP | +0.0136% | 1h | 0.000003533 | −0.057% | $62K | $128K | 10x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.3950% | 1h | 0.000003000 | −15.134% | $540 | — | 100x | as long as short |
| Backpack kBONK_USDC_PERP | +0.0777% | 1h | 0.000003534 | −0.028% | $54K | $23K | 10x | as long as short |
| Lighter 1000BONK | +0.0848% | 1h | 0.000003533 | −0.057% | $248K | $750K | 10x | as long as short |
| Hyperliquid kBONKlong | +0.0893% | 1h | 0.000003535 | long leg | $12.1M | $8.1M | 10x | |
| Kraken Futures PF_BONKUSD | +0.4490% | 1h | 0.000003549 | +0.395% | $219K | $224K | 50x | as long as short |
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Orderly PERP_1000BONK_USDC
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
BloFin 1000BONK-USDT
Nado kBONK-PERP
GMX BONK/USD [ETH-USDC]
Backpack kBONK_USDC_PERP
Lighter 1000BONK
Kraken Futures PF_BONKUSD