BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0606%/8h= −66.4% APRnext payment −$0.76 per $10,000 · paid last 24h −0.088%

Price spread now: Extended against Hyperliquid−0.127%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 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 · Extended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Extended is 0.127% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 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	0.000003387	0.0710	pay 0.0089% / 1h	55m 32s	$10.0M	$7.5M	10x
Short	Extended 1000BONK-USD	0.000003383	0.0104	get 0.0013% / 1h	55m 32s	$22K	$4K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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 HyperliquidbpFee ExtendedbpOrdersPrice spread, now −0.127%Rate

Funding earned: −$127.28
Price spread: −0.127% → 0.000%: −$12.66
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$153.93
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 7 min ago; Extended: 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, 7 min ago	4.42 bp	11.0 bp −$11	24.0 bp −$240	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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	−0.0336%	1h	0.000003376	−0.325%	$43K	$26K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003393	+0.177%	$937K	$14.8M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0027%	4h	0.000003379	−0.236%	$29K	$39K	20x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003379	−0.223%	$12K	$3K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	0.0000%	1h	0.000003380	−0.207%	$2K	$110K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003380	−0.216%	$23	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.336%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003381	−0.178%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003382	−0.148%	$25K	$113K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003383	−0.105%	$66K	$252K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003381	−0.177%	$112K	$125K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003383	−0.131%	$15.9M	$55.0M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003379	−0.236%	$10.6M	$17.5M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003381	−0.177%	$2.5M	$8.0M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003380	−0.207%	$718K	$2.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003381	−0.177%	$9.7M	$6.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003381	−0.180%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003380	−0.207%	$4.3M	$3.0M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003382	−0.148%	—	$4.7M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003378	−0.266%	$307K	$127K	—	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003386	−0.030%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003381	−0.177%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003380	−0.207%	$95K	$161K	30x	as long as short
Extended 1000BONK-USDshort	+0.0104%	1h	0.000003383	−0.127%	$22K	$4K	25x
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003382	−0.148%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−11.426%	$564	—	100x	as long as short
Lighter 1000BONK	+0.0208%	1h	0.000003386	−0.030%	$352K	$474K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.0469%	1h	0.000003378	−0.266%	$30K	$7K	10x	as long as short
Hyperliquid kBONKlong	+0.0710%	1h	0.000003387	long leg	$10.0M	$7.5M	10x
ApeX Omni 1000BONKUSDT	+0.1068%	1h	0.000003392	+0.148%	$57K	$710K	25x	as long as short
Kraken Futures PF_BONKUSD	+0.2081%	1h	0.000003386	−0.023%	$211K	$165K	50x	as long as short