Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.025%
Price spread now: Binance against Injective+5.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 5.022% dearer against Injective than usual: you sell high and buy low: +$502 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BONK/USDC PERP | 0.000003274 | 0.0033 | pay 0.0004% / 1h | 29m 07s | $3K | $113 | 5.5x |
| Short | Binance 1000BONKUSDT | 0.000003438 | 0.0100 | get 0.0050% / 4h | 2h 29m | $16.1M | $56.5M | 75x |
Injective BONK/USDC PERP
Binance 1000BONKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +5.022% → 0.000%
- $502.23
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $506.21
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 13 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 1.47 bp | 11.9 bp −$12 | 27.0 bp −$270 | 112.3 bp −$11.2K | doesn't fit |
Injective: 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 30 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 | 0.000003369 | +2.902% | $43K | $26K | 50x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0007% | 4h | 0.000003435 | +4.918% | $29K | $59K | 20x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003443 | +5.175% | $13K | $3K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | 0.0000% | 1h | 0.000003431 | +4.795% | $2K | $110K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003430 | +4.753% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERPlong | +0.0033% | 1h | 0.000003274 | long leg | $3K | $113 | 5.5x | |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003431 | +4.809% | $4 | — | 15x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003432 | +4.841% | $26K | $114K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003436 | +4.949% | $66K | $253K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003444 | +5.192% | $114K | $123K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
Orderly PERP_1000BONK_USDC
dYdX BONK-USD
Deribit 1000BONK_USDC-PERPETUAL
gTrade (Gains Network) BONK/USD
Reya kBONKRUSDPERP
Nado kBONK-PERP
Aster 1000BONKUSDT
Pacifica kBONKShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000BONKUSDTshort | +0.0100% | 4h | 0.000003438 | +5.022% | $16.1M | $56.5M | 75x | |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003437 | +4.979% | $10.9M | $17.8M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003438 | +5.009% | $2.5M | $8.3M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003433 | +4.856% | $757K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003430 | +4.765% | $9.5M | $6.9M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003434 | +4.899% | $2.7M | $9.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003437 | +4.979% | $4.3M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003435 | +4.918% | — | $4.7M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003437 | +4.993% | $313K | $127K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003433 | +4.856% | $58K | $708K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003446 | +5.254% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003431 | +4.795% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003445 | +5.223% | $97K | $158K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003429 | +4.737% | $22K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003432 | +4.826% | $4K | — | 3x | as long as short |
| Lighter 1000BONK | +0.0128% | 1h | 0.000003437 | +4.979% | $232K | $670K | 10x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −8.369% | $575 | — | 100x | as long as short |
| Backpack kBONK_USDC_PERP | +0.0360% | 1h | 0.000003436 | +4.948% | $30K | $7K | 10x | as long as short |
| Hyperliquid kBONK | +0.0961% | 1h | 0.000003441 | +5.101% | $10.2M | $7.6M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2048% | 1h | 0.000003441 | +5.095% | $215K | $165K | 50x | as long as short |
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
Lighter 1000BONK
GMX BONK/USD [ETH-USDC]
Backpack kBONK_USDC_PERP
Hyperliquid kBONK
Kraken Futures PF_BONKUSD