BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h −0.001%

Price spread now: gTrade (Gains Network) against Injective+2.474%7-day average — · you sell dearer than you buy

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

Long on Injective Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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 2.474% dearer against Injective than usual: you sell high and buy low (spread +2.474% now, against zero (this spread has no 7-day history yet)): +$247 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8 months.

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	31m 07s	$3K	$113	5.5x
Short	gTrade (Gains Network) BONK/USD	0.000003355	L 0.0000% / S +0.0001%	pay 0.0000% / 1h	31m 07s	$1K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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 InjectivebpFee gTrade (Gains Network)bpOrdersPrice spread, now +2.474%Rate

Funding earned: −$7.17
Price spread: +2.474% → 0.000%: $247.4
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $230.21
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: 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 Injective no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Injective 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	−0.0248%	1h	0.000003345	+2.169%	$43K	$22K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003349	+2.291%	$1.0M	$13.2M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0079%	4h	0.000003355	+2.474%	$29K	$41K	20x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	−0.0048%	1h	0.000003351	+2.352%	$2K	$110K	10x	as long as short
gTrade (Gains Network) BONK/USDshort	L 0.0000% / S +0.0001%	1h	0.000003355	+2.474%	$1K	—	150x
dYdX BONK-USD	0.0000%	1h	0.000003355	+2.461%	$12K	$3K	10x	as long as short
Injective BONK/USDC PERPlong	+0.0033%	1h	0.000003274	long leg	$3K	$113	5.5x
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003352	+2.385%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003353	+2.413%	$188K	$300K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003352	+2.391%	$64K	$251K	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	0.000003356	+2.505%	$113K	$123K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003350	+2.321%	$15.1M	$51.5M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003349	+2.303%	$10.1M	$16.6M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003351	+2.352%	$2.4M	$7.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003350	+2.321%	$741K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003350	+2.321%	$10.1M	$6.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003351	+2.355%	$2.6M	$9.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003352	+2.382%	$4.2M	$3.1M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003352	+2.382%	—	$8.0M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003352	+2.382%	$30K	$7K	10x	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003374	+3.058%	$313K	$112K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003362	+2.688%	$57K	$699K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003354	+2.459%	$19K	$106K	10x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003357	+2.535%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003351	+2.352%	$2K	$6K	10x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003350	+2.319%	$22K	$2K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003350	+2.321%	$4K	—	3x	as long as short
HTX BONK-USDT	+0.0111%	4h	0.000003366	+2.810%	$91K	$150K	30x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.4340%	1h	0.000003000	−8.369%	$561	—	100x	as long as short
Hyperliquid kBONK	+0.0919%	1h	0.000003360	+2.627%	$10.1M	$7.4M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.0965%	1h	0.000003358	+2.578%	$204K	$149K	50x	as long as short