Funding you earn now, next payment 23:00 UTC+0.0931%/8h= +101.9% APRnext payment +$1.16 per $10,000 · paid last 24h +0.047%
Price spread now: Kraken Futures against Injective+2.639%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 +$28 a day on $10k at the current rate, and Kraken Futures is 2.639% dearer against Injective than usual: you sell high and buy low: +$264 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 | 28m 44s | $3K | $113 | 5.5x |
| Short | Kraken Futures PF_BONKUSD | 0.000003360 | 0.0964 | get 0.0120% / 1h | 28m 44s | $204K | $149K | 50x |
Injective BONK/USDC PERP
Kraken Futures PF_BONKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $195.43
- Price spread: +2.639% → 0.000%
- $263.9
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $449.31
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 54 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 Kraken Futures live order book, 54 min ago | 20.70 bp | 39.0 bp −$39 | 74.9 bp −$749 | doesn't fit | 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 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 | 0.000003340 | +2.016% | $42K | $22K | 50x | as long as short |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003359 | +2.596% | $1.0M | $13.3M | 75x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0078% | 4h | 0.000003359 | +2.596% | $29K | $41K | 20x | as long as short |
| gTrade (Gains Network) BONK/USD | L 0.0000% / S +0.0001% | 1h | 0.000003359 | +2.593% | $1K | — | 150x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003359 | +2.584% | $12K | $3K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | 0.0000% | 1h | 0.000003358 | +2.566% | $2K | $110K | 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 | 0.000003356 | +2.507% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003363 | +2.718% | $189K | $300K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003359 | +2.582% | $64K | $251K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
BloFin 1000BONK-USDT
Orderly PERP_1000BONK_USDC
gTrade (Gains Network) BONK/USD
dYdX BONK-USD
Deribit 1000BONK_USDC-PERPETUAL
Reya kBONKRUSDPERP
Lighter 1000BONK
Aster 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kBONK | +0.0100% | 1h | 0.000003355 | +2.474% | $113K | $123K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003359 | +2.600% | $15.1M | $51.5M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003359 | +2.584% | $10.2M | $16.6M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003361 | +2.657% | $2.4M | $7.7M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003355 | +2.474% | $742K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003359 | +2.596% | $10.2M | $6.6M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003357 | +2.535% | $2.6M | $9.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003361 | +2.657% | $4.2M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003356 | +2.505% | — | $6.5M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003361 | +2.657% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003352 | +2.385% | $301K | $121K | — | 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 | 0.000003357 | +2.550% | $19K | $106K | 10x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003361 | +2.657% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003356 | +2.505% | $2K | $6K | 10x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003358 | +2.562% | $22K | $2K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003357 | +2.535% | $4K | — | 3x | as long as short |
| HTX BONK-USDT | +0.0115% | 4h | 0.000003382 | +3.299% | $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 | +0.0927% | 1h | 0.000003368 | +2.871% | $10.1M | $7.4M | 10x | as long as short |
| Kraken Futures PF_BONKUSDshort | +0.0964% | 1h | 0.000003360 | +2.639% | $204K | $149K | 50x |
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Nado kBONK-PERP
SunX BONK-USDT
SoDEX 1000BONK-USD
Extended 1000BONK-USD
Aevo 1000BONK-PERP
HTX BONK-USDT
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK