Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.029%
Price spread now: KuCoin against Injective+7.181%70s7-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 KuCoin is 7.181% dearer against Injective than usual: you sell high and buy low: +$718 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 48m 06s | $3K | $113 | 5.5x |
| Short | KuCoin 1000BONKUSDTM | 0.000003509 | 0.0100 | get 0.0050% / 4h | 3h 48m | $3.0M | $11.1M | 75x |
Injective BONK/USDC PERP
KuCoin 1000BONKUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +7.181% → 0.000%
- $718.08
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $720.06
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 4.26 bp | 23.2 bp −$23 | 128.4 bp −$1,284 | 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 | −0.0024% | 1h | 0.000003481 | +6.323% | $42K | $68K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003495 | +6.763% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003506 | +7.077% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERPlong | +0.0033% | 1h | 0.000003274 | long leg | $3K | $113 | 5.5x | |
| BloFin 1000BONK-USDT | +0.0073% | 4h | 0.000003493 | +6.689% | $1.1M | $20.2M | 75x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003505 | +7.054% | $4 | — | 15x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003503 | +7.010% | $70K | $139K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003508 | +7.147% | $58K | $333K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003499 | +6.872% | $116K | $162K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003509 | +7.178% | $18.4M | $89.8M | 75x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
BloFin 1000BONK-USDT
Reya kBONKRUSDPERP
Nado kBONK-PERP
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003508 | +7.162% | $12.5M | $27.4M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003508 | +7.147% | $3.0M | $15.2M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003504 | +7.025% | $926K | $3.5M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003508 | +7.147% | $11.3M | $9.9M | 125x | as long as short |
| KuCoin 1000BONKUSDTMshort | +0.0100% | 4h | 0.000003509 | +7.181% | $3.0M | $11.1M | 75x | |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003504 | +7.025% | $4.5M | $5.5M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003507 | +7.117% | — | $5.1M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003509 | +7.175% | $329K | $99K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003515 | +7.361% | $59K | $702K | 25x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003507 | +7.117% | $30K | $51K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003512 | +7.269% | $2K | $15K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003508 | +7.147% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003511 | +7.239% | $99K | $134K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003507 | +7.105% | $22K | $5K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003506 | +7.086% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.3950% | 1h | 0.000003000 | −8.369% | $535 | — | 100x | as long as short |
| Lighter 1000BONK | +0.0272% | 1h | 0.000003511 | +7.239% | $246K | $757K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0320% | 1h | 0.000003509 | +7.178% | $34K | $164K | 10x | as long as short |
| Hyperliquid kBONK | +0.0728% | 1h | 0.000003514 | +7.330% | $12.0M | $8.4M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.2099% | 1h | 0.000003516 | +7.392% | $54K | $23K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2957% | 1h | 0.000003511 | +7.226% | $179K | $275K | 50x | as long as short |
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
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
GMX BONK/USD [ETH-USDC]
Lighter 1000BONK
Deribit 1000BONK_USDC-PERPETUAL
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD