Settings8H · net · $10k
Funding arb · Price arb /

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.002%
Price spread now: Nado against Injective+2.917%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 2.917% dearer against Injective than usual: you sell high and buy low: +$292 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BONK/USDC PERP0.0000032740.0033pay 0.0004% / 1h0m 45s$3K$1135.5x
ShortNado kBONK-PERP0.0000033690.0100get 0.0012% / 1h0m 45s$19K$106K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
$14
Price spread: +2.917% → 0.000%
$291.69
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$298.67
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Nado: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Nado live order book, 12 min ago2.99 bp13.4 bp −$13doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0456%1h0.000003361+2.657%$43K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003375+3.085%$1.0M$13.9M75xas long as short
Orderly PERP_1000BONK_USDC−0.0061%4h0.000003376+3.115%$29K$40K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003371+2.975%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003364+2.764%$12K$3K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.000003373+3.024%$2K$110K10xas long as short
Injective BONK/USDC PERPlong+0.0033%1h0.000003274long leg$3K$1135.5x
Reya kBONKRUSDPERP+0.0083%1h0.000003370+2.918%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003378+3.177%$226K$339K10xas long as short
Nado kBONK-PERPshort+0.0100%1h0.000003369+2.917%$19K$106K10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003376+3.120%$65K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003367+2.841%$114K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003377+3.132%$15.3M$53.0M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003376+3.125%$10.3M$16.9M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003375+3.085%$2.5M$7.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003371+2.963%$723K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003373+3.024%$9.9M$6.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003375+3.079%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003370+2.932%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003376+3.115%$6.5Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003375+3.085%$30K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003368+2.872%$302K$119Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003368+2.871%$57K$702K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003377+3.146%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003373+3.024%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003380+3.238%$93K$153K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003372+2.988%$22K$3K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003375+3.085%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−8.369%$564100xas long as short
Hyperliquid kBONK+0.1136%1h0.000003379+3.207%$9.9M$7.5M10xas long as short
Kraken Futures PF_BONKUSD+0.1451%1h0.000003377+3.153%$207K$154K50xas long as short