BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.024%

Price spread now: Reya against Injective+10.902%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 Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Reya is 10.902% dearer against Injective than usual: you sell high and buy low: +$1,090 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	32m 38s	$3K	$113	5.5x
Short	Reya kBONKRUSDPERP	0.000003631	0.0083	get 0.0010% / 1h	32m 38s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +10.902%Rate

Funding earned: $10.4
Price spread: +10.902% → 0.000%: $1,090.19
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: $1,094.57
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

Injective and Reya: 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	−0.0016%	1h	0.000003626	+10.751%	$46K	$62K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003610	+10.263%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003634	+10.999%	$25	—	150x	as long as short
Injective BONK/USDC PERPlong	+0.0033%	1h	0.000003274	long leg	$3K	$113	5.5x
BloFin 1000BONK-USDT	+0.0069%	4h	0.000003640	+11.179%	$1.1M	$19.3M	75x	as long as short
Reya kBONKRUSDPERPshort	+0.0083%	1h	0.000003631	+10.902%	$4	—	15x
Nado kBONK-PERP	+0.0100%	1h	0.000003604	+10.079%	$55K	$123K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003608	+10.206%	$60K	$303K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003608	+10.202%	$120K	$134K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003608	+10.188%	$18.6M	$79.3M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003604	+10.079%	$12.4M	$24.5M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003603	+10.049%	$3.0M	$13.5M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003602	+10.018%	$987K	$3.4M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003599	+9.927%	$12.2M	$9.1M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003598	+9.902%	$2.9M	$10.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003603	+10.049%	$4.6M	$4.6M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003599	+9.927%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003644	+11.297%	$345K	$146K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003700	+13.012%	$62K	$706K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003630	+10.874%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003638	+11.118%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003633	+10.965%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003634	+10.996%	$103K	$131K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003601	+9.992%	$24K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003629	+10.843%	$4K	—	3x	as long as short
Lighter 1000BONK	+0.0176%	1h	0.000003629	+10.843%	$253K	$746K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−8.369%	$557	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0301%	1h	0.000003632	+10.935%	$25K	$165K	10x	as long as short
Hyperliquid kBONK	+0.1232%	1h	0.000003634	+10.996%	$12.5M	$7.8M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1772%	1h	0.000003643	+11.271%	$56K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2960%	1h	0.000003648	+11.410%	$225K	$221K	50x	as long as short