BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.2554%/8h= −279.7% APRnext payment −$3.19 per $10,000 · paid last 24h −0.193%

Price spread now: Aevo against Kraken Futures−0.316%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 against this trade now: funding costs −$77 a day on $10k at the current rate, and Aevo is 0.316% cheaper against Kraken Futures than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BONKUSD	0.000003498	0.2658	pay 0.0332% / 1h	53m 41s	$215K	$218K	50x
Short	Aevo 1000BONK-PERP	0.000003487	0.0104	get 0.0013% / 1h	53m 41s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now −0.316%Rate

Funding earned: −$536.38
Price spread: −0.316% → 0.000%: −$31.62
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$594
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 59 min ago; Aevo: 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 Kraken Futures live order book, 59 min ago	24.27 bp	50.8 bp −$51	156.4 bp −$1,564	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0136%	1h	0.000003477	−0.602%	$43K	$46K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003490	−0.219%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003487	−0.313%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.405%	$3K	$113	5.5x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0037%	1h	0.000003489	−0.259%	$9K	$134K	10x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003489	−0.261%	$4	—	15x	as long as short
Orderly PERP_1000BONK_USDC	+0.0084%	4h	0.000003489	−0.259%	$30K	$53K	20x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003493	−0.130%	$42K	$114K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003495	−0.088%	$58K	$299K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003492	−0.173%	$116K	$120K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000BONKUSDT	+0.0100%	4h	0.000003491	−0.202%	$17.7M	$69.7M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003487	−0.325%	$11.5M	$21.6M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003488	−0.288%	$2.7M	$11.1M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003490	−0.230%	$912K	$3.0M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003492	−0.173%	$9.7M	$8.0M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003489	−0.268%	$3.0M	$10.3M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003487	−0.316%	$4.5M	$3.8M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003490	−0.230%	—	$4.8M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003504	+0.167%	$325K	$141K	—	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003495	−0.087%	$2K	$13K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003490	−0.230%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003499	+0.027%	$99K	$130K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003490	−0.243%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERPshort	+0.0104%	1h	0.000003487	−0.316%	$4K	—	3x
Lighter 1000BONK	+0.0112%	1h	0.000003497	−0.030%	$247K	$703K	10x	as long as short
BloFin 1000BONK-USDT	+0.0117%	4h	0.000003487	−0.316%	$1.0M	$17.3M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−14.238%	$385	—	100x	as long as short
ApeX Omni 1000BONKUSDT	+0.1592%	1h	0.000003512	+0.399%	$59K	$705K	25x	as long as short
Hyperliquid kBONK	+0.1620%	1h	0.000003501	+0.084%	$11.5M	$6.1M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1784%	1h	0.000003495	−0.087%	$46K	$17K	10x	as long as short
Kraken Futures PF_BONKUSDlong	+0.2658%	1h	0.000003498	long leg	$215K	$218K	50x