Funding you earn now, next payment 10:00 UTC−0.0230%/8h= −25.2% APRnext payment −$0.29 per $10,000 · paid last 24h −0.361%
Price spread now: dYdX against Kraken Futures−0.713%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 −$7 a day on $10k at the current rate, and dYdX is 0.713% cheaper against Kraken Futures than usual: you would sell low and buy high (−$71 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 | 0.000003505 | 0.1809 | pay 0.0226% / 1h | 55m 31s | $178K | $273K | 50x |
| Short | dYdX BONK-USD | 0.000003480 | 0.1580 | get 0.0197% / 1h | 55m 31s | $13K | $10K | 10x |
Kraken Futures PF_BONKUSD
dYdX BONK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$48.24
- Price spread: −0.713% → 0.000%
- −$71.27
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$139.51
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 37 min ago; dYdX: 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, 37 min ago | 34.61 bp | 46.6 bp −$47 | 166.2 bp −$1,662 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0096% | 1h | 0.000003510 | +0.143% | $47K | $94K | 50x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003513 | +0.243% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −6.590% | $3K | $113 | 5.5x | as long as short |
| BloFin 1000BONK-USDT | +0.0044% | 4h | 0.000003515 | +0.286% | $1.1M | $20.1M | 75x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003476 | −0.833% | $4 | — | 15x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003474 | −0.870% | $64K | $142K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003484 | −0.607% | $48K | $282K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003484 | −0.599% | $116K | $161K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003480 | −0.719% | $17.9M | $91.3M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003475 | −0.844% | $12.3M | $27.5M | 50x | as long as short |
Coinbase International 1000BONK-PERP-INTX
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
BloFin 1000BONK-USDT
Reya kBONKRUSDPERP
Nado kBONK-PERP
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003477 | −0.798% | $3.0M | $15.1M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003480 | −0.713% | $920K | $3.3M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003480 | −0.713% | $11.0M | $10.5M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003489 | −0.456% | $2.9M | $11.0M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003473 | −0.912% | $4.5M | $5.5M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003479 | −0.741% | — | $5.1M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003497 | −0.233% | $341K | $119K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003500 | −0.142% | $59K | $697K | 25x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003498 | −0.199% | $30K | $51K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003505 | +0.001% | $2K | $15K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003500 | −0.142% | $3K | $8K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003502 | −0.085% | $100K | $136K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003478 | −0.771% | $22K | $5K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003496 | −0.256% | $4K | — | 3x | as long as short |
| Lighter 1000BONK | +0.0120% | 1h | 0.000003491 | −0.399% | $245K | $735K | 10x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.3950% | 1h | 0.000003000 | −14.408% | $534 | — | 100x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0322% | 1h | 0.000003499 | −0.171% | $24K | $162K | 10x | as long as short |
| Hyperliquid kBONK | +0.0442% | 1h | 0.000003480 | −0.713% | $11.8M | $8.5M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1370% | 1h | 0.000003503 | −0.056% | $54K | $24K | 10x | as long as short |
| dYdX BONK-USDshort | +0.1580% | 1h | 0.000003480 | −0.713% | $13K | $10K | 10x | |
| Kraken Futures PF_BONKUSDlong | +0.1809% | 1h | 0.000003505 | long leg | $178K | $273K | 50x |
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
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
Lighter 1000BONK
GMX BONK/USD [ETH-USDC]
Deribit 1000BONK_USDC-PERPETUAL
Hyperliquid kBONK
Backpack kBONK_USDC_PERP