BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.2867%/8h= −313.9% APRnext payment −$3.58 per $10,000 · paid last 24h −0.335%

Price spread now: Extended against Kraken Futures+0.088%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Extended is 0.088% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$86 a day in funding at the current rate, which eats that in about 2 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BONKUSD	0.000003495	0.2971	pay 0.0371% / 1h	48m 52s	$178K	$275K	50x
Short	Extended 1000BONK-USD	0.000003498	0.0104	get 0.0013% / 1h	48m 52s	$22K	$5K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.088%Rate

Funding earned: −$602.02
Price spread: +0.088% → 0.000%: $8.83
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$608.2
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 49 min ago; Extended: 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, 49 min ago	29.55 bp	45.9 bp −$46	159.6 bp −$1,596	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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	−0.387%	$42K	$68K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003489	−0.147%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003489	−0.153%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.311%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0073%	4h	0.000003493	−0.044%	$1.1M	$20.2M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003489	−0.160%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003492	−0.058%	$70K	$139K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003500	+0.156%	$58K	$334K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003483	−0.330%	$116K	$162K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003502	+0.213%	$18.4M	$89.7M	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	0.000003498	+0.088%	$12.4M	$27.4M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003499	+0.128%	$3.0M	$15.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003496	+0.042%	$923K	$3.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003501	+0.185%	$11.2M	$9.9M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003500	+0.145%	$3.0M	$11.1M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003498	+0.099%	$4.5M	$5.5M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003500	+0.156%	—	$5.1M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003509	+0.412%	$329K	$99K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003515	+0.585%	$59K	$702K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003488	−0.187%	$30K	$51K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003494	−0.015%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003490	−0.130%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003490	−0.130%	$99K	$135K	30x	as long as short
Extended 1000BONK-USDshort	+0.0104%	1h	0.000003498	+0.088%	$22K	$5K	25x
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003491	−0.101%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−14.152%	$532	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0323%	1h	0.000003491	−0.101%	$34K	$164K	10x	as long as short
Lighter 1000BONK	+0.0352%	1h	0.000003494	−0.015%	$244K	$757K	10x	as long as short
Hyperliquid kBONK	+0.0727%	1h	0.000003496	+0.042%	$11.9M	$8.4M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.2121%	1h	0.000003502	+0.213%	$54K	$23K	10x	as long as short
Kraken Futures PF_BONKUSDlong	+0.2971%	1h	0.000003495	long leg	$178K	$275K	50x