Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%
Price spread now: Nado against Lighter+0.149%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$540.542% of the position
Funding, last 3 days (all we have)−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)+0.214%+$21 · spread now +0.149%, 7d avg −0.023%
=Together, before fees+0.185%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.172% dearer against Lighter than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000BONK | 0.000003355 | 0.0096 | pay 0.0012% / 1h | 28m 18s | $189K | $300K | 10x |
| Short | Nado kBONK-PERP | 0.000003360 | 0.0100 | get 0.0012% / 1h | 28m 18s | $19K | $106K | 10x |
Lighter 1000BONK
Nado kBONK-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Lighter. 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
- $0.84
- Price spread: +0.149% → −0.023%
- $17.2
- Slippage, 4 orders
- −$47.2
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$36.16
- Costs to cover
- 0.542%
- Break-even
- 308.3 days
Slippage from Lighter: live order book, 46 min ago; Nado: live order book, 54 min ago.
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 Lighter live order book, 46 min ago | 4.47 bp | 10.8 bp −$11 | 33.5 bp −$335 | doesn't fit | doesn't fit |
| Sell Nado live order book, 54 min ago | 2.97 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000BONK_USDC-PERPETUAL | −0.0346% | 1h | 0.000003353 | −0.060% | $2K | $110K | 10x | as long as short |
| Coinbase International 1000BONK-PERP-INTX | −0.0248% | 1h | 0.000003340 | −0.447% | $42K | $22K | 50x | as long as short |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003359 | +0.119% | $1.0M | $13.3M | 75x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0078% | 4h | 0.000003357 | +0.060% | $29K | $41K | 20x | as long as short |
| gTrade (Gains Network) BONK/USD | L 0.0000% / S +0.0001% | 1h | 0.000003357 | +0.057% | $1K | — | 150x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003359 | +0.107% | $12K | $3K | 10x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −2.414% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003357 | +0.062% | $4 | — | 15x | as long as short |
| Lighter 1000BONKlong | +0.0096% | 1h | 0.000003355 | long leg | $189K | $300K | 10x | |
| Nado kBONK-PERPshort | +0.0100% | 1h | 0.000003360 | +0.149% | $19K | $106K | 10x |
Deribit 1000BONK_USDC-PERPETUAL
Coinbase International 1000BONK-PERP-INTX
BloFin 1000BONK-USDT
Orderly PERP_1000BONK_USDC
gTrade (Gains Network) BONK/USD
dYdX BONK-USD
Injective BONK/USDC PERP
Reya kBONKRUSDPERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003360 | +0.156% | $64K | $251K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003360 | +0.149% | $114K | $123K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003358 | +0.099% | $15.1M | $51.5M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003358 | +0.095% | $10.2M | $16.6M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003353 | −0.060% | $2.4M | $7.7M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003357 | +0.060% | $742K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003357 | +0.060% | $10.2M | $6.6M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003360 | +0.137% | $2.7M | $9.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003352 | −0.089% | $4.2M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003358 | +0.089% | — | $8.0M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003361 | +0.179% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003352 | −0.087% | $301K | $121K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003362 | +0.209% | $57K | $699K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003365 | +0.298% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003353 | −0.060% | $2K | $6K | 10x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003353 | −0.049% | $22K | $2K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003357 | +0.060% | $4K | — | 3x | as long as short |
| HTX BONK-USDT | +0.0122% | 4h | 0.000003371 | +0.477% | $91K | $150K | 30x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.4340% | 1h | 0.000003000 | −10.581% | $562 | — | 100x | as long as short |
| Hyperliquid kBONK | +0.0925% | 1h | 0.000003367 | +0.358% | $10.1M | $7.4M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.0965% | 1h | 0.000003358 | +0.093% | $204K | $149K | 50x | as long as short |
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
Extended 1000BONK-USD
Aevo 1000BONK-PERP
HTX BONK-USDT
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Kraken Futures PF_BONKUSD