BONK

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Lighter1000BONK	0.000003024	+0.0096	pay 0.0012% / 1h	24m 32s	$240K	$133K	10x	Long Lighter7d free
SHORT	TxFlow1000BONK-USDC	0.000003017	−0.0280	pay 0.0035% / 1h	24m 32s	$27K	$109K	50x	Short TxFlow5% off

Price gap−0.231%

Funding gap−0.0376% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.066% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$48−0.0376% /8h now · paid −0.479% over the last 7D

Price−$7spread −0.231% now, avg −0.165% → −0.066% if it goes back

Costs−$420.418% of $10k · taker + slippage, in and out

Result−$96−0.96%+ Points / potential airdropLighter: Season 3 · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.231%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BONK on 31 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Large against open interest7.3 / 7.8 bp
$10k is over 10% of TxFlow’s open interest.
Note: Margin at max leverage$1,000 + $200
Lighter 10x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$11.27Long Lighter: 24 payments, −$2.88; short TxFlow: 24 payments, −$8.39.
Watch: Gap narrower than usual−0.231% vs −0.165%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$27K vs $240K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3 · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legLighter No · TxFlow No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0228%/8h × 21 periods−$47.87

Price spread−0.231% → −0.165% (7d avg)−$6.63

Slippage, 4 orderslive order books−$32.83

Fee Lighter bp × 2 orders$0.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$96.32

Costs to cover0.418%Break-evennever at this rate

Slippage: Lighter: live order book, 30 min ago; TxFlow: live order book, 33 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter3.307.3 bp−$726.8 bp−$268doesn’t fitdoesn’t fit

SELL · SHORTTxFlow3.317.8 bp−$815.9 bp−$159237.3 bp−$23.7Kdoesn’t fit

Closing costs about the same again.

BONK news

posts that mention BONK, from every exchangeSearch all news →

09-24 20:40	Phoenix	Listing	Now live: $Bonk - 10x leverage. The coin that started it all is now available on Phoenix. @PhoenixTrade on X ↗
09-24 15:00	Phoenix	Listing	new market kBONK ($BONK) seen by our collector
09-22 07:03	ApeX Omni	Other	59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗