Funding you earn now, next payment 21:00 UTC−0.0420%/8h= −46.0% APRnext payment −$0.53 per $10,000 · paid last 24h −0.150%
Price spread now: Coinbase International against Nado−0.251%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Coinbase International is 0.251% cheaper against Nado than usual: you would sell low and buy high (−$25 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 | Nado kBONK-PERP | 0.000003382 | 0.0100 | pay 0.0013% / 1h | 24m 45s | $18K | $107K | 10x |
| Short | Coinbase International 1000BONK-PERP-INTX | 0.000003374 | −0.0320 | pay 0.0040% / 1h | 24m 45s | $43K | $22K | 50x |
Nado kBONK-PERP
Coinbase International 1000BONK-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Nado. 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
- −$88.2
- Price spread: −0.251% → 0.000%
- −$25.13
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$130.33
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 62 min ago; Coinbase International: 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 Nado live order book, 62 min ago | 2.94 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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-INTXshort | −0.0320% | 1h | 0.000003374 | −0.251% | $43K | $22K | 50x | |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003383 | +0.015% | $1.0M | $13.3M | 75x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | −0.0046% | 1h | 0.000003380 | −0.074% | $2K | $110K | 10x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0041% | 4h | 0.000003385 | +0.074% | $29K | $41K | 20x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003380 | −0.076% | $12K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L 0.0000% / S +0.0001% | 1h | 0.000003381 | −0.041% | $2K | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −3.208% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003382 | −0.002% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003382 | −0.015% | $200K | $290K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003385 | +0.085% | $65K | $251K | 10x | as long as short |
BloFin 1000BONK-USDT
Deribit 1000BONK_USDC-PERPETUAL
Orderly PERP_1000BONK_USDC
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Reya kBONKRUSDPERP
Lighter 1000BONK
Aster 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kBONK | +0.0100% | 1h | 0.000003381 | −0.044% | $115K | $117K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003380 | −0.084% | $15.3M | $50.7M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003383 | +0.009% | $10.3M | $16.5M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003378 | −0.133% | $2.5M | $7.7M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003376 | −0.192% | $743K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003385 | +0.074% | $10.3M | $6.6M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003379 | −0.109% | $2.7M | $9.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003376 | −0.192% | $4.2M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003379 | −0.103% | — | $8.0M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003378 | −0.133% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003417 | +1.016% | $305K | $104K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003394 | +0.340% | $57K | $693K | 25x | as long as short |
| Nado kBONK-PERPlong | +0.0100% | 1h | 0.000003382 | long leg | $18K | $107K | 10x | |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003387 | +0.133% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003380 | −0.074% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003380 | −0.074% | $79K | $118K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003380 | −0.068% | $22K | $2K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003387 | +0.133% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.4340% | 1h | 0.000003000 | −11.308% | $566 | — | 100x | as long as short |
| Hyperliquid kBONK | +0.0728% | 1h | 0.000003388 | +0.163% | $10.0M | $7.2M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.1135% | 1h | 0.000003386 | +0.104% | $206K | $149K | 50x | as long as short |
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
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Kraken Futures PF_BONKUSD