Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.022%
Price spread now: Extended against Nado−0.389%51s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.389% cheaper against Nado than usual: you would sell low and buy high, −$39 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado kBONK-PERP0.0000034600.0100pay 0.0012% / 1h25m 43s$27K$114K10x
ShortExtended 1000BONK-USD0.0000034470.0104get 0.0013% / 1h25m 43s$22K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Nado. 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

Funding earned
$0.84
Price spread: −0.389% → 0.000%
−$38.86
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$50.02
Costs to cover
0.120%
Break-even
423.9 days
Slippage unknown: Nado: live order book, 33 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 33 min ago4.42 bp16.2 bp −$16doesn't fitdoesn't fitdoesn'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 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0336%1h0.000003369−2.644%$43K$26K50xas long as short
Orderly PERP_1000BONK_USDC−0.0007%4h0.000003454−0.188%$30K$59K20xas long as short
dYdX BONK-USD0.0000%1h0.000003448−0.352%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003459−0.055%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−5.389%$3K$1135.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0039%1h0.000003456−0.130%$2K$110K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003461+0.013%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003451−0.275%$233K$671K10xas long as short
Nado kBONK-PERPlong+0.0100%1h0.000003460long leg$27K$114K10x
Aster 1000BONKUSDT+0.0100%4h0.000003457−0.103%$67K$253K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003448−0.361%$114K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003448−0.355%$16.2M$56.6M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003448−0.373%$11.0M$17.8M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003449−0.332%$2.5M$8.4M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003448−0.361%$763K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003448−0.361%$9.6M$6.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003450−0.309%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003446−0.419%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003447−0.390%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003458−0.074%$315K$127Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003439−0.621%$58K$707K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003462+0.043%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003457−0.101%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003473+0.361%$98K$158K30xas long as short
Extended 1000BONK-USDshort+0.0104%1h0.000003447−0.389%$22K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003454−0.188%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−13.307%$578100xas long as short
Backpack kBONK_USDC_PERP+0.0390%1h0.000003457−0.101%$31K$7K10xas long as short
Hyperliquid kBONK+0.0987%1h0.000003456−0.130%$10.3M$7.6M10xas long as short
Kraken Futures PF_BONKUSD+0.2034%1h0.000003464+0.108%$216K$165K50xas long as short