BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.103%

Price spread now: Bitget against Orderly−0.030%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Bitget is 0.030% cheaper against Orderly than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000BONK_USDC	0.000003383	−0.0036	get 0.0018% / 4h	2h 50m	$29K	$42K	20x
Short	Bitget 1000BONKUSDT	0.000003382	0.0100	get 0.0050% / 4h	2h 50m	$4.3M	$3.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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 OrderlybpFee BitgetbpOrdersPrice spread, now −0.030%Rate

Funding earned: $28.5
Price spread: −0.030% → 0.000%: −$2.96
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: $7.54
Costs to cover: 0.180%
Break-even: 5.1 days

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 3 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	5.91 bp	20.4 bp −$20	37.3 bp −$373	doesn't fit	doesn't fit

Orderly: 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	−0.0320%	1h	0.000003381	−0.059%	$43K	$21K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003381	−0.059%	$1.0M	$13.2M	75x	as long as short
Orderly PERP_1000BONK_USDClong	−0.0036%	4h	0.000003383	long leg	$29K	$42K	20x
gTrade (Gains Network) BONK/USD	L 0.0000% / S +0.0001%	1h	0.000003386	+0.086%	$1K	—	150x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003383	0.000%	$12K	$3K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	0.0000%	1h	0.000003384	+0.030%	$2K	$110K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.222%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003386	+0.091%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003386	+0.089%	$202K	$282K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003385	+0.074%	$20K	$105K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster 1000BONKUSDT	+0.0100%	4h	0.000003383	+0.005%	$67K	$252K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003383	0.000%	$116K	$116K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003385	+0.060%	$15.3M	$49.7M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003383	−0.015%	$10.3M	$16.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003386	+0.089%	$2.5M	$7.6M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003383	0.000%	$747K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003383	0.000%	$9.8M	$6.5M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003382	−0.030%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDTshort	+0.0100%	4h	0.000003382	−0.030%	$4.3M	$3.0M	75x
BingX 1000BONK-USDC	+0.0100%	4h	0.000003383	0.000%	—	$6.5M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003386	+0.089%	$30K	$7K	10x	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003379	−0.133%	$304K	$105K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003388	+0.148%	$57K	$693K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003394	+0.325%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003384	+0.030%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003387	+0.118%	$80K	$117K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003383	+0.007%	$22K	$2K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003382	−0.030%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.4340%	1h	0.000003000	−11.321%	$566	—	100x	as long as short
Hyperliquid kBONK	+0.0720%	1h	0.000003391	+0.236%	$10.1M	$6.9M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1134%	1h	0.000003389	+0.177%	$206K	$184K	50x	as long as short