BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0436%/8h= −47.7% APRnext payment −$0.54 per $10,000 · paid last 24h −0.172%

Price spread now: Coinbase International against Pacifica−0.909%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Coinbase International

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Coinbase International is 0.909% cheaper against Pacifica than usual: you would sell low and buy high (−$91 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	Pacifica kBONK	0.000003412	0.0100	pay 0.0013% / 1h	42m 46s	$115K	$115K	10x
Short	Coinbase International 1000BONK-PERP-INTX	0.000003381	−0.0336	pay 0.0042% / 1h	42m 46s	$46K	$31K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now −0.909%Rate

Funding earned: −$91.56
Price spread: −0.909% → 0.000%: −$90.86
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$200.42
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 20 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 Pacifica live order book, 20 min ago	4.35 bp	15.2 bp −$15	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	−0.0336%	1h	0.000003381	−0.909%	$46K	$31K	50x
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003420	+0.234%	$955K	$15.2M	75x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003411	−0.019%	$12K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003416	+0.106%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−4.045%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0040%	4h	0.000003418	+0.176%	$29K	$58K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003412	+0.013%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003422	+0.293%	$226K	$670K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003412	+0.015%	$27K	$101K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003417	+0.156%	$79K	$256K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONKlong	+0.0100%	1h	0.000003412	long leg	$115K	$115K	10x
Binance 1000BONKUSDT	+0.0100%	4h	0.000003419	+0.205%	$16.0M	$57.1M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003417	+0.161%	$10.8M	$17.9M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003418	+0.176%	$2.5M	$8.4M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003417	+0.147%	$852K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003426	+0.410%	$9.7M	$7.0M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003421	+0.264%	$2.6M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003416	+0.117%	$4.3M	$3.0M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003419	+0.205%	—	$4.7M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003392	−0.574%	$308K	$133K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003400	−0.352%	$57K	$707K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003424	+0.352%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003419	+0.205%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003420	+0.234%	$97K	$119K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003419	+0.208%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003417	+0.147%	$4K	—	3x	as long as short
Backpack kBONK_USDC_PERP	+0.0111%	1h	0.000003422	+0.293%	$30K	$7K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−12.075%	$570	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0335%	1h	0.000003420	+0.234%	$2K	$110K	10x	as long as short
Hyperliquid kBONK	+0.0708%	1h	0.000003427	+0.440%	$10.1M	$5.3M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2026%	1h	0.000003429	+0.506%	$221K	$174K	50x	as long as short