BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.4240%/8h= +464.3% APRnext payment +$5.30 per $10,000 · paid last 24h +0.560%

Price spread now: GMX against Pacifica−13.594%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 GMX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 13.594% cheaper against Pacifica than usual: you would sell low and buy high (spread −13.594% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,359 on $10k: about 11 days of funding at the current rate (+$127 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kBONK	0.000003472	0.0100	pay 0.0013% / 1h	1m 03s	$116K	$109K	10x
Short	GMX BONK/USD [ETH-USDC]	0.000003000	L +0.0197% / S −0.4340%	get 0.0542% / 1h	1m 03s	$579	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −13.594%Rate

Funding earned: $890.37
Price spread: −13.594% → 0.000%: −$1,359.45
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$489.08
Costs to cover: 0.200%
Break-even: 10.8 days

Slippage unknown: Pacifica: live order book, 56 min ago; GMX: 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, 56 min ago	4.46 bp	11.3 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	0.000003472	0.000%	$43K	$36K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003471	−0.019%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003464	−0.242%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−5.703%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0077%	4h	0.000003461	−0.317%	$30K	$55K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003463	−0.247%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003468	−0.115%	$227K	$674K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003466	−0.158%	$32K	$101K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003464	−0.243%	$80K	$251K	10x	as long as short
Pacifica kBONKlong	+0.0100%	1h	0.000003472	long leg	$116K	$109K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000BONKUSDT	+0.0100%	4h	0.000003463	−0.255%	$16.7M	$60.3M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003464	−0.236%	$11.3M	$19.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003464	−0.230%	$2.5M	$9.3M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003465	−0.202%	$839K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003461	−0.317%	$9.1M	$7.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003463	−0.259%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003460	−0.346%	$4.4M	$3.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003463	−0.259%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003464	−0.233%	$316K	$133K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003454	−0.518%	$58K	$704K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003467	−0.144%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003463	−0.259%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003480	+0.230%	$99K	$120K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003463	−0.259%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003461	−0.317%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0136%	4h	0.000003464	−0.230%	$974K	$15.8M	75x	as long as short
GMX BONK/USD [ETH-USDC]short	L +0.0197% / S −0.4340%	1h	0.000003000	−13.594%	$579	—	100x
Deribit 1000BONK_USDC-PERPETUAL	+0.0328%	1h	0.000003464	−0.230%	$6K	$123K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.0365%	1h	0.000003465	−0.202%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0771%	1h	0.000003470	−0.058%	$10.2M	$4.9M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2426%	1h	0.000003475	+0.084%	$224K	$177K	50x	as long as short