BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.028%

Price spread now: Injective against Pacifica−6.511%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 Injective

What this pair did over the last

the charts below follow

Funding, last 4 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 −$2 a day on $10k at the current rate, and Injective is 6.511% cheaper against Pacifica than usual: you would sell low and buy high (−$651 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	0.000003502	0.0100	pay 0.0013% / 1h	32m 04s	$117K	$105K	10x
Short	Injective BONK/USDC PERP	0.000003274	0.0033	get 0.0004% / 1h	32m 04s	$3K	$113	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −6.511%Rate

Funding earned: −$14
Price spread: −6.511% → 0.000%: −$651.06
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$673.08
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 20 min ago; Injective: 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	5.72 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0312%	1h	0.000003506	+0.114%	$44K	$39K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003499	−0.075%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003515	+0.371%	$24	—	150x	as long as short
Injective BONK/USDC PERPshort	+0.0033%	1h	0.000003274	−6.511%	$3K	$113	5.5x
Orderly PERP_1000BONK_USDC	+0.0083%	4h	0.000003513	+0.314%	$30K	$54K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003514	+0.339%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003511	+0.257%	$37K	$103K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003513	+0.325%	$81K	$250K	10x	as long as short
Pacifica kBONKlong	+0.0100%	1h	0.000003502	long leg	$117K	$105K	10x
Binance 1000BONKUSDT	+0.0100%	4h	0.000003511	+0.257%	$17.2M	$62.3M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003511	+0.243%	$11.4M	$19.5M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003508	+0.171%	$2.6M	$9.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003514	+0.343%	$870K	$2.8M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003516	+0.400%	$9.8M	$7.4M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003515	+0.383%	$3.0M	$10.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003512	+0.286%	$4.5M	$3.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003515	+0.371%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003502	−0.003%	$325K	$139K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003512	+0.286%	$59K	$707K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003523	+0.600%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003518	+0.457%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003513	+0.314%	$99K	$121K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003516	+0.413%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003514	+0.343%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0136%	4h	0.000003495	−0.200%	$993K	$16.3M	75x	as long as short
Lighter 1000BONK	+0.0168%	1h	0.000003521	+0.543%	$247K	$691K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−14.335%	$588	—	100x	as long as short
Hyperliquid kBONK	+0.0836%	1h	0.000003524	+0.628%	$10.4M	$5.0M	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0888%	1h	0.000003518	+0.457%	$6K	$123K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1362%	1h	0.000003524	+0.628%	$46K	$15K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2384%	1h	0.000003522	+0.563%	$224K	$178K	50x	as long as short