BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%

Price spread now: Reya against Pacifica+0.255%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Reya

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 · Reya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.255% dearer against Pacifica than usual: you sell high and buy low (spread +0.255% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 50 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kBONK	0.000003687	0.0100	pay 0.0013% / 1h	36m 47s	$123K	$134K	10x
Short	Reya kBONKRUSDPERP	0.000003696	0.0083	get 0.0010% / 1h	36m 47s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.255%Rate

Funding earned: −$3.6
Price spread: +0.255% → 0.000%: $25.55
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $7.95
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Pacifica: live order book, 6 min ago; Reya: 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, 6 min ago	6.89 bp	25.8 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0016%	1h	0.000003673	−0.380%	$45K	$55K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003695	+0.226%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003680	−0.201%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−11.202%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERPshort	+0.0083%	1h	0.000003696	+0.255%	$4	—	15x
BloFin 1000BONK-USDT	+0.0088%	4h	0.000003692	+0.136%	$1.1M	$19.5M	75x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003697	+0.258%	$55K	$121K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003679	−0.212%	$62K	$303K	10x	as long as short
Pacifica kBONKlong	+0.0100%	1h	0.000003687	long leg	$123K	$134K	10x
Binance 1000BONKUSDT	+0.0100%	4h	0.000003672	−0.402%	$19.0M	$78.4M	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	0.000003677	−0.263%	$12.6M	$24.2M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003657	−0.814%	$3.1M	$13.5M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003684	−0.081%	$1.0M	$3.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003688	+0.027%	$12.7M	$8.9M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003685	−0.065%	$3.0M	$10.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003676	−0.298%	$4.7M	$4.5M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003682	−0.136%	—	$5.0M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003680	−0.194%	$345K	$146K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003680	−0.190%	$62K	$705K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003695	+0.217%	$32K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003699	+0.325%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003692	+0.136%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003697	+0.271%	$105K	$131K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003684	−0.079%	$24K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003689	+0.054%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.3950%	1h	0.000003000	−18.633%	$564	—	100x	as long as short
Lighter 1000BONK	+0.0256%	1h	0.000003680	−0.190%	$255K	$744K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0833%	1h	0.000003698	+0.298%	$26K	$165K	10x	as long as short
Hyperliquid kBONK	+0.1248%	1h	0.000003682	−0.136%	$12.7M	$7.7M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1783%	1h	0.000003695	+0.217%	$57K	$24K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2910%	1h	0.000003710	+0.627%	$229K	$221K	50x	as long as short