Funding arb · Price arb /

BONK

all BONK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: SoDEX against Pacifica+0.295%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 SoDEX

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.295% dearer against Pacifica than usual: you sell high and buy low, +$30 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kBONK	0.000003388	0.0100	pay 0.0013% / 1h	27m 04s	$115K	$117K	10x
Short	SoDEX 1000BONK-USD	0.000003398	0.0100	get 0.0013% / 1h	27m 04s	$2K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.295%Rate

Funding earned: $0
Price spread: +0.295% → 0.000%: $29.52
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $13.52
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Pacifica: live order book, 60 min ago; SoDEX: 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, 60 min ago	4.42 bp	11.3 bp −$11	21.1 bp −$211	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	0.000003397	+0.266%	$43K	$22K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003399	+0.325%	$1.0M	$13.3M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0041%	4h	0.000003400	+0.354%	$29K	$41K	20x	as long as short
gTrade (Gains Network) BONK/USD	L 0.0000% / S +0.0001%	1h	0.000003401	+0.375%	$1K	—	150x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003391	+0.085%	$12K	$3K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.365%	$3K	$113	5.5x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0044%	1h	0.000003402	+0.413%	$2K	$110K	10x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003396	+0.247%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003400	+0.354%	$201K	$289K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003395	+0.221%	$19K	$106K	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	0.000003393	+0.143%	$65K	$252K	10x	as long as short
Pacifica kBONKlong	+0.0100%	1h	0.000003388	long leg	$115K	$117K	10x
Binance 1000BONKUSDT	+0.0100%	4h	0.000003399	+0.339%	$15.3M	$50.4M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003400	+0.351%	$10.4M	$16.4M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003402	+0.413%	$2.5M	$7.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003396	+0.236%	$748K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003399	+0.325%	$10.3M	$6.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003399	+0.325%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003406	+0.531%	$4.3M	$3.0M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003398	+0.295%	—	$6.5M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003403	+0.443%	$30K	$7K	10x	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003353	−1.023%	$302K	$104K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003361	−0.797%	$57K	$693K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003403	+0.443%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USDshort	+0.0100%	1h	0.000003398	+0.295%	$2K	$6K	10x
HTX BONK-USDT	+0.0100%	4h	0.000003390	+0.059%	$79K	$119K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003409	+0.609%	$22K	$2K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003400	+0.354%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−11.452%	$568	—	100x	as long as short
Hyperliquid kBONK	+0.0734%	1h	0.000003406	+0.531%	$10.0M	$7.0M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1128%	1h	0.000003405	+0.517%	$207K	$158K	50x	as long as short