Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

BONK

All BONK markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PhoenixkBONK
0.00000383100.0000% / 1h17m 49s$121K$190K10xLong Phoenix
SHORT
ApeX Omni1000BONKUSDT
0.000003832+0.0100get 0.0013% / 1h17m 49s$65K$610K25xShort ApeX Omni5% off
Price gap+0.026%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.050% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$77+0.0100% /8h now · paid +0.767% over the last 7D
Price+$5spread +0.026% now, avg −0.023% → +0.050% if it goes back
Costs−$860.863% of $10k · taker + slippage, in and out
Result−$5−0.05%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

ApeX Omni price against Phoenixnow
RANGE STATS · 7D
Now+0.026%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BONK on 31 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • Watch: Thin at this size26.1 / 17.0 bp
    At $10k entering Phoenix costs 26.1 bp, fee and slippage, 1.5× ApeX Omni’s.
  • Note: Margin at max leverage$1,000 + $400
    Phoenix 10x, ApeX Omni 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Phoenix: 24 payments, $0.00; short ApeX Omni: 24 payments, +$3.00.
  • OK: Entry gap works for you+0.026% vs −0.023%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$65K vs $121K OI
    ApeX Omni sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legPhoenix No · ApeX Omni No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0384%/8h × 21 periods+$80.67
Price spread+0.026% → −0.023% (7d avg)+$4.96
Slippage, 4 orderslive order books−$69.28
Fee Phoenix bp × 2 orders−$7.00
Fee ApeX Omni bp × 2 orders−$10.00
Net · 7 days · $10k−$0.65
Costs to cover0.863%Break-even7.1 days
Slippage: Phoenix: live order book, 15 min ago; ApeX Omni: live order book, 61 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhoenix2.6326.1 bp−$2683.7 bp−$837doesn’t fitdoesn’t fit
SELL · SHORTApeX Omni9.3517.0 bp−$17118.1 bp−$1,181doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

BONK news

posts that mention BONK, from every exchangeSearch all news →
09-30 01:05ReyaListingkBONKRUSDPERP no longer reported ($BONK) seen by our collector
09-24 20:40PhoenixListingNow live: $Bonk - 10x leverage. The coin that started it all is now available on Phoenix. @PhoenixTrade on X ↗
09-24 15:00PhoenixListingnew market kBONK ($BONK) seen by our collector
09-22 07:03ApeX OmniOther59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗