Settings8H · net · $10k
Funding arb · Price arb /

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.005%
Price spread now: Aster against Reya+0.001%46s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kBONKRUSDPERP0.0000033940.0083pay 0.0010% / 1h53m 41s$415x
ShortAster 1000BONKUSDT0.0000033940.0100get 0.0050% / 4h53m 41s$65K$251K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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

Funding earned
$3.6
Price spread: +0.001% → 0.000%
$0.09
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$10.31
Costs to cover
0.140%
Break-even
27.0 days
Slippage unknown: Reya: no order-book sample; Aster: live order book, 23 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Aster live order book, 23 min ago10.39 bp20.7 bp −$21296.5 bp −$2,965doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0456%1h0.000003342−1.534%$42K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003397+0.087%$1.0M$13.6M75xas long as short
Orderly PERP_1000BONK_USDC−0.0086%4h0.000003397+0.087%$29K$40K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003394+0.010%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003397+0.073%$12K$3K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.000003394−0.001%$2K$110K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.537%$3K$1135.5xas long as short
Reya kBONKRUSDPERPlong+0.0083%1h0.000003394long leg$415x
Lighter 1000BONK+0.0096%1h0.000003397+0.087%$191K$298K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003394−0.001%$20K$106K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDTshort+0.0100%4h0.000003394+0.001%$65K$251K10x
Pacifica kBONK+0.0100%1h0.000003398+0.116%$115K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003399+0.146%$15.4M$51.9M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003397+0.087%$10.3M$16.7M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003398+0.116%$2.5M$7.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003396+0.057%$728K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003398+0.116%$9.9M$6.6M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003397+0.078%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003395+0.028%$4.3M$3.0M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003398+0.116%$8.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003392−0.059%$304K$119Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003389−0.149%$57K$699K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003399+0.146%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003395+0.028%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003400+0.175%$93K$153K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003398+0.112%$22K$2K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003396+0.057%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−11.610%$567100xas long as short
Backpack kBONK_USDC_PERP+0.0292%1h0.000003397+0.087%$30K$7K10xas long as short
Hyperliquid kBONK+0.1176%1h0.000003403+0.264%$10.2M$7.2M10xas long as short
Kraken Futures PF_BONKUSD+0.1441%1h0.000003402+0.226%$207K$149K50xas long as short