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

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.005%
Price spread now: BingX against Reya+0.112%7-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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.112% dearer against Reya than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kBONKRUSDPERP0.0000036300.0083pay 0.0010% / 1h33m 55s$415x
ShortBingX 1000BONK-USDT0.0000036340.0100get 0.0050% / 4h1h 33m$5.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.112% → 0.000%
$11.22
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1.19
Costs to cover
0.160%
Break-even
9.3 days
Slippage unknown: Reya: no order-book sample; BingX: live order book, 6 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 BingX live order book, 6 min ago5.44 bp15.7 bp −$1629.9 bp −$29982.2 bp −$8,225490.1 bp −$245.1K
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−0.0016%1h0.000003622−0.218%$46K$62K50xas long as short
dYdX BONK-USD0.0000%1h0.000003639+0.257%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003629−0.020%$25150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−9.805%$3K$1135.5xas long as short
Reya kBONKRUSDPERPlong+0.0083%1h0.000003630long leg$415x
Nado kBONK-PERP+0.0100%1h0.000003629−0.012%$55K$123K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003635+0.127%$60K$303K10xas long as short
Pacifica kBONK+0.0100%1h0.000003641+0.305%$121K$134K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003633+0.087%$18.8M$79.1M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003630+0.002%$12.5M$24.4M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BONK-USDT-SWAP+0.0100%8h0.000003642+0.333%$3.0M$13.6M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003627−0.081%$993K$3.3M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003631+0.030%$12.4M$9.1M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003629−0.039%$2.9M$10.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003639+0.250%$4.7M$4.6M75xas long as short
BingX 1000BONK-USDTshort+0.0100%4h0.000003634+0.112%$5.0M
Variational Omni 1000BONK+0.0100%4h0.000003644+0.384%$345K$146Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003700+1.930%$62K$706K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003625−0.136%$31K$52K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003626−0.108%$2K$14K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003623−0.191%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003644+0.388%$103K$131K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003629−0.035%$24K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003619−0.301%$4K3xas long as short
BloFin 1000BONK-USDT+0.0150%4h0.000003642+0.333%$1.1M$19.2M75xas long as short
Lighter 1000BONK+0.0192%1h0.000003629−0.026%$253K$746K10xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−17.354%$557100xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.1130%1h0.000003628−0.053%$25K$165K10xas long as short
Hyperliquid kBONK+0.1225%1h0.000003636+0.167%$12.5M$7.7M10xas long as short
Backpack kBONK_USDC_PERP+0.1764%1h0.000003633+0.085%$56K$23K10xas long as short
Kraken Futures PF_BONKUSD+0.2966%1h0.000003640+0.277%$224K$221K50xas long as short