Funding you earn now, next payment 06:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h −0.017%
Price spread now: BloFin against Reya+0.961%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.961% dearer against Reya than usual: you sell high and buy low: +$96 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya kBONKRUSDPERP | 0.000003489 | 0.0083 | pay 0.0010% / 1h | 34m 18s | $4 | — | 15x |
| Short | BloFin 1000BONK-USDT | 0.000003523 | 0.0145 | get 0.0072% / 4h | 2h 34m | $1.0M | $17.8M | 75x |
Reya kBONKRUSDPERP
BloFin 1000BONK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13
- Price spread: +0.961% → 0.000%
- $96.09
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $91.09
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 5 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 5.71 bp | 24.3 bp −$24 | 33.6 bp −$336 | 70.3 bp −$7,033 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000BONK-PERP-INTX | −0.0136% | 1h | 0.000003479 | −0.300% | $43K | $47K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003496 | +0.196% | $13K | $3K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | 0.0000% | 1h | 0.000003489 | −0.013% | $9K | $134K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003489 | −0.022% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −6.175% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERPlong | +0.0083% | 1h | 0.000003489 | long leg | $4 | — | 15x | |
| Orderly PERP_1000BONK_USDC | +0.0092% | 4h | 0.000003488 | −0.042% | $30K | $53K | 20x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003490 | +0.015% | $42K | $114K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003499 | +0.281% | $59K | $299K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003501 | +0.330% | $116K | $123K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
Deribit 1000BONK_USDC-PERPETUAL
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Orderly PERP_1000BONK_USDC
Nado kBONK-PERP
Aster 1000BONKUSDT
Pacifica kBONKShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003492 | +0.073% | $17.8M | $71.1M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003488 | −0.036% | $11.5M | $22.2M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003489 | −0.013% | $2.8M | $11.4M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003492 | +0.073% | $924K | $3.1M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003490 | +0.015% | $9.8M | $8.1M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003490 | +0.015% | $3.0M | $10.3M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003487 | −0.071% | $4.5M | $3.9M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003489 | −0.013% | — | $4.9M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003510 | +0.587% | $326K | $141K | — | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003520 | +0.875% | $2K | $13K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003521 | +0.904% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003525 | +1.018% | $100K | $129K | 30x | as long as short |
| Lighter 1000BONK | +0.0104% | 1h | 0.000003507 | +0.502% | $247K | $709K | 10x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003498 | +0.247% | $23K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003487 | −0.071% | $4K | — | 3x | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0134% | 1h | 0.000003514 | +0.703% | $59K | $705K | 25x | as long as short |
| BloFin 1000BONK-USDTshort | +0.0145% | 4h | 0.000003523 | +0.961% | $1.0M | $17.8M | 75x | |
| GMX BONK/USD [ETH-USDC] | L +0.0194% / S −0.2801% | 1h | 0.000003000 | −14.027% | $385 | — | 100x | as long as short |
| Hyperliquid kBONK | +0.1651% | 1h | 0.000003497 | +0.216% | $11.8M | $6.5M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1659% | 1h | 0.000003523 | +0.961% | $46K | $17K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2636% | 1h | 0.000003527 | +1.072% | $216K | $218K | 50x | as long as short |
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Variational Omni 1000BONK
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Lighter 1000BONK
Extended 1000BONK-USD
Aevo 1000BONK-PERP
ApeX Omni 1000BONKUSDT
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD