BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.025%

Price spread now: dYdX against Reya+0.534%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.534% dearer against Reya than usual: you sell high and buy low (spread +0.534% now, against zero (this spread has no 7-day history yet)): +$53 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya kBONKRUSDPERP	0.000003536	0.0083	pay 0.0010% / 1h	21m 57s	$4	—	15x
Short	dYdX BONK-USD	0.000003555	0	get 0.0000% / 1h	21m 57s	$13K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee ReyabpFee dYdXbpOrdersPrice spread, now +0.534%Rate

Funding earned: −$17.4
Price spread: +0.534% → 0.000%: $53.43
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: $20.02
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; dYdX: 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 Reya no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

Reya and dYdX: 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	−0.0040%	1h	0.000003527	−0.267%	$43K	$65K	50x	as long as short
dYdX BONK-USDshort	0.0000%	1h	0.000003555	+0.534%	$13K	$3K	10x
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003538	+0.047%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−7.421%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERPlong	+0.0083%	1h	0.000003536	long leg	$4	—	15x
BloFin 1000BONK-USDT	+0.0092%	4h	0.000003528	−0.238%	$1.1M	$20.2M	75x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003536	+0.002%	$67K	$137K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003540	+0.101%	$59K	$319K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003554	+0.497%	$118K	$149K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003540	+0.094%	$18.4M	$87.2M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003536	+0.002%	$12.4M	$26.5M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003537	+0.016%	$3.0M	$14.9M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003537	+0.016%	$941K	$3.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003533	−0.097%	$11.2M	$9.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003541	+0.127%	$3.0M	$11.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003531	−0.153%	$4.5M	$5.3M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003538	+0.045%	—	$5.1M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003507	−0.836%	$330K	$99K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003508	−0.804%	$59K	$706K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003541	+0.129%	$30K	$51K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003548	+0.327%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003543	+0.186%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003540	+0.101%	$100K	$134K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003536	−0.024%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003536	−0.012%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−15.169%	$540	—	100x	as long as short
Lighter 1000BONK	+0.0456%	1h	0.000003543	+0.186%	$248K	$767K	10x	as long as short
Hyperliquid kBONK	+0.0989%	1h	0.000003540	+0.101%	$12.1M	$8.3M	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.1163%	1h	0.000003543	+0.186%	$35K	$164K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1673%	1h	0.000003544	+0.214%	$55K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.4492%	1h	0.000003548	+0.324%	$181K	$276K	50x	as long as short