Funding you earn now, next payment 09:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.005%
Price spread now: KuCoin against Reya+0.133%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$1 a day on $10k at the current rate, and KuCoin is 0.133% dearer against Reya than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya kBONKRUSDPERP | 0.000003408 | 0.0083 | pay 0.0010% / 1h | 28m 09s | $4 | — | 15x |
| Short | KuCoin 1000BONKUSDTM | 0.000003413 | 0.0100 | get 0.0050% / 4h | 3h 28m | $2.9M | $11.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $3.6
- Price spread: +0.133% → 0.000%
- $13.31
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1.09
- Costs to cover
- 0.180%
- Break-even
- 9.1 days
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 2.86 bp | 23.4 bp −$23 | 128.7 bp −$1,287 | doesn't fit | 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 | −0.0024% | 1h | 0.000003404 | −0.131% | $46K | $81K | 50x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003409 | +0.022% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −3.945% | $3K | $113 | 5.5x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0043% | 1h | 0.000003412 | +0.104% | $33K | $164K | 10x | as long as short |
| Reya kBONKRUSDPERPlong | +0.0083% | 1h | 0.000003408 | long leg | $4 | — | 15x | |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003407 | −0.028% | $65K | $142K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003413 | +0.145% | $47K | $323K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003403 | −0.160% | $113K | $163K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003413 | +0.138% | $17.6M | $90.6M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003411 | +0.080% | $12.1M | $27.5M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003418 | +0.280% | $3.0M | $14.9M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003409 | +0.016% | $899K | $3.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003414 | +0.162% | $11.1M | $10.5M | 125x | as long as short |
| KuCoin 1000BONKUSDTMshort | +0.0100% | 4h | 0.000003413 | +0.133% | $2.9M | $11.1M | 75x | |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003410 | +0.045% | $4.4M | $5.4M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003412 | +0.104% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003433 | +0.718% | $322K | $94K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003432 | +0.691% | $58K | $700K | 25x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003412 | +0.104% | $29K | $51K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003417 | +0.250% | $2K | $15K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003412 | +0.104% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003408 | −0.014% | $97K | $138K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003411 | +0.063% | $22K | $5K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003410 | +0.045% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0126% | 4h | 0.000003411 | +0.074% | $1.1M | $19.5M | 75x | as long as short |
| dYdX BONK-USD | +0.0194% | 1h | 0.000003399 | −0.264% | $13K | $11K | 10x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.3950% | 1h | 0.000003000 | −11.984% | $520 | — | 100x | as long as short |
| Lighter 1000BONK | +0.0248% | 1h | 0.000003417 | +0.250% | $243K | $765K | 10x | as long as short |
| Hyperliquid kBONK | +0.0563% | 1h | 0.000003410 | +0.045% | $11.6M | $8.3M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1710% | 1h | 0.000003421 | +0.368% | $53K | $23K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.3037% | 1h | 0.000003418 | +0.290% | $173K | $273K | 50x | as long as short |
KuCoin 1000BONKUSDTM
Coinbase International 1000BONK-PERP-INTX
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Deribit 1000BONK_USDC-PERPETUAL
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
BloFin 1000BONK-USDT
GMX BONK/USD [ETH-USDC]
Lighter 1000BONK
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD