Funding you earn now, next payment 03:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h −0.026%
Price spread now: Nado against Reya+0.107%7-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
=Together, before fees—+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.107% 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya kBONKRUSDPERP | 0.000003377 | 0.0083 | pay 0.0010% / 1h | 12m 06s | $4 | — | 15x |
| Short | Nado kBONK-PERP | 0.000003380 | 0.0100 | get 0.0012% / 1h | 12m 06s | $27K | $97K | 10x |
Reya kBONKRUSDPERP
Nado kBONK-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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: +0.107% → 0.000%
- $10.66
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $1.26
- Costs to cover
- 0.130%
- Break-even
- 4.6 days
Slippage unknown: Reya: no order-book sample; Nado: live order book, 41 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 Nado live order book, 41 min ago | 1.46 bp | 18.4 bp −$18 | doesn't fit | 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 | −0.0336% | 1h | 0.000003379 | +0.062% | $43K | $34K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003380 | +0.102% | $12K | $3K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | 0.0000% | 1h | 0.000003375 | −0.056% | $2K | $110K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003373 | −0.113% | $23 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −3.047% | $3K | $113 | 5.5x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0063% | 4h | 0.000003375 | −0.056% | $29K | $57K | 20x | as long as short |
| Reya kBONKRUSDPERPlong | +0.0083% | 1h | 0.000003377 | long leg | $4 | — | 15x | |
| BloFin 1000BONK-USDT | +0.0094% | 4h | 0.000003391 | +0.418% | $955K | $15.0M | 75x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003378 | +0.033% | $223K | $670K | 10x | as long as short |
| Nado kBONK-PERPshort | +0.0100% | 1h | 0.000003380 | +0.107% | $27K | $97K | 10x |
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
BloFin 1000BONK-USDT
Lighter 1000BONKShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003381 | +0.119% | $78K | $250K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003384 | +0.210% | $114K | $104K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003375 | −0.042% | $16.0M | $57.5M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003374 | −0.080% | $10.7M | $18.1M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003374 | −0.086% | $2.5M | $8.5M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003373 | −0.116% | $838K | $2.7M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003376 | −0.027% | $9.5M | $7.1M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003376 | −0.041% | $2.6M | $9.8M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003372 | −0.145% | $4.2M | $3.0M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003375 | −0.056% | — | $6.5M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003376 | −0.027% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003410 | +0.975% | $310K | $133K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003404 | +0.802% | $57K | $706K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003381 | +0.121% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003375 | −0.056% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003387 | +0.299% | $96K | $119K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003373 | −0.112% | $22K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003376 | −0.027% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −11.161% | $565 | — | 100x | as long as short |
| Hyperliquid kBONK | +0.0796% | 1h | 0.000003381 | +0.121% | $10.0M | $4.7M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2055% | 1h | 0.000003381 | +0.116% | $218K | $174K | 50x | as long as short |
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Kraken Futures PF_BONKUSD