Funding you earn now, next payment 03:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.087%
Price spread now: Orderly against Reya−0.012%7-day average — · you buy dearer than you sell
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya kBONKRUSDPERP | 0.000003399 | 0.0083 | pay 0.0010% / 1h | 33m 35s | $4 | — | 15x |
| Short | Orderly PERP_1000BONK_USDC | 0.000003399 | 0.0049 | get 0.0024% / 4h | 1h 33m | $29K | $58K | 20x |
Reya kBONKRUSDPERP
Orderly PERP_1000BONK_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$7.14
- Price spread: −0.012% → 0.000%
- −$1.22
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.36
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Reya and Orderly: 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 | 0.000003380 | −0.571% | $45K | $31K | 50x | as long as short |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003418 | +0.547% | $951K | $15.2M | 75x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003398 | −0.032% | $12K | $3K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | 0.0000% | 1h | 0.000003398 | −0.042% | $2K | $110K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003399 | −0.012% | $23 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −3.689% | $3K | $113 | 5.5x | as long as short |
| Orderly PERP_1000BONK_USDCshort | +0.0049% | 4h | 0.000003399 | −0.012% | $29K | $58K | 20x | |
| Reya kBONKRUSDPERPlong | +0.0083% | 1h | 0.000003399 | long leg | $4 | — | 15x | |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003401 | +0.047% | $224K | $670K | 10x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003403 | +0.091% | $27K | $97K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
BloFin 1000BONK-USDT
dYdX BONK-USD
Deribit 1000BONK_USDC-PERPETUAL
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Lighter 1000BONK
Nado kBONK-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003400 | +0.023% | $79K | $250K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003400 | +0.017% | $114K | $108K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003400 | +0.008% | $16.0M | $56.9M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003399 | −0.015% | $10.8M | $17.9M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003401 | +0.047% | $2.5M | $8.4M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003398 | −0.042% | $844K | $2.7M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003397 | −0.071% | $9.6M | $7.1M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003396 | −0.095% | $2.6M | $9.8M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003394 | −0.159% | $4.3M | $3.0M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003398 | −0.042% | — | $6.5M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003403 | +0.105% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003409 | +0.277% | $310K | $133K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003413 | +0.400% | $57K | $707K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003403 | +0.105% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003401 | +0.047% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003411 | +0.341% | $97K | $119K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003400 | +0.004% | $22K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003396 | −0.100% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −11.750% | $569 | — | 100x | as long as short |
| Hyperliquid kBONK | +0.0747% | 1h | 0.000003403 | +0.105% | $10.1M | $4.7M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2037% | 1h | 0.000003411 | +0.341% | $220K | $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