Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.005%
Price spread now: SunX against Reya+0.277%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.277% dearer against Reya than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kBONKRUSDPERP0.0000034500.0083pay 0.0010% / 1h0m 33s$415x
ShortSunX BONK-USDT0.0000034600.0100get 0.0050% / 4h2h 00m$2K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$3.6
Price spread: +0.277% → 0.000%
$27.71
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
$17.31
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; SunX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell SunX no order-book sample
Reya and SunX: 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 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0336%1h0.000003446−0.129%$44K$27K50xas long as short
dYdX BONK-USD0.0000%1h0.000003449−0.033%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003454+0.094%$24150xas long as short
Orderly PERP_1000BONK_USDC+0.0024%4h0.000003454+0.103%$30K$58K20xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−5.114%$3K$1135.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0039%1h0.000003457+0.190%$2K$110K10xas long as short
Reya kBONKRUSDPERPlong+0.0083%1h0.000003450long leg$415x
Lighter 1000BONK+0.0096%1h0.000003455+0.132%$225K$678K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003445−0.143%$27K$104K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003455+0.120%$81K$261K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003450−0.013%$115K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003446−0.120%$16.1M$56.9M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003448−0.059%$11.0M$17.8M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003448−0.071%$2.5M$8.4M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003451+0.016%$896K$2.7M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003451+0.016%$9.7M$7.0M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003450−0.007%$2.7M$9.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003449−0.042%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003450−0.013%$4.7Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003454+0.100%$315K$133Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003430−0.592%$58K$708K25xas long as short
SunX BONK-USDTshort+0.0100%4h0.000003460+0.277%$2K$12K20x
SoDEX 1000BONK-USD+0.0100%1h0.000003455+0.132%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003446−0.129%$98K$125K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003448−0.079%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003454+0.103%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−13.055%$577100xas long as short
Backpack kBONK_USDC_PERP+0.0331%1h0.000003455+0.132%$31K$7K10xas long as short
Hyperliquid kBONK+0.1000%1h0.000003459+0.248%$10.3M$6.4M10xas long as short
Kraken Futures PF_BONKUSD+0.2034%1h0.000003463+0.369%$224K$173K50xas long as short