Funding you earn now, next payment 23:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.002%
Price spread now: Variational Omni against Reya+0.596%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 · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.596% dearer against Reya than usual: you sell high and buy low: +$60 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 | 0.000003354 | 0.0083 | pay 0.0010% / 1h | 34m 17s | $4 | — | 15x |
| Short | Variational Omni 1000BONK | 0.000003374 | 0.0100 | get 0.0050% / 4h | 1h 34m | $313K | $112K | — |
Reya kBONKRUSDPERP
Variational Omni 1000BONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.596% → 0.000%
- $59.62
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $57.22
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 50 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 Variational Omni RFQ quote, 50 min ago | 7.40 bp | doesn't fit | 60.7 bp −$607 | 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 | −0.0248% | 1h | 0.000003350 | −0.123% | $43K | $22K | 50x | as long as short |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003368 | +0.414% | $1.0M | $13.3M | 75x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0077% | 4h | 0.000003363 | +0.265% | $29K | $41K | 20x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | −0.0047% | 1h | 0.000003362 | +0.235% | $2K | $110K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L 0.0000% / S +0.0001% | 1h | 0.000003360 | +0.175% | $1K | — | 150x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003367 | +0.373% | $12K | $3K | 10x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −2.389% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERPlong | +0.0083% | 1h | 0.000003354 | long leg | $4 | — | 15x | |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003364 | +0.295% | $195K | $294K | 10x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003354 | +0.011% | $19K | $106K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
BloFin 1000BONK-USDT
Orderly PERP_1000BONK_USDC
Deribit 1000BONK_USDC-PERPETUAL
gTrade (Gains Network) BONK/USD
dYdX 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 | 0.000003361 | +0.204% | $64K | $251K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003365 | +0.325% | $114K | $123K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003360 | +0.175% | $15.2M | $51.5M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003362 | +0.238% | $10.2M | $16.6M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003358 | +0.116% | $2.4M | $7.7M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003355 | +0.026% | $742K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003355 | +0.026% | $10.3M | $6.5M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003359 | +0.146% | $2.7M | $9.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003358 | +0.116% | $4.2M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003359 | +0.146% | — | $8.0M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003370 | +0.474% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONKshort | +0.0100% | 4h | 0.000003374 | +0.596% | $313K | $112K | — | |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003385 | +0.921% | $57K | $698K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003367 | +0.384% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003363 | +0.265% | $2K | $6K | 10x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003361 | +0.202% | $22K | $2K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003363 | +0.265% | $4K | — | 3x | as long as short |
| HTX BONK-USDT | +0.0135% | 4h | 0.000003371 | +0.503% | $91K | $150K | 30x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.4340% | 1h | 0.000003000 | −10.558% | $562 | — | 100x | as long as short |
| Hyperliquid kBONK | +0.0917% | 1h | 0.000003364 | +0.295% | $10.1M | $7.4M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.0961% | 1h | 0.000003371 | +0.507% | $205K | $149K | 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-USDT
Backpack kBONK_USDC_PERP
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
Extended 1000BONK-USD
Aevo 1000BONK-PERP
HTX BONK-USDT
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Kraken Futures PF_BONKUSD