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

BONK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Extended against SoDEX−0.036%7-day average · you buy dearer than you sell
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 airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.036% cheaper against SoDEX than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000BONK-USD0.0000033970.0100pay 0.0013% / 1h36m 52s$2K$6K10x
ShortExtended 1000BONK-USD0.0000033960.0104get 0.0013% / 1h36m 52s$22K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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
$0.84
Price spread: −0.036% → 0.000%
−$3.57
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.73
Costs to cover
0.130%
Break-even
138.1 days
Slippage unknown: SoDEX: no order-book sample; Extended: 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 SoDEX no order-book sample
Sell Extended no order-book sample
SoDEX and Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0376%1h0.000003384−0.383%$43K$24K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003396−0.029%$1.0M$14.3M75xas long as short
Orderly PERP_1000BONK_USDC−0.0056%4h0.0000033970.000%$29K$40K20xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.0044%1h0.000003396−0.029%$2K$110K10xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003398+0.041%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003395−0.045%$12K$3K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.621%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003396−0.030%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003397−0.015%$18K$104K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003399+0.063%$65K$253K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003398+0.029%$114K$122K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003394−0.084%$15.5M$53.2M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003393−0.130%$10.5M$17.0M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003396−0.029%$2.5M$8.0M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003394−0.088%$727K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003392−0.147%$9.9M$6.8M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003395−0.050%$2.7M$9.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003395−0.059%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003396−0.029%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003394−0.089%$305K$119Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003391−0.177%$57K$705K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003400+0.088%$2K$12K20xas long as short
SoDEX 1000BONK-USDlong+0.0100%1h0.000003397long leg$2K$6K10x
HTX BONK-USDT+0.0100%4h0.000003406+0.265%$93K$153K30xas long as short
Extended 1000BONK-USDshort+0.0104%1h0.000003396−0.036%$22K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.0000033970.000%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−11.687%$568100xas long as short
Lighter 1000BONK+0.0264%1h0.000003402+0.147%$312K$420K10xas long as short
Backpack kBONK_USDC_PERP+0.0301%1h0.000003399+0.059%$30K$7K10xas long as short
Hyperliquid kBONK+0.0621%1h0.000003402+0.147%$10.1M$7.2M10xas long as short
Kraken Futures PF_BONKUSD+0.1464%1h0.000003403+0.187%$208K$156K50xas long as short