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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0101%/8h= −11.0% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against SoDEX−0.047%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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.047% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000BONK-USD0.0000033850.0100pay 0.0013% / 1h52m 58s$2K$6K10x
ShortgTrade (Gains Network) BONK/USD0.000003383L 0.0000% / S +0.0001%pay 0.0000% / 1h52m 58s$1K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21.17
Price spread: −0.047% → 0.000%
−$4.73
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$43.9
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
SoDEX and gTrade (Gains Network): 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%1h0.000003366−0.561%$43K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003383−0.059%$1.0M$14.2M75xas long as short
Orderly PERP_1000BONK_USDC−0.0063%4h0.000003382−0.089%$29K$40K20xas long as short
gTrade (Gains Network) BONK/USDshortL 0.0000% / S +0.0001%1h0.000003383−0.047%$1K150x
dYdX BONK-USD0.0000%1h0.000003380−0.148%$12K$3K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.279%$3K$1135.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0046%1h0.0000033850.000%$2K$110K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003384−0.030%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003386+0.030%$253K$357K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003383−0.044%$20K$106K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003381−0.125%$65K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003381−0.118%$114K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003384−0.030%$15.6M$53.2M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003383−0.059%$10.5M$17.0M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003384−0.030%$2.5M$7.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003381−0.118%$728K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003382−0.089%$9.9M$6.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003384−0.035%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003382−0.089%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003382−0.089%$8.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003384−0.028%$304K$119Kas long as short
SunX BONK-USDT+0.0100%4h0.000003388+0.089%$2K$12K20xas long as short
SoDEX 1000BONK-USDlong+0.0100%1h0.000003385long leg$2K$6K10x
HTX BONK-USDT+0.0100%4h0.000003390+0.148%$93K$153K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003383−0.066%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003373−0.355%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−11.374%$566100xas long as short
Backpack kBONK_USDC_PERP+0.0309%1h0.000003388+0.089%$30K$7K10xas long as short
ApeX Omni 1000BONKUSDT+0.0495%1h0.000003380−0.148%$57K$703K25xas long as short
Hyperliquid kBONK+0.0630%1h0.000003392+0.207%$10.0M$7.5M10xas long as short
Kraken Futures PF_BONKUSD+0.1471%1h0.000003388+0.077%$207K$156K50xas long as short