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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against SoDEX−0.088%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.088% cheaper against SoDEX than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000BONK-USD0.0000036340.0100pay 0.0013% / 1h47m 13s$2K$7K10x
ShortKuCoin 1000BONKUSDTM0.0000036310.0100get 0.0050% / 4h1h 47m$3.0M$10.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: −0.088% → 0.000%
−$8.81
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$28.81
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 1 min ago. 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 KuCoin live order book, 1 min ago2.75 bp33.8 bp −$34136.2 bp −$1,362doesn't fitdoesn't fit
SoDEX: 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−0.0016%1h0.000003624−0.275%$44K$53K50xas long as short
dYdX BONK-USD0.0000%1h0.000003636+0.066%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003630−0.107%$25150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−9.906%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003632−0.057%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003646+0.330%$52K$120K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003632−0.063%$61K$301K10xas long as short
Pacifica kBONK+0.0100%1h0.000003638+0.110%$121K$133K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003632−0.063%$18.7M$77.0M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003628−0.165%$12.3M$23.7M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BONK-USDT-SWAP+0.0100%8h0.000003631−0.083%$3.0M$13.1M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003630−0.110%$1.0M$3.2M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003632−0.055%$11.6M$8.7M125xas long as short
KuCoin 1000BONKUSDTMshort+0.0100%4h0.000003631−0.088%$3.0M$10.7M75x
Bitget 1000BONKUSDT+0.0100%4h0.000003632−0.055%$4.6M$4.3M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003633−0.028%$5.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003625−0.250%$339K$146Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003631−0.083%$61K$705K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003626−0.220%$31K$52K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003637+0.083%$2K$14K20xas long as short
SoDEX 1000BONK-USDlong+0.0100%1h0.000003634long leg$2K$7K10x
HTX BONK-USDT+0.0100%4h0.000003632−0.055%$103K$130K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003633−0.041%$24K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003632−0.055%$4K3xas long as short
BloFin 1000BONK-USDT+0.0145%4h0.000003630−0.110%$1.1M$19.0M75xas long as short
GMX BONK/USD [ETH-USDC]L +0.0194% / S −0.2801%1h0.000003000−17.446%$400100xas long as short
Lighter 1000BONK+0.0256%1h0.000003637+0.083%$254K$738K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0301%1h0.0000036340.000%$20K$155K10xas long as short
Hyperliquid kBONK+0.1222%1h0.000003638+0.110%$12.0M$7.3M10xas long as short
Backpack kBONK_USDC_PERP+0.1613%1h0.000003650+0.440%$56K$24K10xas long as short
Kraken Futures PF_BONKUSD+0.2964%1h0.000003643+0.243%$224K$219K50xas long as short