BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%

Price spread now: Reya 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

Long on SoDEX Short on Reya

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Reya 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000BONK-USD	0.000003405	0.0100	pay 0.0013% / 1h	18m 30s	$2K	$7K	10x
Short	Reya kBONKRUSDPERP	0.000003403	0.0083	get 0.0010% / 1h	18m 30s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee SoDEXbpFee ReyabpOrdersPrice spread, now −0.047%Rate

Funding earned: −$3.6
Price spread: −0.047% → 0.000%: −$4.68
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: −$22.28
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Reya: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

SoDEX and 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	−0.0320%	1h	0.000003390	−0.441%	$42K	$35K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003399	−0.166%	$12K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003403	−0.056%	$23	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.847%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0051%	4h	0.000003403	−0.059%	$964K	$15.4M	75x	as long as short
Orderly PERP_1000BONK_USDC	+0.0075%	4h	0.000003406	+0.029%	$29K	$55K	20x	as long as short
Reya kBONKRUSDPERPshort	+0.0083%	1h	0.000003403	−0.047%	$4	—	15x
Lighter 1000BONK	+0.0096%	1h	0.000003402	−0.088%	$222K	$672K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003404	−0.015%	$31K	$101K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003403	−0.060%	$79K	$251K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003400	−0.147%	$113K	$109K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003401	−0.125%	$16.5M	$59.7M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003400	−0.141%	$10.8M	$18.7M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003398	−0.206%	$2.5M	$9.0M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003398	−0.206%	$821K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003399	−0.176%	$9.0M	$7.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003399	−0.191%	$2.6M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003396	−0.264%	$4.3M	$3.1M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003400	−0.147%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003398	−0.209%	$309K	$133K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003400	−0.147%	$57K	$704K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003407	+0.059%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USDlong	+0.0100%	1h	0.000003405	long leg	$2K	$7K	10x
HTX BONK-USDT	+0.0100%	4h	0.000003410	+0.147%	$97K	$120K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003398	−0.203%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003405	0.000%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−11.894%	$569	—	100x	as long as short
Backpack kBONK_USDC_PERP	+0.0319%	1h	0.000003407	+0.059%	$30K	$7K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0337%	1h	0.000003407	+0.059%	$2K	$110K	10x	as long as short
Hyperliquid kBONK	+0.0761%	1h	0.000003406	+0.029%	$10.0M	$4.8M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2470%	1h	0.000003413	+0.234%	$220K	$177K	50x	as long as short