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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX+0.178%7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.178% dearer against SunX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BONK-USDT0.0000033650.0100pay 0.0050% / 4h1h 28m$2K$12K20x
ShortHTX BONK-USDT0.0000033710.0122get 0.0061% / 4h1h 28m$91K$150K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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
$4.63
Price spread: +0.178% → 0.000%
$17.83
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
$2.46
Costs to cover
0.200%
Break-even
3.3 days
Slippage unknown: SunX: no order-book sample; HTX: live order book, 53 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 SunX no order-book sample
Sell HTX live order book, 53 min ago29.53 bp38.9 bp −$39doesn't fitdoesn't fitdoesn't fit
SunX: 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
Deribit 1000BONK_USDC-PERPETUAL−0.0346%1h0.000003353−0.357%$2K$110K10xas long as short
Coinbase International 1000BONK-PERP-INTX−0.0248%1h0.000003340−0.743%$42K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003359−0.178%$1.0M$13.3M75xas long as short
Orderly PERP_1000BONK_USDC−0.0078%4h0.000003357−0.238%$29K$41K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003357−0.241%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003359−0.190%$12K$3K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.704%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003357−0.235%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003355−0.297%$189K$300K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003360−0.149%$19K$106K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003360−0.141%$64K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003360−0.149%$114K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003358−0.198%$15.1M$51.5M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003358−0.202%$10.2M$16.6M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003353−0.357%$2.4M$7.7M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003357−0.238%$742K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003357−0.238%$10.2M$6.6M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003360−0.160%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003352−0.386%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003358−0.208%$8.0Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003361−0.119%$30K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003352−0.384%$301K$121Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003362−0.089%$57K$699K25xas long as short
SunX BONK-USDTlong+0.0100%4h0.000003365long leg$2K$12K20x
SoDEX 1000BONK-USD+0.0100%1h0.000003353−0.357%$2K$6K10xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003353−0.346%$22K$2K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003357−0.238%$4K3xas long as short
HTX BONK-USDTshort+0.0122%4h0.000003371+0.178%$91K$150K30x
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−10.847%$562100xas long as short
Hyperliquid kBONK+0.0925%1h0.000003367+0.059%$10.1M$7.4M10xas long as short
Kraken Futures PF_BONKUSD+0.0965%1h0.000003358−0.204%$204K$149K50xas long as short