BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.075%

Price spread now: Orderly against SunX−0.250%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Orderly

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.250% cheaper against SunX than usual: you would sell low and buy high (−$25 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	SunX BONK-USDT	0.000003600	0.0100	pay 0.0050% / 4h	3h 11m	$2K	$13K	20x
Short	Orderly PERP_1000BONK_USDC	0.000003591	0.0083	get 0.0041% / 4h	3h 11m	$31K	$54K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee SunXbpFee OrderlybpOrdersPrice spread, now −0.250%Rate

Funding earned: −$3.66
Price spread: −0.250% → 0.000%: −$25
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$42.66
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: no order-book sample; Orderly: 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 SunX no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

SunX and Orderly: 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	−0.0312%	1h	0.000003583	−0.472%	$45K	$42K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003607	+0.204%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003591	−0.250%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−9.056%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDCshort	+0.0083%	4h	0.000003591	−0.250%	$31K	$54K	20x
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003612	+0.331%	$4	—	15x	as long as short
BloFin 1000BONK-USDT	+0.0088%	4h	0.000003580	−0.556%	$1.0M	$17.1M	75x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003615	+0.431%	$45K	$111K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003606	+0.179%	$83K	$264K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003606	+0.167%	$123K	$110K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000BONKUSDT	+0.0100%	4h	0.000003600	−0.007%	$18.2M	$65.9M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003591	−0.258%	$11.8M	$20.6M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003593	−0.194%	$2.7M	$10.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003600	0.000%	$940K	$2.9M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003601	+0.028%	$10.1M	$7.8M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003598	−0.064%	$3.1M	$10.1M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003594	−0.167%	$4.6M	$3.5M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003592	−0.222%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003540	−1.656%	$328K	$140K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003577	−0.639%	$60K	$707K	25x	as long as short
SunX BONK-USDTlong	+0.0100%	4h	0.000003600	long leg	$2K	$13K	20x
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003596	−0.111%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003596	−0.111%	$102K	$121K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003593	−0.182%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003594	−0.167%	$4K	—	3x	as long as short
Lighter 1000BONK	+0.0192%	1h	0.000003609	+0.250%	$251K	$696K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−16.667%	$399	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0585%	1h	0.000003596	−0.111%	$6K	$123K	10x	as long as short
Hyperliquid kBONK	+0.0985%	1h	0.000003623	+0.639%	$11.9M	$5.9M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1527%	1h	0.000003606	+0.167%	$49K	$16K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2330%	1h	0.000003604	+0.099%	$231K	$195K	50x	as long as short