BONK

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlow1000BONK-USDC	0.000002989	+0.0058	pay 0.0007% / 1h	59m 15s	$30K	$76K	50x	Long TxFlow5% off
SHORT	HyperliquidkBONK	0.000002996	+0.0100	get 0.0013% / 1h	59m 15s	$7.9M	$633K	10x	Short Hyperliquid4% off

Price gap+0.234%

Funding gap+0.0042% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.234% above zero (no 7-day history yet): +$23 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$42+0.0042% /8h now · paid +0.422% over the last 7D

Price—spread +0.234% now · no price history on both exchanges yet

Costs−$370.373% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropTxFlow: points · Hyperliquid: Season 2 · farm boardneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.234%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BONK on 31 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Watch: Large against open interest10.2 / 8.6 bp
$10k is over 10% of TxFlow’s open interest.
Note: Margin at max leverage$200 + $1,000
TxFlow 50x, Hyperliquid 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.27Long TxFlow: 24 payments, −$1.73; short Hyperliquid: 24 payments, +$3.00.
Note: No 7-day spread history+0.234%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$30K vs $7.9M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · Hyperliquid Season 2
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Hyperliquid No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0201%/8h × 21 periods+$42.23

Price spread+0.234% → 0+$23.42

Slippage, 4 orderslive order books−$19.27

Fee TxFlow bp × 2 orders−$9.00

Fee Hyperliquid bp × 2 orders−$9.00

Net · 7 days · $10k+$28.37

Costs to cover0.373%Break-even2.3 days

Slippage: TxFlow: live order book, 63 min ago; Hyperliquid: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow1.6710.2 bp−$1022.8 bp−$228doesn’t fitdoesn’t fit

SELL · SHORTHyperliquid1.678.6 bp−$918.1 bp−$181doesn’t fitdoesn’t fit

Closing costs about the same again.

BONK news

posts that mention BONK, from every exchangeSearch all news →

09-24 20:40	Phoenix	Listing	Now live: $Bonk - 10x leverage. The coin that started it all is now available on Phoenix. @PhoenixTrade on X ↗
09-24 15:00	Phoenix	Listing	new market kBONK ($BONK) seen by our collector
09-22 07:03	ApeX Omni	Other	59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗