BONK

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlow1000BONK-USDC	0.000003040	+0.0095	pay 0.0012% / 1h	50m 48s	$13K	$133K	50x	Long TxFlow5% off
SHORT	Kraken FuturesPF_BONKUSD	0.000003055	+0.2730	get 0.0341% / 1h	50m 48s	$190K	$179K	25x	Short Kraken Futures

Price gap+0.481%

Funding gap+0.2636% /8h

Both sides work: funding pays +$79 a day on $10k, and the gap is 0.276% above its 7d average: +$28 more if it goes back.

If you open now and hold

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

Funding+$157+0.2636% /8h now · paid +1.565% over the last 7D

Price+$28spread +0.481% now, avg +0.206% → +0.276% if it goes back

Costs−$1201.199% of $10k · taker + slippage, in and out

Result+$64+0.64%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +1.565% in total, about +0.0745%/8h on average.

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+0.481%

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 32 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size10.4 / 25.5 bp
At $10k entering Kraken Futures costs 25.5 bp, fee and slippage, 2.5× TxFlow’s.
Note: Margin at max leverage$200 + $400
TxFlow 50x, Kraken Futures 25x. 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: +$79.08Long TxFlow: 24 payments, −$2.84; short Kraken Futures: 24 payments, +$81.91.
OK: Entry gap works for you+0.481% vs +0.206%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$13K vs $190K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCTxFlow No · Kraken Futures Yes
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Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0745%/8h × 21 periods+$156.53

Price spread+0.481% → +0.206% (7d avg)+$27.56

Slippage, 4 orderslive order books−$100.87

Fee TxFlow bp × 2 orders−$9.00

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k+$64.22

Costs to cover1.199%Break-even4.1 days

Slippage: TxFlow: live order book, 50 min ago; Kraken Futures: live order book, 52 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow1.6410.4 bp−$1025.4 bp−$254doesn’t fitdoesn’t fit

SELL · SHORTKraken Futures11.4825.5 bp−$2693.3 bp−$933doesn’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 ↗