BONK

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlow1000BONK-USDC	0.000003030	−0.0205	get 0.0026% / 1h	28m 03s	$29K	$119K	50x	Long TxFlow5% off
SHORT	Lighter1000BONK	0.000003036	+0.0096	get 0.0012% / 1h	28m 03s	$239K	$128K	10x	Short Lighter7d free

Price gap+0.198%

Funding gap+0.0301% /8h

Both sides work: funding pays +$9 a day on $10k, and the gap is 0.033% above its 7d average: +$3 more if it goes back.

If you open now and hold

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

Funding+$48+0.0301% /8h now · paid +0.479% over the last 7D

Price+$3spread +0.198% now, avg +0.165% → +0.033% if it goes back

Costs−$390.392% of $10k · taker + slippage, in and out

Result+$12+0.12%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

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+0.198%

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

4 ok · 2 to watch

Watch: Large against open interest9.9 / 12.7 bp
$10k is over 10% of TxFlow’s open interest.
Note: Margin at max leverage$200 + $1,000
TxFlow 50x, Lighter 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: +$9.02Long TxFlow: 24 payments, +$6.14; short Lighter: 24 payments, +$2.88.
OK: Entry gap works for you+0.198% vs +0.165%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$29K vs $239K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · Lighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Lighter 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+0.0228%/8h × 21 periods+$47.89

Price spread+0.198% → +0.165% (7d avg)+$3.27

Slippage, 4 orderslive order books−$30.23

Fee TxFlow bp × 2 orders−$9.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k+$11.93

Costs to cover0.392%Break-even5.3 days

Slippage: TxFlow: live order book, 35 min ago; Lighter: live order book, 31 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow1.659.9 bp−$1029.2 bp−$292doesn’t fitdoesn’t fit

SELL · SHORTLighter6.5712.7 bp−$1338.9 bp−$389doesn’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 ↗