BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.012%

Price spread now: BloFin against Variational Omni−0.088%86s7-day average +0.102% · you buy dearer than you sell

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

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.166%+$17 on $10k

Price spread, last 3 days (all we have)+0.254%+$25 · spread now −0.088%, 7d avg +0.102%

Together, before fees+0.421%+ Points / potential airdropVariational Omni: Active · farm board+$42 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.190% cheaper against Variational Omni than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.102%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.166%, so the current rate has only just turned against you. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni 1000BONK	0.000003394	0.0100	pay 0.0050% / 4h	3h 39m	$305K	$119K	—
Short	BloFin 1000BONK-USDT	0.000003391	−0.0140	pay 0.0070% / 4h	3h 39m	$1.0M	$14.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BloFinbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$50.4
Price spread: −0.088% → +0.102%: −$18.99
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$81.39
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 34 min ago; BloFin: live order book, 4 min ago. 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 Variational Omni RFQ quote, 34 min ago	5.98 bp	doesn't fit	56.8 bp −$568	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	2.95 bp	11.7 bp −$12	25.9 bp −$259	73.6 bp −$7,363	doesn't fit

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	−0.0376%	1h	0.000003383	−0.323%	$43K	$23K	50x	as long as short
BloFin 1000BONK-USDTshort	−0.0140%	4h	0.000003391	−0.088%	$1.0M	$14.3M	75x
Orderly PERP_1000BONK_USDC	−0.0057%	4h	0.000003397	+0.089%	$29K	$40K	20x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	−0.0044%	1h	0.000003395	+0.030%	$2K	$110K	10x	as long as short
gTrade (Gains Network) BONK/USD	L 0.0000% / S +0.0001%	1h	0.000003395	+0.042%	$1K	—	150x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003389	−0.133%	$12K	$3K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.535%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003392	−0.044%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003392	−0.073%	$19K	$103K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003397	+0.103%	$65K	$251K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003389	−0.147%	$114K	$123K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003398	+0.114%	$15.5M	$53.2M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003396	+0.060%	$10.5M	$17.0M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003395	+0.030%	$2.5M	$8.0M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003394	+0.001%	$727K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003396	+0.060%	$9.9M	$6.8M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003396	+0.069%	$2.7M	$9.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003394	+0.001%	$4.3M	$3.1M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003397	+0.089%	—	$8.0M	—	as long as short
Variational Omni 1000BONKlong	+0.0100%	4h	0.000003394	long leg	$305K	$119K	—
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003380	−0.412%	$57K	$705K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003400	+0.178%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003396	+0.060%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003401	+0.207%	$93K	$153K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003394	+0.010%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003396	+0.060%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−11.608%	$567	—	100x	as long as short
Lighter 1000BONK	+0.0280%	1h	0.000003403	+0.266%	$312K	$420K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.0286%	1h	0.000003398	+0.119%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0597%	1h	0.000003403	+0.266%	$10.1M	$7.2M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1465%	1h	0.000003401	+0.208%	$208K	$156K	50x	as long as short