Settings8H · net · $10k
Funding arb · Price arb /

BONK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.029%
Price spread now: dYdX against Aevo+0.222%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.222% dearer against Aevo than usual: you sell high and buy low (spread +0.222% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo 1000BONK-PERP0.0000033640.0104pay 0.0013% / 1h50m 23s$4K3x
ShortdYdX BONK-USD0.0000033710get 0.0000% / 1h50m 23s$12K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aevo. 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

Funding earned
−$21.84
Price spread: +0.222% → 0.000%
$22.18
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$25.66
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell dYdX no order-book sample
Aevo and dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0376%1h0.000003366+0.059%$43K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003371+0.208%$1.0M$14.1M75xas long as short
Orderly PERP_1000BONK_USDC−0.0062%4h0.000003366+0.059%$29K$40K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003369+0.161%$1K150xas long as short
dYdX BONK-USDshort0.0000%1h0.000003371+0.222%$12K$3K10x
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.0000033640.000%$2K$110K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.675%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003368+0.119%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003371+0.223%$19K$106K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003372+0.244%$65K$251K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003373+0.268%$114K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003372+0.232%$15.5M$53.2M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003369+0.161%$10.5M$17.1M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003365+0.030%$2.5M$7.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003371+0.208%$724K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003372+0.238%$9.9M$6.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003371+0.211%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003368+0.119%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003371+0.208%$8.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003371+0.207%$304K$119Kas long as short
SunX BONK-USDT+0.0100%4h0.000003376+0.357%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003365+0.030%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003380+0.476%$93K$153K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003364−0.006%$22K$4K25xas long as short
Aevo 1000BONK-PERPlong+0.0104%1h0.000003364long leg$4K3x
ApeX Omni 1000BONKUSDT+0.0126%1h0.000003384+0.595%$57K$704K25xas long as short
Lighter 1000BONK+0.0176%1h0.000003377+0.386%$262K$368K10xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−10.820%$564100xas long as short
Backpack kBONK_USDC_PERP+0.0276%1h0.000003374+0.297%$30K$7K10xas long as short
Hyperliquid kBONK+0.0577%1h0.000003376+0.357%$9.9M$7.5M10xas long as short
Kraken Futures PF_BONKUSD+0.1477%1h0.000003373+0.255%$206K$156K50xas long as short