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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.03 per $10,000 · paid last 24h +0.005%
Price spread now: Extended against ApeX Omni−0.390%52s7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.390% cheaper against ApeX Omni than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000BONKUSDT0.0000033840.0126pay 0.0016% / 1h50m 34s$57K$704K25x
ShortExtended 1000BONK-USD0.0000033710.0104get 0.0013% / 1h50m 34s$22K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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
−$4.69
Price spread: −0.390% → 0.000%
−$39.03
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$58.72
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 23 min ago; Extended: 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 ApeX Omni live order book, 23 min ago8.96 bp17.2 bp −$17108.5 bp −$1,085doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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%1h0.000003366−0.532%$43K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003371−0.384%$1.0M$14.1M75xas long as short
Orderly PERP_1000BONK_USDC−0.0063%4h0.000003371−0.384%$29K$40K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003371−0.372%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003371−0.371%$12K$3K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.251%$3K$1135.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0047%1h0.000003372−0.355%$2K$110K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003368−0.473%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003371−0.369%$19K$106K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003372−0.358%$65K$251K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003373−0.325%$114K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003372−0.348%$15.5M$53.2M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003371−0.396%$10.5M$17.1M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003372−0.355%$2.5M$7.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003371−0.384%$724K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003372−0.355%$9.9M$6.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003372−0.363%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003368−0.473%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003372−0.355%$8.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003371−0.385%$304K$119Kas long as short
SunX BONK-USDT+0.0100%4h0.000003378−0.177%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003374−0.296%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003381−0.089%$93K$153K30xas long as short
Extended 1000BONK-USDshort+0.0104%1h0.000003371−0.390%$22K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003369−0.443%$4K3xas long as short
ApeX Omni 1000BONKUSDTlong+0.0126%1h0.000003384long leg$57K$704K25x
Lighter 1000BONK+0.0176%1h0.000003377−0.207%$262K$368K10xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−11.348%$563100xas long as short
Backpack kBONK_USDC_PERP+0.0276%1h0.000003374−0.296%$30K$7K10xas long as short
Hyperliquid kBONK+0.0577%1h0.000003376−0.236%$9.9M$7.5M10xas long as short
Kraken Futures PF_BONKUSD+0.1474%1h0.000003379−0.138%$207K$156K50xas long as short