Funding you earn now, next payment 11:00 UTC+0.0290%/8h= +31.8% APRnext payment +$0.36 per $10,000 · paid last 24h +0.191%
Price spread now: Hyperliquid against ApeX Omni+0.295%104s7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)−0.409%−$41 · spread now +0.295%, 7d avg +0.109%
=Together, before fees−0.066%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.186% dearer against ApeX Omni than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.109%. The two prices were read 104 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 | ApeX Omni 1000BONKUSDT | 0.000003394 | 0.0100 | pay 0.0013% / 1h | 27m 46s | $57K | $693K | 25x |
| Short | Hyperliquid kBONK | 0.000003404 | 0.0390 | get 0.0049% / 1h | 27m 46s | $11.6M | $8.3M | 10x |
ApeX Omni 1000BONKUSDT
Hyperliquid kBONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $60.98
- Price spread: +0.295% → +0.109%
- $18.56
- Slippage, 4 orders
- −$29.58
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $30.96
- Costs to cover
- 0.486%
- Break-even
- 3.4 days
Slippage from ApeX Omni: live order book, 19 min ago; Hyperliquid: live order book, 8 min ago.
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 ApeX Omni live order book, 19 min ago | 7.27 bp | 15.6 bp −$16 | 102.3 bp −$1,023 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.47 bp | 7.8 bp −$8 | 19.7 bp −$197 | doesn't fit | doesn't fit |
BONK on 31 exchanges
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 | −0.0056% | 1h | 0.000003410 | +0.471% | $44K | $89K | 50x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003399 | +0.144% | $23 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −3.536% | $3K | $57 | 5.5x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0044% | 1h | 0.000003401 | +0.206% | $23K | $162K | 10x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003398 | +0.124% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003405 | +0.324% | $241K | $746K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003402 | +0.236% | $47K | $226K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003402 | +0.236% | $113K | $153K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003402 | +0.247% | $17.3M | $90.2M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003405 | +0.321% | $11.8M | $26.6M | 50x | as long as short |
Coinbase International 1000BONK-PERP-INTX
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Deribit 1000BONK_USDC-PERPETUAL
Reya kBONKRUSDPERP
Lighter 1000BONK
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003400 | +0.177% | $3.0M | $14.5M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003399 | +0.147% | $893K | $3.3M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003402 | +0.236% | $10.6M | $10.8M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003401 | +0.200% | $2.8M | $10.6M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003398 | +0.118% | $4.4M | $5.2M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003400 | +0.177% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003393 | −0.038% | $321K | $136K | — | as long as short |
| ApeX Omni 1000BONKUSDTlong | +0.0100% | 1h | 0.000003394 | long leg | $57K | $693K | 25x | |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003398 | +0.118% | $64K | $134K | 10x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003398 | +0.118% | $29K | $46K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003406 | +0.354% | $2K | $14K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003399 | +0.147% | $2K | $9K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003401 | +0.206% | $97K | $138K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003398 | +0.114% | $21K | $5K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003398 | +0.118% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0144% | 4h | 0.000003402 | +0.236% | $1.1M | $19.7M | 75x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0194% / S −0.2801% | 1h | 0.000003000 | −11.609% | $375 | — | 100x | as long as short |
| Hyperliquid kBONKshort | +0.0390% | 1h | 0.000003404 | +0.295% | $11.6M | $8.3M | 10x | |
| Backpack kBONK_USDC_PERP | +0.1305% | 1h | 0.000003404 | +0.295% | $53K | $25K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.1671% | 1h | 0.000003403 | +0.253% | $173K | $254K | 50x | as long as short |
| dYdX BONK-USD | +0.2162% | 1h | 0.000003399 | +0.153% | $13K | $12K | 10x | as long as short |
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
Nado kBONK-PERP
Orderly PERP_1000BONK_USDC
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
BloFin 1000BONK-USDT
GMX BONK/USD [ETH-USDC]
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD
dYdX BONK-USD