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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0343%/8h= −37.6% APRnext payment $0.43 per $10,000 · paid last 24h +0.007%
Price spread now: Reya against ApeX Omni+0.339%63s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Reya is 0.339% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.339% now, against zero (this spread has no 7-day history yet)): +$34 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.3 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000BONKUSDT0.0000035150.0426pay 0.0053% / 1h44m 15s$59K$706K25x
ShortReya kBONKRUSDPERP0.0000035270.0083get 0.0010% / 1h44m 15s$415x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$72.03
Price spread: +0.339% → 0.000%
$33.93
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$54.09
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 4 min ago; Reya: 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, 4 min ago11.33 bp19.2 bp −$19100.3 bp −$1,003doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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−0.0136%1h0.000003522+0.199%$44K$47K50xas long as short
dYdX BONK-USD0.0000%1h0.000003509−0.160%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003525+0.273%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−6.856%$3K$1135.5xas long as short
BloFin 1000BONK-USDT+0.0051%4h0.000003500−0.427%$1.0M$17.5M75xas long as short
Reya kBONKRUSDPERPshort+0.0083%1h0.000003527+0.339%$415x
Orderly PERP_1000BONK_USDC+0.0092%4h0.000003530+0.427%$30K$53K20xas long as short
Lighter 1000BONK+0.0096%1h0.000003511−0.114%$248K$706K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003525+0.299%$42K$114K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003518+0.092%$59K$299K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003508−0.199%$119K$122K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003526+0.300%$17.9M$70.3M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003528+0.370%$11.6M$21.9M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003533+0.512%$2.8M$11.4M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003527+0.341%$926K$3.1M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003531+0.455%$9.9M$8.0M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003528+0.370%$3.0M$10.3M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003536+0.597%$4.5M$3.8M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003525+0.284%$4.8Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003501−0.387%$326K$141Kas long as short
SunX BONK-USDT+0.0100%4h0.000003532+0.484%$2K$13K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003534+0.541%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.0000035150.000%$100K$130K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003533+0.514%$23K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003527+0.341%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0194% / S −0.2801%1h0.000003000−14.651%$389100xas long as short
ApeX Omni 1000BONKUSDTlong+0.0426%1h0.000003515long leg$59K$706K25x
Deribit 1000BONK_USDC-PERPETUAL+0.0600%1h0.000003533+0.512%$9K$134K10xas long as short
Backpack kBONK_USDC_PERP+0.1695%1h0.000003502−0.370%$46K$17K10xas long as short
Hyperliquid kBONK+0.1695%1h0.000003536+0.597%$11.9M$6.3M10xas long as short
Kraken Futures PF_BONKUSD+0.2626%1h0.000003542+0.755%$217K$218K50xas long as short