Funding you earn now, next payment 09:00 UTC−0.2262%/8h= −247.7% APRnext payment −$2.83 per $10,000 · paid last 24h −0.067%
Price spread now: Pacifica against Backpack−0.876%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$68 a day on $10k at the current rate, and Pacifica is 0.876% cheaper against Backpack than usual: you would sell low and buy high (−$88 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kBONK_USDC_PERP | 0.000003537 | 0.2362 | pay 0.0295% / 1h | 55m 34s | $54K | $23K | 10x |
| Short | Pacifica kBONK | 0.000003506 | 0.0100 | get 0.0013% / 1h | 55m 34s | $117K | $162K | 10x |
Backpack kBONK_USDC_PERP
Pacifica kBONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Backpack. 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
- −$475.06
- Price spread: −0.876% → 0.000%
- −$87.64
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$580.7
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Pacifica: live order book, 42 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 Backpack no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 42 min ago | 5.63 bp | 22.0 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
Backpack: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000BONK-PERP-INTX | −0.0024% | 1h | 0.000003526 | −0.311% | $42K | $69K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003534 | −0.073% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003528 | −0.266% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −7.436% | $3K | $113 | 5.5x | as long as short |
| BloFin 1000BONK-USDT | +0.0061% | 4h | 0.000003542 | +0.141% | $1.1M | $20.5M | 75x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003529 | −0.228% | $4 | — | 15x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003511 | −0.733% | $58K | $323K | 10x | as long as short |
| Pacifica kBONKshort | +0.0100% | 1h | 0.000003506 | −0.876% | $117K | $162K | 10x | |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003506 | −0.888% | $18.4M | $88.9M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003501 | −1.012% | $12.3M | $27.3M | 50x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
BloFin 1000BONK-USDT
Reya kBONKRUSDPERP
Aster 1000BONKUSDT
Binance 1000BONKUSDT
Bybit 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003504 | −0.933% | $3.0M | $15.1M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003503 | −0.961% | $934K | $3.5M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003504 | −0.933% | $11.4M | $9.8M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003504 | −0.919% | $2.9M | $11.1M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003503 | −0.961% | $4.5M | $5.5M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003507 | −0.848% | — | $5.0M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003526 | −0.313% | $331K | $99K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003528 | −0.254% | $59K | $704K | 25x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003531 | −0.155% | $69K | $138K | 10x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003529 | −0.226% | $30K | $51K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003536 | −0.028% | $2K | $15K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003529 | −0.226% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003541 | +0.113% | $100K | $134K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003504 | −0.945% | $22K | $5K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003527 | −0.283% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.3950% | 1h | 0.000003000 | −15.182% | $538 | — | 100x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0317% | 1h | 0.000003529 | −0.226% | $35K | $164K | 10x | as long as short |
| Lighter 1000BONK | +0.0368% | 1h | 0.000003509 | −0.792% | $245K | $756K | 10x | as long as short |
| Hyperliquid kBONK | +0.0669% | 1h | 0.000003515 | −0.622% | $12.0M | $8.5M | 10x | as long as short |
| Backpack kBONK_USDC_PERPlong | +0.2362% | 1h | 0.000003537 | long leg | $54K | $23K | 10x | |
| Kraken Futures PF_BONKUSD | +0.2934% | 1h | 0.000003538 | +0.025% | $180K | $275K | 50x | as long as short |
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Nado kBONK-PERP
Orderly PERP_1000BONK_USDC
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
Deribit 1000BONK_USDC-PERPETUAL
Lighter 1000BONK
Hyperliquid kBONK
Kraken Futures PF_BONKUSD