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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Binance+0.007%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 7 days−0.026%−$3 · spread now +0.007%, 7d avg −0.007%
Together, before fees+0.142%+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000BONKUSDT0.0000034690.0100pay 0.0050% / 4h1h 56m$16.2M$57.2M75x
ShortBingX 1000BONK-USDT0.0000034690.0100get 0.0050% / 4h1h 56m$4.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$0
Price spread: +0.007% → −0.007%
$1.38
Slippage, 4 orders
−$32.73
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$51.35
Costs to cover
0.527%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 16 min ago1.45 bp11.6 bp −$1227.8 bp −$278204.9 bp −$20.5Kdoesn't fit
Sell BingX live order book, 9 min ago4.38 bp13.9 bp −$1423.9 bp −$23961.1 bp −$6,114503.4 bp −$251.7K

BONK on 30 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−0.0336%1h0.000003464−0.137%$47K$32K50xas long as short
dYdX BONK-USD0.0000%1h0.000003465−0.097%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003467−0.059%$24150xas long as short
Orderly PERP_1000BONK_USDC+0.0027%4h0.000003468−0.022%$30K$58K20xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−5.615%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003471+0.062%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003467−0.051%$226K$667K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003469+0.021%$27K$106K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003466−0.066%$81K$262K10xas long as short
Pacifica kBONK+0.0100%1h0.000003466−0.080%$115K$118K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDTlong+0.0100%4h0.000003469long leg$16.2M$57.2M75x
Bybit 1000BONKUSDT+0.0100%4h0.000003468−0.007%$11.1M$18.0M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003467−0.051%$2.5M$8.5M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003471+0.065%$903K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003472+0.093%$9.7M$6.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003470+0.036%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003466−0.080%$4.4M$3.1M75xas long as short
BingX 1000BONK-USDTshort+0.0100%4h0.000003469+0.007%$4.7M
Backpack kBONK_USDC_PERP+0.0100%1h0.000003447−0.627%$31K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003454−0.429%$315K$133Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003442−0.771%$58K$709K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003477+0.238%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003466−0.080%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003468−0.022%$98K$119K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003464−0.148%$23K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003468−0.022%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−13.514%$580100xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0327%1h0.000003469+0.007%$2K$110K10xas long as short
Hyperliquid kBONK+0.0773%1h0.000003476+0.209%$10.3M$6.4M10xas long as short
Kraken Futures PF_BONKUSD+0.2001%1h0.000003473+0.114%$224K$174K50xas long as short