data as of
Settings8H · net · $10k
Funding arb /

BONK

all BONK markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC+0.0312%/8h
paid, last 24h+0.068%paid, last 5 days+0.126%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.126% in total (about 9.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International 1000BONK-PERP-INTX0.000003322−0.0488get 0.0061% / 1h8m 55s$43K$19K50x
ShortOrderly PERP_1000BONK_USDC0.000003315−0.0176pay 0.0088% / 4h2h 08m$28K$42K20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$65.55
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$49.55
Break-even
1.7 days
Slippage unknown: Coinbase International: no order-book sample; Orderly: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.211%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Orderly no order-book sample
Coinbase International and Orderly: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BONK/USDC PERP−0.0694%1h$3K$29K5.5xas long as short
Coinbase International 1000BONK-PERP-INTXlong−0.0488%1h$43K$19K50x
Orderly PERP_1000BONK_USDCshort−0.0176%4h$28K$42K20x
BloFin 1000BONK-USDT−0.0140%4h$1.0M$12.3M75xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.0051%1h$10K$100K10xas long as short
dYdX BONK-USD0.0000%1h$12K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h$23150xas long as short
Reya kBONKRUSDPERP+0.0083%1h$415xas long as short
Lighter 1000BONK+0.0096%1h$213K$247K10xas long as short
Aster 1000BONKUSDT+0.0100%4h$64K$249K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica kBONK+0.0100%1h$113K$108K10xas long as short
Binance 1000BONKUSDT+0.0100%4h$14.8M$46.4M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h$9.9M$15.1M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h$2.4M$7.0M20xas long as short
Gate BONK_USDT+0.0100%4h$706K$2.4M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h$10.2M$6.4M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h$2.7M$9.1M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h$4.1M$2.8M75xas long as short
BingX 1000BONK-USDT+0.0100%4h$8.0Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h$30K$6K10xas long as short
Variational Omni 1000BONK+0.0100%4h$300K$166Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h$56K$686K25xas long as short
Nado kBONK-PERP+0.0100%1h$19K$102K10xas long as short
SunX BONK-USDT+0.0100%4h$2K$11K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h$78K$94K30xas long as short
Extended 1000BONK-USD+0.0104%1h$22K$313K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0170% / S −0.3741%1h$556100xas long as short
Hyperliquid kBONK+0.0827%1h$10.1M$6.5M10xas long as short
Kraken Futures PF_BONKUSD+0.0908%1h$170K$139K50xas long as short