BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0419%/8h= +45.9% APRnext payment +$0.52 per $10,000 · paid last 24h +0.171%

Price spread now: Reya against Coinbase International−0.060%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Reya

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.060% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International 1000BONK-PERP-INTX	0.000003369	−0.0336	get 0.0042% / 1h	39m 54s	$43K	$26K	50x
Short	Reya kBONKRUSDPERP	0.000003367	0.0083	get 0.0010% / 1h	39m 54s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ReyabpOrdersPrice spread, now −0.060%Rate

Funding earned: $87.96
Price spread: −0.060% → 0.000%: −$5.97
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $65.98
Costs to cover: 0.160%
Break-even: 1.7 days

Slippage unknown: Coinbase International: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Coinbase International and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International 1000BONK-PERP-INTXlong	−0.0336%	1h	0.000003369	long leg	$43K	$26K	50x
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003414	+1.336%	$939K	$14.9M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0018%	4h	0.000003372	+0.089%	$29K	$49K	20x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003369	+0.015%	$12K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003369	−0.006%	$23	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−2.820%	$3K	$113	5.5x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0046%	1h	0.000003377	+0.237%	$2K	$110K	10x	as long as short
Reya kBONKRUSDPERPshort	+0.0083%	1h	0.000003367	−0.060%	$4	—	15x
Nado kBONK-PERP	+0.0100%	1h	0.000003364	−0.134%	$25K	$115K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003378	+0.278%	$65K	$253K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003373	+0.119%	$112K	$125K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003383	+0.405%	$15.9M	$56.0M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003380	+0.335%	$10.7M	$17.6M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003384	+0.445%	$2.5M	$8.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003378	+0.267%	$735K	$2.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003380	+0.327%	$9.4M	$6.8M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003379	+0.297%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003384	+0.445%	$4.3M	$3.1M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003382	+0.386%	—	$4.7M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003379	+0.296%	$309K	$127K	—	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003388	+0.564%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003380	+0.327%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003372	+0.089%	$95K	$161K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003380	+0.333%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003373	+0.119%	$4K	—	3x	as long as short
ApeX Omni 1000BONKUSDT	+0.0145%	1h	0.000003411	+1.247%	$57K	$714K	25x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−10.953%	$562	—	100x	as long as short
Lighter 1000BONK	+0.0264%	1h	0.000003387	+0.534%	$231K	$666K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.0299%	1h	0.000003383	+0.416%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0865%	1h	0.000003388	+0.564%	$10.0M	$7.5M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2078%	1h	0.000003391	+0.640%	$211K	$165K	50x	as long as short