BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0197%/8h= −21.5% APRnext payment −$0.25 per $10,000 · paid last 24h +0.073%

Price spread now: Aevo against Deribit−0.193%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aevo is 0.193% cheaper against Deribit than usual: you would sell low and buy high (−$19 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	Deribit 1000BONK_USDC-PERPETUAL	0.000003635	0.0301	pay 0.0038% / 1h	48m 48s	$20K	$155K	10x
Short	Aevo 1000BONK-PERP	0.000003628	0.0104	get 0.0013% / 1h	48m 48s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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 DeribitbpFee AevobpOrdersPrice spread, now −0.193%Rate

Funding earned: −$41.27
Price spread: −0.193% → 0.000%: −$19.26
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$83.52
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 25 min ago; Aevo: 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 Deribit live order book, 25 min ago	8.39 bp	11.9 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0016%	1h	0.000003626	−0.248%	$45K	$53K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003629	−0.156%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003631	−0.107%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−9.931%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003629	−0.167%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003624	−0.303%	$51K	$119K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003636	+0.016%	$61K	$301K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003630	−0.138%	$121K	$133K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003638	+0.089%	$18.7M	$76.8M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003630	−0.129%	$12.3M	$23.7M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003636	+0.028%	$3.0M	$13.0M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003631	−0.110%	$1.0M	$3.2M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003637	+0.055%	$11.6M	$8.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003634	−0.025%	$3.0M	$10.7M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003631	−0.110%	$4.6M	$4.3M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003633	−0.055%	—	$5.0M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003625	−0.278%	$339K	$146K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003624	−0.303%	$61K	$705K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003632	−0.083%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003639	+0.110%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003636	+0.028%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003635	0.000%	$103K	$130K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003633	−0.054%	$24K	$4K	25x	as long as short
Aevo 1000BONK-PERPshort	+0.0104%	1h	0.000003628	−0.193%	$4K	—	3x
BloFin 1000BONK-USDT	+0.0111%	4h	0.000003631	−0.110%	$1.1M	$19.0M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−17.469%	$400	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUALlong	+0.0301%	1h	0.000003635	long leg	$20K	$155K	10x
Lighter 1000BONK	+0.0320%	1h	0.000003638	+0.083%	$254K	$738K	10x	as long as short
Hyperliquid kBONK	+0.1231%	1h	0.000003642	+0.193%	$12.1M	$7.3M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1633%	1h	0.000003643	+0.220%	$56K	$24K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2962%	1h	0.000003646	+0.292%	$225K	$219K	50x	as long as short