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

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0331%/8h= −36.3% APRnext payment $0.41 per $10,000 · paid last 24h +0.092%
Price spread now: dYdX against Deribit−0.017%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit 1000BONK_USDC-PERPETUAL0.0000034450.0331pay 0.0041% / 1h17m 45s$2K$110K10x
ShortdYdX BONK-USD0.0000034440get 0.0000% / 1h17m 45s$13K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$69.53
Price spread: −0.017% → 0.000%
−$1.7
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$88.23
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 16 min ago; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 16 min ago8.77 bp15.2 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 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%1h0.000003435−0.290%$44K$27K50xas long as short
Orderly PERP_1000BONK_USDC−0.0002%4h0.000003440−0.145%$29K$58K20xas long as short
dYdX BONK-USDshort0.0000%1h0.000003444−0.017%$13K$3K10x
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003444−0.041%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−4.964%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003438−0.207%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003446+0.029%$232K$671K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003438−0.203%$27K$114K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003441−0.116%$66K$254K10xas long as short
Pacifica kBONK+0.0100%1h0.000003447+0.058%$114K$123K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003432−0.387%$16.1M$57.1M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003431−0.412%$10.9M$17.9M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003434−0.319%$2.5M$8.4M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003433−0.348%$775K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003430−0.435%$9.5M$6.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003432−0.383%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003429−0.464%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003431−0.406%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003440−0.135%$313K$127Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003443−0.058%$58K$709K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003448+0.087%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003444−0.029%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003459+0.406%$98K$149K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003432−0.375%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003439−0.174%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−12.917%$576100xas long as short
Deribit 1000BONK_USDC-PERPETUALlong+0.0331%1h0.000003445long leg$2K$110K10x
Backpack kBONK_USDC_PERP+0.0382%1h0.000003440−0.145%$30K$7K10xas long as short
Hyperliquid kBONK+0.1003%1h0.000003442−0.087%$10.2M$7.6M10xas long as short
Kraken Futures PF_BONKUSD+0.2041%1h0.000003452+0.194%$215K$165K50xas long as short