Funding you earn now, next payment 06:00 UTC−0.0602%/8h= −65.9% APRnext payment −$0.75 per $10,000 · paid last 24h +0.058%
Price spread now: gTrade (Gains Network) against Deribit−0.079%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and gTrade (Gains Network) is 0.079% cheaper against Deribit than usual: you would sell low and buy high (−$8 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 | 0.000003529 | 0.0601 | pay 0.0075% / 1h | 47m 45s | $9K | $134K | 10x |
| Short | gTrade (Gains Network) BONK/USD | 0.000003526 | L +0.0001% / S +0.0001% | pay 0.0000% / 1h | 47m 45s | $24 | — | 150x |
Deribit 1000BONK_USDC-PERPETUAL
gTrade (Gains Network) BONK/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$126.33
- Price spread: −0.079% → 0.000%
- −$7.93
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$151.26
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 31 min ago; gTrade (Gains Network): 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, 31 min ago | 4.26 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0136% | 1h | 0.000003509 | −0.567% | $44K | $46K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003520 | −0.255% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USDshort | L +0.0001% / S +0.0001% | 1h | 0.000003526 | −0.079% | $24 | — | 150x | |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −7.226% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003530 | +0.040% | $4 | — | 15x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0090% | 4h | 0.000003526 | −0.085% | $30K | $53K | 20x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003524 | −0.142% | $249K | $705K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003520 | −0.259% | $59K | $299K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003519 | −0.283% | $119K | $122K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003519 | −0.287% | $17.8M | $70.1M | 75x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
Injective BONK/USDC PERP
Reya kBONKRUSDPERP
Orderly PERP_1000BONK_USDC
Lighter 1000BONK
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003517 | −0.343% | $11.6M | $21.8M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003519 | −0.283% | $2.7M | $11.3M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003524 | −0.142% | $922K | $3.0M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003518 | −0.312% | $9.9M | $8.0M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003517 | −0.332% | $3.0M | $10.3M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003521 | −0.227% | $4.5M | $3.8M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003523 | −0.170% | — | $4.8M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003490 | −1.108% | $324K | $141K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003487 | −1.190% | $59K | $706K | 25x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003529 | +0.014% | $42K | $114K | 10x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003534 | +0.142% | $2K | $13K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003528 | −0.028% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003530 | +0.028% | $100K | $130K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003525 | −0.126% | $23K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003522 | −0.198% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0122% | 4h | 0.000003509 | −0.567% | $1.0M | $17.5M | 75x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0194% / S −0.2801% | 1h | 0.000003000 | −14.990% | $389 | — | 100x | as long as short |
| Deribit 1000BONK_USDC-PERPETUALlong | +0.0601% | 1h | 0.000003529 | long leg | $9K | $134K | 10x | |
| Hyperliquid kBONK | +0.1662% | 1h | 0.000003530 | +0.028% | $11.9M | $6.3M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1754% | 1h | 0.000003535 | +0.170% | $46K | $17K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2631% | 1h | 0.000003534 | +0.135% | $217K | $218K | 50x | as long as short |
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Nado kBONK-PERP
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
BloFin 1000BONK-USDT
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD