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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Aevo against dYdX−0.154%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
Funding pays, the price is against you. Aevo is 0.154% cheaper against dYdX than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.9 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX BONK-USD0.0000034980get 0.0000% / 1h47m 45s$13K$3K10x
ShortAevo 1000BONK-PERP0.0000034930.0104get 0.0013% / 1h47m 45s$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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
$21.84
Price spread: −0.154% → 0.000%
−$15.35
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$19.51
Costs to cover
0.260%
Break-even
13.3 days
Slippage unknown: dYdX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Aevo no order-book sample
dYdX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0312%1h0.000003502+0.104%$44K$38K50xas long as short
dYdX BONK-USDlong0.0000%1h0.000003498long leg$13K$3K10x
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003498−0.008%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−6.414%$3K$1135.5xas long as short
BloFin 1000BONK-USDT+0.0049%4h0.000003491−0.211%$974K$16.0M75xas long as short
Orderly PERP_1000BONK_USDC+0.0081%4h0.000003499+0.018%$30K$55K20xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003499+0.016%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003501+0.075%$235K$678K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003499+0.023%$81K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003497−0.039%$117K$105K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003498−0.011%$17.0M$61.0M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003492−0.194%$11.4M$19.3M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003496−0.068%$2.6M$9.5M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003495−0.096%$867K$2.7M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003499+0.018%$9.5M$7.3M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003499+0.024%$3.0M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003491−0.211%$4.4M$3.2M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003493−0.154%$4.6Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003493−0.157%$322K$138Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003485−0.382%$59K$705K25xas long as short
Nado kBONK-PERP+0.0100%1h0.000003499+0.032%$36K$102K10xas long as short
SunX BONK-USDT+0.0100%4h0.000003507+0.247%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003499+0.018%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003502+0.104%$99K$120K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003494−0.138%$23K$4K25xas long as short
Aevo 1000BONK-PERPshort+0.0104%1h0.000003493−0.154%$4K3x
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−14.246%$584100xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0322%1h0.000003498−0.011%$6K$123K10xas long as short
Hyperliquid kBONK+0.0788%1h0.000003502+0.104%$10.3M$4.9M10xas long as short
Backpack kBONK_USDC_PERP+0.1019%1h0.000003500+0.047%$32K$8K10xas long as short
Kraken Futures PF_BONKUSD+0.2395%1h0.000003506+0.206%$223K$178K50xas long as short