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

BONK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%
Price spread now: Aster against Extended+0.233%7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.233% dearer against Extended than usual: you sell high and buy low, +$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000BONK-USD0.0000035030.0104pay 0.0013% / 1h27m 27s$23K$4K25x
ShortAster 1000BONKUSDT0.0000035110.0100get 0.0050% / 4h3h 27m$81K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
−$0.84
Price spread: +0.233% → 0.000%
$23.25
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
$9.41
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Extended: no order-book sample; Aster: live order book, 24 min ago. 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 Extended no order-book sample
Sell Aster live order book, 24 min ago10.02 bp20.0 bp −$20doesn't fitdoesn't fitdoesn't fit
Extended: 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%1h0.000003510+0.200%$44K$39K50xas long as short
dYdX BONK-USD0.0000%1h0.000003504+0.040%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003503+0.015%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−6.537%$3K$1135.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0035%1h0.000003507+0.115%$6K$123K10xas long as short
Orderly PERP_1000BONK_USDC+0.0082%4h0.000003506+0.086%$30K$54K20xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003504+0.025%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003505+0.072%$40K$104K10xas long as short
Aster 1000BONKUSDTshort+0.0100%4h0.000003511+0.233%$81K$250K10x
Pacifica kBONK+0.0100%1h0.000003506+0.086%$118K$107K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003508+0.147%$17.2M$62.5M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003506+0.075%$11.4M$19.5M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.0000035030.000%$2.6M$9.8M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003504+0.029%$873K$2.8M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003508+0.143%$9.8M$7.4M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003506+0.089%$3.0M$10.0M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003506+0.086%$4.4M$3.2M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003506+0.086%$4.8Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003521+0.511%$327K$139Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003521+0.514%$59K$706K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003514+0.314%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003506+0.086%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003516+0.372%$100K$121K30xas long as short
Extended 1000BONK-USDlong+0.0104%1h0.000003503long leg$23K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003499−0.114%$4K3xas long as short
BloFin 1000BONK-USDT+0.0113%4h0.000003512+0.257%$996K$16.4M75xas long as short
Lighter 1000BONK+0.0176%1h0.000003511+0.229%$246K$692K10xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−14.359%$586100xas long as short
Hyperliquid kBONK+0.0837%1h0.000003512+0.257%$10.4M$5.0M10xas long as short
Backpack kBONK_USDC_PERP+0.1397%1h0.000003510+0.200%$48K$16K10xas long as short
Kraken Futures PF_BONKUSD+0.2387%1h0.000003518+0.442%$224K$178K50xas long as short