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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.018%
Price spread now: dYdX against Extended−0.117%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.117% cheaper against Extended than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000BONK-USD0.0000034000.0104pay 0.0013% / 1h44m 03s$22K$2K25x
ShortdYdX BONK-USD0.0000033960get 0.0000% / 1h44m 03s$12K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21.84
Price spread: −0.117% → 0.000%
−$11.66
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$48.5
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; 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 Extended no order-book sample
Sell dYdX no order-book sample
Extended and 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 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−0.0456%1h0.000003342−1.717%$42K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003403+0.077%$1.0M$13.9M75xas long as short
Orderly PERP_1000BONK_USDC−0.0081%4h0.000003401+0.018%$29K$40K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.0000034000.000%$1K150xas long as short
dYdX BONK-USDshort0.0000%1h0.000003396−0.117%$12K$3K10x
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.000003402+0.047%$2K$110K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.717%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003402+0.049%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003399−0.041%$190K$299K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003402+0.037%$65K$251K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003400−0.011%$115K$123K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003398−0.070%$15.4M$52.1M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003393−0.226%$10.3M$16.8M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003398−0.070%$2.5M$7.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003397−0.100%$737K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003399−0.041%$9.9M$6.6M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003398−0.070%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003396−0.129%$4.3M$3.0M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003399−0.041%$8.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003408+0.226%$306K$119Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003400−0.011%$57K$700K25xas long as short
Nado kBONK-PERP+0.0100%1h0.000003401+0.018%$20K$106K10xas long as short
SunX BONK-USDT+0.0100%4h0.000003404+0.106%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003398−0.070%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003403+0.077%$93K$153K30xas long as short
Extended 1000BONK-USDlong+0.0104%1h0.000003400long leg$22K$2K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003404+0.106%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−11.775%$569100xas long as short
Backpack kBONK_USDC_PERP+0.0212%1h0.000003400−0.011%$30K$7K10xas long as short
Hyperliquid kBONK+0.1306%1h0.000003406+0.165%$10.2M$7.2M10xas long as short
Kraken Futures PF_BONKUSD+0.1439%1h0.000003404+0.119%$207K$149K50xas long as short