BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0313%/8h= −34.2% APRnext payment −$0.39 per $10,000 · paid last 24h −0.138%

Price spread now: Coinbase International against gTrade (Gains Network)−0.315%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

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 −$9 a day on $10k at the current rate, and Coinbase International is 0.315% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$32 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	gTrade (Gains Network) BONK/USD	0.000003522	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	17m 59s	$24	—	150x
Short	Coinbase International 1000BONK-PERP-INTX	0.000003511	−0.0312	pay 0.0039% / 1h	17m 59s	$44K	$40K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now −0.315%Rate

Funding earned: −$65.64
Price spread: −0.315% → 0.000%: −$31.52
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$117.15
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Coinbase International: 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-INTXshort	−0.0312%	1h	0.000003511	−0.315%	$44K	$40K	50x
dYdX BONK-USD	0.0000%	1h	0.000003522	+0.006%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USDlong	L +0.0001% / S +0.0001%	1h	0.000003522	long leg	$24	—	150x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−7.044%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0082%	4h	0.000003521	−0.031%	$30K	$54K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003518	−0.104%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003519	−0.074%	$39K	$108K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003523	+0.032%	$82K	$250K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003522	−0.003%	$120K	$110K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003532	+0.281%	$17.5M	$64.0M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003527	+0.139%	$11.5M	$19.8M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003524	+0.054%	$2.6M	$10.0M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003524	+0.054%	$882K	$2.8M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003525	+0.082%	$10.0M	$7.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003525	+0.085%	$3.0M	$10.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003522	−0.003%	$4.5M	$3.3M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003527	+0.139%	—	$4.8M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003518	−0.120%	$326K	$140K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003528	+0.168%	$59K	$707K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003528	+0.168%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003524	+0.054%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003533	+0.309%	$100K	$121K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003524	+0.055%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003520	−0.060%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0120%	4h	0.000003535	+0.366%	$1.0M	$16.7M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−14.824%	$588	—	100x	as long as short
Lighter 1000BONK	+0.0224%	1h	0.000003529	+0.196%	$247K	$692K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0318%	1h	0.000003524	+0.054%	$6K	$123K	10x	as long as short
Hyperliquid kBONK	+0.0846%	1h	0.000003531	+0.253%	$10.4M	$5.0M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1448%	1h	0.000003530	+0.224%	$48K	$16K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2377%	1h	0.000003532	+0.284%	$225K	$176K	50x	as long as short