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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.025%
Price spread now: Reya against gTrade (Gains Network)+0.010%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BONK/USD0.000003386L +0.0001% / S +0.0001%pay 0.0000% / 1h46m 37s$23150x
ShortReya kBONKRUSDPERP0.0000033860.0083get 0.0010% / 1h46m 37s$415x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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

Funding earned
$17.28
Price spread: +0.010% → 0.000%
$0.98
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$2.27
Costs to cover
0.160%
Break-even
6.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: 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 gTrade (Gains Network) no order-book sample
Sell Reya no order-book sample
gTrade (Gains Network) and Reya: 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−0.0336%1h0.000003385−0.018%$46K$31K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003390+0.130%$15.1M75xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.0045%1h0.000003385−0.018%$2K$110K10xas long as short
dYdX BONK-USD0.0000%1h0.000003389+0.112%$12K$3K10xas long as short
gTrade (Gains Network) BONK/USDlongL +0.0001% / S +0.0001%1h0.000003386long leg$23150x
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.296%$3K$1135.5xas long as short
Orderly PERP_1000BONK_USDC+0.0039%4h0.000003385−0.018%$29K$58K20xas long as short
Reya kBONKRUSDPERPshort+0.0083%1h0.000003386+0.010%$415x
Lighter 1000BONK+0.0096%1h0.000003395+0.278%$224K$670K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003391+0.159%$27K$101K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003390+0.116%$78K$256K10xas long as short
Pacifica kBONK+0.0100%1h0.000003389+0.100%$114K$115K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003390+0.135%$15.9M$56.9M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003390+0.133%$10.8M$17.9M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003394+0.248%$2.5M$8.3M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003389+0.100%$846K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003389+0.100%$9.7M$6.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003388+0.059%$2.6M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003387+0.041%$4.3M$3.0M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003388+0.071%$6.5Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003389+0.100%$30K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003426+1.188%$311K$133Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003394+0.248%$57K$707K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003391+0.159%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003386+0.012%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003391+0.159%$96K$119K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003387+0.033%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003383−0.077%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−11.389%$566100xas long as short
Hyperliquid kBONK+0.0604%1h0.000003396+0.307%$10.0M$5.3M10xas long as short
Kraken Futures PF_BONKUSD+0.2048%1h0.000003392+0.197%$219K$174K50xas long as short