BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h +1.356%

Price spread now: gTrade (Gains Network) against GMX+12.307%7-day average — · you sell dearer than you buy

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

Long on GMX Short on gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 12.307% dearer against GMX than usual: you sell high and buy low (spread +12.307% now, against zero (this spread has no 7-day history yet)): +$1,231 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 7 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BONK/USD [ETH-USDC]	0.000003000	L +0.0197% / S −0.4340%	pay 0.0025% / 1h	1m 10s	$563	—	100x
Short	gTrade (Gains Network) BONK/USD	0.000003369	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	1m 10s	$23	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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 GMXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +12.307%Rate

Funding earned: −$41.44
Price spread: +12.307% → 0.000%: $1,230.67
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $1,167.23
Costs to cover: 0.220%
Break-even: from the start

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

GMX and gTrade (Gains Network): 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-INTX	−0.0336%	1h	0.000003355	+11.833%	$43K	$33K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003369	+12.311%	$12K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USDshort	L +0.0001% / S +0.0001%	1h	0.000003369	+12.307%	$23	—	150x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	+9.133%	$3K	$113	5.5x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0047%	1h	0.000003371	+12.367%	$2K	$110K	10x	as long as short
Orderly PERP_1000BONK_USDC	+0.0067%	4h	0.000003370	+12.333%	$29K	$57K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003368	+12.263%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003375	+12.500%	$223K	$670K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003367	+12.233%	$26K	$96K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003370	+12.321%	$78K	$250K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003369	+12.300%	$113K	$104K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003374	+12.472%	$16.1M	$57.7M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003373	+12.420%	$10.7M	$18.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003375	+12.500%	$2.5M	$8.5M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003370	+12.333%	$824K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003373	+12.433%	$9.4M	$7.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003370	+12.330%	$2.6M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003370	+12.333%	$4.3M	$3.0M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003370	+12.333%	—	$4.8M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003377	+12.567%	$30K	$7K	10x	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003368	+12.260%	$307K	$133K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003363	+12.100%	$57K	$706K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003376	+12.533%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003372	+12.400%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003370	+12.333%	$95K	$119K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003370	+12.319%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003368	+12.267%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0112%	4h	0.000003370	+12.333%	$957K	$15.0M	75x	as long as short
GMX BONK/USD [ETH-USDC]long	L +0.0197% / S −0.4340%	1h	0.000003000	long leg	$563	—	100x
Hyperliquid kBONK	+0.0803%	1h	0.000003380	+12.667%	$10.0M	$4.7M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2055%	1h	0.000003380	+12.678%	$218K	$174K	50x	as long as short