BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h +0.233%

Price spread now: Nado against GMX+21.450%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 Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 21.450% dearer against GMX than usual: you sell high and buy low (spread +21.450% now, against zero (this spread has no 7-day history yet)): +$2,145 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BONK/USD [ETH-USDC]	0.000003000	L +0.0196% / S −0.3950%	pay 0.0025% / 1h	41m 35s	$556	—	100x
Short	Nado kBONK-PERP	0.000003643	0.0100	get 0.0012% / 1h	41m 35s	$53K	$120K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +21.450%Rate

Funding earned: −$20.25
Price spread: +21.450% → 0.000%: $2,145
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $2,105.75
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Nado: live order book, 37 min ago. 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 Nado live order book, 37 min ago	4.23 bp	13.9 bp −$14	doesn't fit	doesn't fit	doesn't fit

GMX: 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	−0.0016%	1h	0.000003623	+20.767%	$44K	$53K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003672	+22.411%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003627	+20.893%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	+9.133%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0063%	4h	0.000003651	+21.700%	$1.1M	$19.2M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003635	+21.164%	$4	—	15x	as long as short
Nado kBONK-PERPshort	+0.0100%	1h	0.000003643	+21.450%	$53K	$120K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003669	+22.308%	$62K	$302K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003676	+22.533%	$123K	$133K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003678	+22.605%	$19.0M	$77.7M	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	0.000003681	+22.687%	$12.5M	$23.9M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003685	+22.833%	$3.0M	$13.4M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003680	+22.667%	$1.0M	$3.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003681	+22.700%	$11.6M	$8.8M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003666	+22.197%	$3.0M	$10.7M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003683	+22.767%	$4.7M	$4.4M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003684	+22.800%	—	$5.1M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003623	+20.779%	$339K	$146K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003639	+21.300%	$61K	$705K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003628	+20.933%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003635	+21.167%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003663	+22.100%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003633	+21.100%	$103K	$131K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003686	+22.856%	$24K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003626	+20.867%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]long	L +0.0196% / S −0.3950%	1h	0.000003000	long leg	$556	—	100x
Lighter 1000BONK	+0.0216%	1h	0.000003679	+22.633%	$255K	$739K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0301%	1h	0.000003630	+21.000%	$25K	$165K	10x	as long as short
Hyperliquid kBONK	+0.1190%	1h	0.000003676	+22.533%	$12.6M	$7.6M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1632%	1h	0.000003654	+21.800%	$56K	$24K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2964%	1h	0.000003643	+21.429%	$224K	$219K	50x	as long as short