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

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0096%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h +3.557%
Price spread now: Pacifica against GMX+13.233%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 airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 13.233% dearer against GMX than usual: you sell high and buy low (spread +13.233% now, against zero (this spread has no 7-day history yet)): +$1,323 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BONK/USD [ETH-USDC]0.000003000L +0.0196% / S −0.4340%pay 0.0025% / 1h27m 59s$566100x
ShortPacifica kBONK0.0000033970.0100get 0.0013% / 1h27m 59s$113K$120K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
−$20.26
Price spread: +13.233% → 0.000%
$1,323.33
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$1,283.07
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 45 min ago. 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 GMX no order-book sample
Sell Pacifica live order book, 45 min ago5.97 bp10.2 bp −$10doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0376%1h0.000003395+13.167%$43K$24K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003403+13.433%$1.0M$14.4M75xas long as short
Orderly PERP_1000BONK_USDC−0.0053%4h0.000003397+13.233%$29K$39K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003391+13.047%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003394+13.145%$12K$3K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274+9.133%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003389+12.983%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003389+12.983%$16K$104K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003393+13.104%$65K$262K10xas long as short
Pacifica kBONKshort+0.0100%1h0.000003397+13.233%$113K$120K10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003393+13.099%$15.4M$53.1M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003392+13.080%$10.6M$17.0M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003396+13.200%$2.5M$7.9M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003394+13.133%$726K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003391+13.033%$9.9M$6.8M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003393+13.113%$2.7M$9.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003396+13.200%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003394+13.133%$7.1Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003387+12.899%$304K$119Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003379+12.633%$57K$706K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003400+13.333%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003395+13.167%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003391+13.033%$93K$152K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003394+13.142%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003393+13.100%$4K3xas long as short
GMX BONK/USD [ETH-USDC]longL +0.0196% / S −0.4340%1h0.000003000long leg$566100x
Backpack kBONK_USDC_PERP+0.0271%1h0.000003397+13.233%$30K$7K10xas long as short
Lighter 1000BONK+0.0312%1h0.000003400+13.333%$322K$441K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0339%1h0.000003397+13.233%$2K$110K10xas long as short
Hyperliquid kBONK+0.0646%1h0.000003401+13.367%$10.1M$7.2M10xas long as short
Kraken Futures PF_BONKUSD+0.1464%1h0.000003402+13.409%$212K$163K50xas long as short