BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.14 per $10,000 · paid last 24h +0.849%

Price spread now: Reya against GMX+16.531%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 Reya

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 airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 16.531% dearer against GMX than usual: you sell high and buy low (spread +16.531% now, against zero (this spread has no 7-day history yet)): +$1,653 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 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	43m 02s	$584	—	100x
Short	Reya kBONKRUSDPERP	0.000003496	0.0083	get 0.0010% / 1h	43m 02s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +16.531%Rate

Funding earned: −$23.93
Price spread: +16.531% → 0.000%: $1,653.11
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $1,611.17
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

GMX 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International 1000BONK-PERP-INTX	−0.0312%	1h	0.000003494	+16.467%	$44K	$38K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003500	+16.667%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003497	+16.553%	$24	—	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	+0.0048%	4h	0.000003500	+16.667%	$988K	$16.1M	75x	as long as short
Orderly PERP_1000BONK_USDC	+0.0081%	4h	0.000003495	+16.500%	$30K	$54K	20x	as long as short
Reya kBONKRUSDPERPshort	+0.0083%	1h	0.000003496	+16.531%	$4	—	15x
Lighter 1000BONK	+0.0096%	1h	0.000003502	+16.733%	$240K	$685K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003504	+16.804%	$81K	$249K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003501	+16.700%	$117K	$105K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000BONKUSDT	+0.0100%	4h	0.000003495	+16.507%	$16.9M	$61.2M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003497	+16.580%	$11.4M	$19.4M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003494	+16.467%	$2.5M	$9.6M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003498	+16.600%	$869K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003499	+16.633%	$9.6M	$7.3M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003500	+16.660%	$3.1M	$10.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003492	+16.400%	$4.4M	$3.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003498	+16.600%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003488	+16.263%	$323K	$138K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003495	+16.500%	$59K	$706K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003496	+16.550%	$36K	$102K	10x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003504	+16.800%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003498	+16.600%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003497	+16.567%	$99K	$120K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003493	+16.418%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003496	+16.533%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]long	L +0.0197% / S −0.4340%	1h	0.000003000	long leg	$584	—	100x
Deribit 1000BONK_USDC-PERPETUAL	+0.0322%	1h	0.000003498	+16.600%	$6K	$123K	10x	as long as short
Hyperliquid kBONK	+0.0816%	1h	0.000003502	+16.733%	$10.3M	$4.9M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.0951%	1h	0.000003504	+16.800%	$46K	$8K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2395%	1h	0.000003506	+16.856%	$223K	$178K	50x	as long as short