BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.021%

Price spread now: SoDEX against GMX+14.533%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 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. SoDEX is 14.533% dearer against GMX than usual: you sell high and buy low (spread +14.533% now, against zero (this spread has no 7-day history yet)): +$1,453 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BONK/USD [ETH-USDC]	0.000003000	L +0.0196% / S −0.3950%	pay 0.0024% / 1h	45m 13s	$525	—	100x
Short	SoDEX 1000BONK-USD	0.000003436	0.0100	get 0.0013% / 1h	45m 13s	$2K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +14.533%Rate

Funding earned: −$20.15
Price spread: +14.533% → 0.000%: $1,453.33
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $1,413.18
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

GMX and SoDEX: 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 exchanges

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	−0.0056%	1h	0.000003447	+14.900%	$45K	$90K	50x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003437	+14.563%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	+9.133%	$3K	$57	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003435	+14.489%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003440	+14.667%	$243K	$735K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003434	+14.483%	$66K	$133K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003437	+14.552%	$54K	$218K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003435	+14.500%	$114K	$150K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003440	+14.667%	$17.6M	$89.4M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003437	+14.567%	$12.1M	$26.3M	50x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003440	+14.667%	$3.0M	$14.6M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003432	+14.400%	$905K	$3.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003438	+14.600%	$10.9M	$10.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003437	+14.567%	$2.8M	$10.7M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003435	+14.500%	$4.4M	$5.2M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003431	+14.367%	—	$5.0M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003434	+14.454%	$335K	$126K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003439	+14.633%	$58K	$693K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003437	+14.567%	$29K	$46K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003442	+14.733%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USDshort	+0.0100%	1h	0.000003436	+14.533%	$2K	$10K	10x
HTX BONK-USDT	+0.0100%	4h	0.000003441	+14.700%	$98K	$137K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003434	+14.479%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003435	+14.500%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0149%	4h	0.000003438	+14.600%	$1.1M	$19.7M	75x	as long as short
GMX BONK/USD [ETH-USDC]long	L +0.0196% / S −0.3950%	1h	0.000003000	long leg	$525	—	100x
Deribit 1000BONK_USDC-PERPETUAL	+0.0332%	1h	0.000003440	+14.667%	$24K	$162K	10x	as long as short
Hyperliquid kBONK	+0.0420%	1h	0.000003440	+14.667%	$11.7M	$8.2M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1246%	1h	0.000003439	+14.633%	$54K	$25K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1653%	1h	0.000003440	+14.654%	$175K	$253K	50x	as long as short
dYdX BONK-USD	+0.2319%	1h	0.000003431	+14.366%	$13K	$12K	10x	as long as short