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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Pacifica against HTX+0.116%7-day average −0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2452.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.116%, 7d avg −0.151%
Together, before fees−0.188%+ Points / potential airdropPacifica: Active · farm board−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.268% dearer against HTX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.151%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BONK-USDT0.0000034460.0100pay 0.0050% / 4h2h 00m$98K$125K30x
ShortPacifica kBONK0.0000034500.0100get 0.0013% / 1h0m 41s$115K$123K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against HTX. 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
$0
Price spread: +0.116% → −0.151%
$26.75
Slippage, 4 orders
−$224.94
Fee HTX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$218.19
Costs to cover
2.449%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; Pacifica: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 1 min ago33.26 bp172.6 bp −$173doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago4.35 bp17.9 bp −$18doesn't fitdoesn't fitdoesn't fit

BONK on 30 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−0.0336%1h0.0000034460.000%$44K$27K50xas long as short
dYdX BONK-USD0.0000%1h0.000003449+0.096%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003454+0.223%$24150xas long as short
Orderly PERP_1000BONK_USDC+0.0024%4h0.000003454+0.232%$30K$58K20xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−4.991%$3K$1135.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0039%1h0.000003457+0.319%$2K$110K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003450+0.129%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003455+0.261%$225K$678K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003454+0.236%$81K$261K10xas long as short
Pacifica kBONKshort+0.0100%1h0.000003450+0.116%$115K$123K10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003452+0.174%$16.1M$57.1M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003449+0.078%$11.0M$17.8M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003449+0.087%$2.5M$8.4M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003450+0.116%$896K$2.7M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003451+0.145%$9.7M$7.0M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003450+0.122%$2.7M$9.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003450+0.116%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003450+0.116%$4.7Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003454+0.229%$315K$133Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003430−0.464%$58K$708K25xas long as short
Nado kBONK-PERP+0.0100%1h0.000003450+0.116%$27K$104K10xas long as short
SunX BONK-USDT+0.0100%4h0.000003460+0.406%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003455+0.261%$2K$6K10xas long as short
HTX BONK-USDTlong+0.0100%4h0.000003446long leg$98K$125K30x
Extended 1000BONK-USD+0.0104%1h0.000003451+0.136%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003454+0.232%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−12.943%$577100xas long as short
Backpack kBONK_USDC_PERP+0.0331%1h0.000003455+0.261%$31K$7K10xas long as short
Hyperliquid kBONK+0.1000%1h0.000003459+0.377%$10.3M$6.4M10xas long as short
Kraken Futures PF_BONKUSD+0.2034%1h0.000003463+0.499%$224K$173K50xas long as short