data as of
Settings8H · net · $10k
Funding arb /

BONK

all BONK markets
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Funding spread now, next payment 19:00 UTC−0.0777%/8h
paid, last 24h−0.026%paid, last 7 days−0.115%to open and close $10k−$56
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kBONK0.0000033790.0877pay 0.0110% / 1h14m 28s$10.2M$6.6M10x
ShortBitget 1000BONKUSDT0.0000033690.0100get 0.0050% / 4h1h 14m$4.2M$2.9M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$163.19
Slippage, 4 orders
−$34.81
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$219.01
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Bitget: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.296%
Avg gap 7d
−0.087%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago1.48 bp12.1 bp −$1227.4 bp −$274doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago2.98 bp17.6 bp −$1831.7 bp −$317doesn't fitdoesn't fit

BONK on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0408%1h$43K$20K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h$1.0M$12.4M75xas long as short
Orderly PERP_1000BONK_USDC−0.0102%4h$29K$43K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h$1K150xas long as short
dYdX BONK-USD0.0000%1h$12K$3K10xas long as short
Injective BONK/USDC PERP+0.0033%1h$3K$19K5.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0046%1h$11K$100K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h$415xas long as short
Lighter 1000BONK+0.0096%1h$200K$273K10xas long as short
Nado kBONK-PERP+0.0100%1h$19K$100K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h$65K$238K10xas long as short
Pacifica kBONK+0.0100%1h$113K$111K10xas long as short
Binance 1000BONKUSDT+0.0100%4h$15.2M$46.9M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h$10.1M$15.3M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h$2.4M$7.2M20xas long as short
Gate BONK_USDT+0.0100%4h$747K$2.4M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h$10.1M$6.2M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h$2.8M$9.2M75xas long as short
Bitget 1000BONKUSDTshort+0.0100%4h$4.2M$2.9M75x
BingX 1000BONK-USDC+0.0100%4h$6.5Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h$31K$6K10xas long as short
Variational Omni 1000BONK+0.0100%4h$302K$107Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h$57K$685K25xas long as short
SunX BONK-USDT+0.0100%4h$2K$11K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h$80K$116K30xas long as short
Extended 1000BONK-USD+0.0104%1h$22K$2K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h$564100xas long as short
Kraken Futures PF_BONKUSD+0.0811%1h$170K$142K50xas long as short
Hyperliquid kBONKlong+0.0877%1h$10.2M$6.6M10x