BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.013%

Price spread now: Nado against Injective+10.034%109s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Nado

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 airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 10.034% dearer against Injective than usual: you sell high and buy low: +$1,003 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BONK/USDC PERP	0.000003274	0.0033	pay 0.0004% / 1h	21m 38s	$3K	$113	5.5x
Short	Nado kBONK-PERP	0.000003602	0.0100	get 0.0012% / 1h	21m 38s	$54K	$123K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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 InjectivebpFee NadobpOrdersPrice spread, now +10.034%Rate

Funding earned: $14
Price spread: +10.034% → 0.000%: $1,003.36
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $1,010.34
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Nado: live order book, 57 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Nado live order book, 57 min ago	4.23 bp	13.9 bp −$14	doesn't fit	doesn't fit	doesn't fit

Injective: 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	−0.0016%	1h	0.000003629	+10.843%	$46K	$62K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003614	+10.397%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003620	+10.574%	$25	—	150x	as long as short
Injective BONK/USDC PERPlong	+0.0033%	1h	0.000003274	long leg	$3K	$113	5.5x
BloFin 1000BONK-USDT	+0.0047%	4h	0.000003627	+10.782%	$1.1M	$19.4M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003634	+10.994%	$4	—	15x	as long as short
Nado kBONK-PERPshort	+0.0100%	1h	0.000003602	+10.034%	$54K	$123K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003608	+10.214%	$60K	$303K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003615	+10.415%	$120K	$138K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003603	+10.058%	$18.6M	$80.0M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003598	+9.896%	$12.4M	$24.7M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003601	+9.988%	$3.0M	$13.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003599	+9.927%	$956K	$3.4M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003613	+10.354%	$12.0M	$9.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003599	+9.936%	$3.1M	$10.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003595	+9.805%	$4.6M	$4.7M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003594	+9.774%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003630	+10.869%	$341K	$147K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003622	+10.629%	$61K	$707K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003629	+10.843%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003638	+11.118%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003630	+10.874%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003632	+10.935%	$103K	$131K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003594	+9.763%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003627	+10.782%	$4K	—	3x	as long as short
Lighter 1000BONK	+0.0136%	1h	0.000003624	+10.690%	$253K	$747K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−8.369%	$555	—	100x	as long as short
Hyperliquid kBONK	+0.1272%	1h	0.000003637	+11.087%	$12.5M	$7.9M	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.1403%	1h	0.000003635	+11.026%	$25K	$165K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1752%	1h	0.000003635	+11.026%	$56K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2963%	1h	0.000003644	+11.308%	$225K	$222K	50x	as long as short