Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.024%
Price spread now: Reya against Injective+10.595%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Reya is 10.595% dearer against Injective than usual: you sell high and buy low: +$1,059 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | 3m 53s | $3K | $113 | 5.5x |
| Short | Reya kBONKRUSDPERP | 0.000003621 | 0.0083 | get 0.0010% / 1h | 3m 53s | $4 | — | 15x |
Injective BONK/USDC PERP
Reya kBONKRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.4
- Price spread: +10.595% → 0.000%
- $1,059.46
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $1,063.84
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Injective 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 | −0.0136% | 1h | 0.000003624 | +10.690% | $44K | $52K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003625 | +10.729% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003616 | +10.434% | $25 | — | 150x | as long as short |
| Injective BONK/USDC PERPlong | +0.0033% | 1h | 0.000003274 | long leg | $3K | $113 | 5.5x | |
| Reya kBONKRUSDPERPshort | +0.0083% | 1h | 0.000003621 | +10.595% | $4 | — | 15x | |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003618 | +10.522% | $51K | $119K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003625 | +10.717% | $61K | $301K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003629 | +10.843% | $123K | $129K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003620 | +10.560% | $18.7M | $75.5M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003619 | +10.531% | $12.2M | $23.4M | 50x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Nado kBONK-PERP
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003622 | +10.629% | $2.9M | $12.7M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003618 | +10.507% | $980K | $3.3M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003620 | +10.568% | $11.2M | $8.5M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003619 | +10.525% | $3.0M | $10.7M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003618 | +10.507% | $4.6M | $4.2M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003620 | +10.568% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003643 | +11.266% | $337K | $142K | — | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003617 | +10.476% | $31K | $53K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003621 | +10.599% | $2K | $14K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003618 | +10.507% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003631 | +10.904% | $103K | $131K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003617 | +10.491% | $24K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003617 | +10.476% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0158% | 4h | 0.000003645 | +11.332% | $1.1M | $18.8M | 75x | as long as short |
| Lighter 1000BONK | +0.0192% | 1h | 0.000003622 | +10.629% | $253K | $739K | 10x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0194% / S −0.2801% | 1h | 0.000003000 | −8.369% | $399 | — | 100x | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0269% | 1h | 0.000003661 | +11.820% | $62K | $704K | 25x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0579% | 1h | 0.000003620 | +10.568% | $20K | $155K | 10x | as long as short |
| Hyperliquid kBONK | +0.1551% | 1h | 0.000003627 | +10.782% | $12.1M | $7.1M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1649% | 1h | 0.000003623 | +10.660% | $49K | $18K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2562% | 1h | 0.000003629 | +10.850% | $224K | $219K | 50x | as long as short |
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
Orderly PERP_1000BONK_USDC
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
BloFin 1000BONK-USDT
Lighter 1000BONK
GMX BONK/USD [ETH-USDC]
ApeX Omni 1000BONKUSDT
Deribit 1000BONK_USDC-PERPETUAL
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD