BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0264%/8h= −28.9% APRnext payment −$0.33 per $10,000 · paid last 24h −0.034%

Price spread now: dYdX against Lighter−0.016%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter 1000BONK	0.000003391	0.0264	pay 0.0033% / 1h	39m 46s	$231K	$666K	10x
Short	dYdX BONK-USD	0.000003390	0	get 0.0000% / 1h	39m 46s	$12K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Lighter. 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 LighterbpFee dYdXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$55.44
Price spread: −0.016% → 0.000%: −$1.6
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$67.04
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 11 min ago; dYdX: 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 Lighter live order book, 11 min ago	2.93 bp	14.9 bp −$15	36.2 bp −$362	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0336%	1h	0.000003369	−0.649%	$43K	$26K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003414	+0.678%	$939K	$14.9M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0018%	4h	0.000003372	−0.560%	$29K	$49K	20x	as long as short
dYdX BONK-USDshort	0.0000%	1h	0.000003390	−0.016%	$12K	$3K	10x
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003369	−0.655%	$23	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.450%	$3K	$113	5.5x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0046%	1h	0.000003377	−0.413%	$2K	$110K	10x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003367	−0.708%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003364	−0.781%	$25K	$115K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003379	−0.348%	$65K	$253K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003389	−0.059%	$112K	$125K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003389	−0.046%	$15.9M	$56.0M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003389	−0.065%	$10.7M	$17.6M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003388	−0.088%	$2.5M	$8.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003378	−0.383%	$735K	$2.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003390	−0.029%	$9.4M	$6.8M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003390	−0.029%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003388	−0.088%	$4.3M	$3.1M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003389	−0.059%	—	$4.7M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003379	−0.355%	$309K	$127K	—	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003388	−0.088%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003380	−0.324%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003372	−0.560%	$95K	$161K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003380	−0.318%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003373	−0.531%	$4K	—	3x	as long as short
ApeX Omni 1000BONKUSDT	+0.0145%	1h	0.000003411	+0.590%	$57K	$714K	25x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−11.531%	$562	—	100x	as long as short
Lighter 1000BONKlong	+0.0264%	1h	0.000003391	long leg	$231K	$666K	10x
Backpack kBONK_USDC_PERP	+0.0299%	1h	0.000003383	−0.236%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0873%	1h	0.000003390	−0.029%	$10.1M	$7.5M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2078%	1h	0.000003391	−0.013%	$211K	$165K	50x	as long as short