Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Pacifica against Lighter0.000%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now 0.000%, 7d avg −0.026%
=Together, before fees−0.064%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board−$6 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 0.026% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000BONK | 0.000003341 | 0.0096 | pay 0.0012% / 1h | 58m 36s | $198K | $289K | 10x |
| Short | Pacifica kBONK | 0.000003341 | 0.0100 | get 0.0013% / 1h | 58m 36s | $114K | $120K | 10x |
Lighter 1000BONK
Pacifica kBONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Lighter. 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
- $0.84
- Price spread: 0.000% → −0.026%
- $2.61
- Slippage, 4 orders
- −$49.86
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$54.42
- Costs to cover
- 0.579%
- Break-even
- 460.5 days
Slippage from Lighter: live order book, 16 min ago; Pacifica: live order book, 24 min ago.
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, 16 min ago | 4.47 bp | 10.8 bp −$11 | 33.5 bp −$335 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 24 min ago | 4.45 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0248% | 1h | 0.000003327 | −0.419% | $42K | $22K | 50x | as long as short |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003341 | 0.000% | $1.0M | $13.1M | 75x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0060% | 4h | 0.000003339 | −0.060% | $29K | $41K | 20x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | −0.0049% | 1h | 0.000003339 | −0.060% | $2K | $110K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L 0.0000% / S +0.0001% | 1h | 0.000003340 | −0.042% | $1K | — | 150x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003340 | −0.040% | $12K | $3K | 10x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −2.005% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003341 | +0.008% | $4 | — | 15x | as long as short |
| Lighter 1000BONKlong | +0.0096% | 1h | 0.000003341 | long leg | $198K | $289K | 10x | |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003339 | −0.045% | $19K | $107K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
BloFin 1000BONK-USDT
Orderly PERP_1000BONK_USDC
Deribit 1000BONK_USDC-PERPETUAL
gTrade (Gains Network) BONK/USD
dYdX BONK-USD
Injective BONK/USDC PERP
Reya kBONKRUSDPERP
Nado kBONK-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003340 | −0.031% | $64K | $251K | 10x | as long as short |
| Pacifica kBONKshort | +0.0100% | 1h | 0.000003341 | 0.000% | $114K | $120K | 10x | |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003341 | 0.000% | $15.0M | $51.2M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003340 | −0.030% | $10.1M | $16.6M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003341 | 0.000% | $2.4M | $7.6M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003338 | −0.090% | $738K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003340 | −0.030% | $10.0M | $6.4M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003339 | −0.072% | $2.6M | $10.0M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003338 | −0.090% | $4.2M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003339 | −0.060% | — | $6.5M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003344 | +0.090% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003332 | −0.258% | $299K | $104K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003333 | −0.239% | $56K | $696K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003340 | −0.030% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003339 | −0.060% | $2K | $6K | 10x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003341 | −0.001% | $22K | $2K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003337 | −0.120% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.4340% | 1h | 0.000003000 | −10.207% | $558 | — | 100x | as long as short |
| HTX BONK-USDT | +0.0393% | 4h | 0.000003338 | −0.090% | $77K | $123K | 30x | as long as short |
| Hyperliquid kBONK | +0.0927% | 1h | 0.000003348 | +0.210% | $9.9M | $7.2M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.0967% | 1h | 0.000003349 | +0.233% | $203K | $149K | 50x | as long as short |
Aster 1000BONKUSDT
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
HTX BONK-USDT
Hyperliquid kBONK
Kraken Futures PF_BONKUSD