Funding arb · Price arb /

BONK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against OKX0.000%7-day average — · you sell dearer than you buy

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

Long on OKX Short on SunX

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—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BONK-USDT-SWAP	0.000003536	0.0100	pay 0.0100% / 8h	3h 17m	$2.6M	$10.0M	20x
Short	SunX BONK-USDT	0.000003536	0.0100	get 0.0050% / 4h	3h 17m	$2K	$12K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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 OKXbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$18
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 1 min ago; SunX: 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 OKX live order book, 1 min ago	1.42 bp	17.2 bp −$17	50.3 bp −$503	doesn't fit	doesn't fit
Sell SunX no order-book sample	—	—	—	—	—

SunX: 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	−0.0312%	1h	0.000003529	−0.198%	$44K	$40K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003526	−0.272%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003531	−0.139%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−7.410%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0082%	4h	0.000003534	−0.057%	$30K	$54K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003531	−0.143%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003531	−0.127%	$39K	$108K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003536	0.000%	$82K	$250K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003530	−0.170%	$120K	$110K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003536	0.000%	$17.5M	$64.0M	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	0.000003534	−0.054%	$11.5M	$19.8M	50x	as long as short
OKX BONK-USDT-SWAPlong	+0.0100%	8h	0.000003536	long leg	$2.6M	$10.0M	20x
Gate BONK_USDT	+0.0100%	4h	0.000003532	−0.113%	$884K	$2.8M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003529	−0.198%	$10.0M	$7.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003536	+0.003%	$3.0M	$10.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003530	−0.170%	$4.5M	$3.3M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003533	−0.085%	—	$4.8M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003518	−0.512%	$326K	$140K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003548	+0.339%	$60K	$706K	25x	as long as short
SunX BONK-USDTshort	+0.0100%	4h	0.000003536	0.000%	$2K	$12K	20x
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003535	−0.028%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003543	+0.198%	$100K	$121K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003533	−0.099%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003533	−0.085%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0105%	4h	0.000003530	−0.170%	$1.0M	$16.7M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−15.158%	$590	—	100x	as long as short
Lighter 1000BONK	+0.0232%	1h	0.000003540	+0.113%	$248K	$692K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0599%	1h	0.000003536	0.000%	$6K	$123K	10x	as long as short
Hyperliquid kBONK	+0.0845%	1h	0.000003535	−0.028%	$10.4M	$5.0M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1458%	1h	0.000003537	+0.028%	$48K	$16K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2371%	1h	0.000003542	+0.171%	$226K	$176K	50x	as long as short