data as of
Settings8H · net · $10k
Funding arb /

BONK

all BONK markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0312%/8h
paid, last 24h−0.066%paid, last 5 days−0.131%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid -0.131% in total (about -10.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_1000BONK_USDC0.000003372−0.0096get 0.0048% / 4h1h 12m$29K$43K20x
ShortCoinbase International 1000BONK-PERP-INTX0.000003356−0.0408pay 0.0051% / 1h12m 42s$43K$20K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$65.47
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$81.47
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Coinbase International: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.474%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Coinbase International no order-book sample
Orderly and Coinbase International: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTXshort−0.0408%1h$43K$20K50x
BloFin 1000BONK-USDT−0.0140%4h$1.0M$12.4M75xas long as short
Orderly PERP_1000BONK_USDClong−0.0096%4h$29K$43K20x
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h$1K150xas long as short
dYdX BONK-USD0.0000%1h$12K$3K10xas long as short
Injective BONK/USDC PERP+0.0033%1h$3K$19K5.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0047%1h$11K$100K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h$415xas long as short
Lighter 1000BONK+0.0096%1h$200K$273K10xas long as short
Nado kBONK-PERP+0.0100%1h$19K$100K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h$65K$238K10xas long as short
Pacifica kBONK+0.0100%1h$113K$111K10xas long as short
Binance 1000BONKUSDT+0.0100%4h$15.2M$46.9M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h$10.1M$15.3M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h$2.4M$7.2M20xas long as short
Gate BONK_USDT+0.0100%4h$748K$2.4M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h$10.0M$6.2M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h$2.8M$9.2M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h$4.2M$2.9M75xas long as short
BingX 1000BONK-USDT+0.0100%4h$8.2Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h$31K$6K10xas long as short
Variational Omni 1000BONK+0.0100%4h$302K$107Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h$57K$684K25xas long as short
SunX BONK-USDT+0.0100%4h$2K$11K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h$80K$116K30xas long as short
Extended 1000BONK-USD+0.0104%1h$22K$2K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h$564100xas long as short
Kraken Futures PF_BONKUSD+0.0811%1h$170K$142K50xas long as short
Hyperliquid kBONK+0.0877%1h$10.2M$6.6M10xas long as short