BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.146%

Price spread now: Coinbase International against Pacifica−0.226%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Coinbase International

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.226% cheaper against Pacifica than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kBONK	0.000003533	0.0100	pay 0.0013% / 1h	19m 06s	$119K	$158K	10x
Short	Coinbase International 1000BONK-PERP-INTX	0.000003525	−0.0040	pay 0.0005% / 1h	19m 06s	$43K	$66K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now −0.226%Rate

Funding earned: −$29.4
Price spread: −0.226% → 0.000%: −$22.64
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$70.04
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 19 min ago; Coinbase International: 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 Pacifica live order book, 19 min ago	5.63 bp	15.1 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

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: 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-INTXshort	−0.0040%	1h	0.000003525	−0.226%	$43K	$66K	50x
dYdX BONK-USD	0.0000%	1h	0.000003529	−0.102%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003529	−0.122%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−7.331%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003530	−0.086%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003529	−0.099%	$69K	$138K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003536	+0.075%	$59K	$319K	10x	as long as short
Pacifica kBONKlong	+0.0100%	1h	0.000003533	long leg	$119K	$158K	10x
Binance 1000BONKUSDT	+0.0100%	4h	0.000003532	−0.028%	$18.5M	$87.5M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003528	−0.142%	$12.4M	$26.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003530	−0.085%	$3.0M	$14.9M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003527	−0.170%	$944K	$3.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003531	−0.057%	$11.2M	$9.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003526	−0.190%	$3.0M	$11.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003529	−0.113%	$4.6M	$5.3M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003528	−0.142%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003531	−0.046%	$332K	$99K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003509	−0.679%	$59K	$706K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003526	−0.198%	$30K	$51K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003535	+0.057%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003529	−0.113%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003531	−0.057%	$100K	$134K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003529	−0.125%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003521	−0.340%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0152%	4h	0.000003535	+0.057%	$1.1M	$20.3M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−15.086%	$539	—	100x	as long as short
Lighter 1000BONK	+0.0440%	1h	0.000003532	−0.028%	$248K	$768K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0602%	1h	0.000003526	−0.198%	$35K	$164K	10x	as long as short
Hyperliquid kBONK	+0.0998%	1h	0.000003536	+0.085%	$12.1M	$8.3M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1673%	1h	0.000003537	+0.113%	$54K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.4511%	1h	0.000003533	0.000%	$180K	$276K	50x	as long as short