BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.025%

Price spread now: gTrade (Gains Network) against Reya−0.064%7-day average — · you buy dearer than you sell

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

Long on Reya Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.064% cheaper against Reya than usual: you would sell low and buy high (−$6 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	Reya kBONKRUSDPERP	0.000003533	0.0083	pay 0.0010% / 1h	7m 53s	$4	—	15x
Short	gTrade (Gains Network) BONK/USD	0.000003531	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	7m 53s	$24	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Reya. 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 ReyabpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.064%Rate

Funding earned: −$17.57
Price spread: −0.064% → 0.000%: −$6.44
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$40.02
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): 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 Reya no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Reya and gTrade (Gains Network): 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	−0.0040%	1h	0.000003532	−0.030%	$43K	$67K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003535	+0.041%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USDshort	L +0.0001% / S +0.0001%	1h	0.000003531	−0.064%	$24	—	150x
Deribit 1000BONK_USDC-PERPETUAL	+0.0033%	1h	0.000003531	−0.059%	$35K	$164K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−7.333%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0077%	4h	0.000003538	+0.139%	$1.1M	$20.4M	75x	as long as short
Reya kBONKRUSDPERPlong	+0.0083%	1h	0.000003533	long leg	$4	—	15x
Nado kBONK-PERP	+0.0100%	1h	0.000003533	+0.012%	$69K	$138K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003534	+0.033%	$59K	$323K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003539	+0.168%	$119K	$161K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000BONKUSDT	+0.0100%	4h	0.000003531	−0.072%	$18.5M	$88.2M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003527	−0.183%	$12.5M	$26.9M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003530	−0.087%	$3.0M	$15.1M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003531	−0.059%	$950K	$3.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003531	−0.059%	$11.5M	$9.8M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003527	−0.164%	$2.9M	$11.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003528	−0.144%	$4.5M	$5.4M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003530	−0.087%	—	$5.0M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003527	−0.184%	$331K	$99K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003530	−0.087%	$59K	$705K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003528	−0.144%	$30K	$51K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003534	+0.026%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003530	−0.087%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003531	−0.059%	$100K	$134K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003530	−0.096%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003529	−0.115%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−15.088%	$539	—	100x	as long as short
Lighter 1000BONK	+0.0464%	1h	0.000003535	+0.054%	$247K	$769K	10x	as long as short
Hyperliquid kBONK	+0.0970%	1h	0.000003534	+0.026%	$12.1M	$8.4M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1768%	1h	0.000003538	+0.139%	$55K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.4508%	1h	0.000003535	+0.059%	$180K	$275K	50x	as long as short