Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.005%
Price spread now: HTX against Reya+0.068%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.068% dearer against Reya than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kBONKRUSDPERP0.0000034560.0083pay 0.0010% / 1h2m 58s$415x
ShortHTX BONK-USDT0.0000034580.0100get 0.0050% / 4h2h 02m$99K$138K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$3.6
Price spread: +0.068% → 0.000%
$6.76
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$7.64
Costs to cover
0.180%
Break-even
21.9 days
Slippage unknown: Reya: no order-book sample; HTX: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell HTX live order book, 46 min ago1.44 bp46.4 bp −$46doesn't fitdoesn't fitdoesn't fit
Reya: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0096%1h0.000003453−0.077%$45K$91K50xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003459+0.108%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−5.257%$3K$1135.5xas long as short
BloFin 1000BONK-USDT+0.0076%4h0.000003467+0.328%$1.1M$19.8M75xas long as short
Reya kBONKRUSDPERPlong+0.0083%1h0.000003456long leg$415x
Lighter 1000BONK+0.0096%1h0.000003470+0.415%$245K$741K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003463+0.219%$47K$225K10xas long as short
Pacifica kBONK+0.0100%1h0.000003459+0.097%$115K$151K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003462+0.183%$17.7M$89.8M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003458+0.068%$12.2M$26.4M50xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BONK-USDT-SWAP+0.0100%8h0.000003459+0.097%$3.0M$14.8M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003461+0.154%$920K$3.4M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003461+0.154%$11.2M$10.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003462+0.192%$2.9M$10.7M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003461+0.154%$4.4M$5.2M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003461+0.154%$5.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003461+0.145%$336K$126Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003475+0.560%$59K$693K25xas long as short
Nado kBONK-PERP+0.0100%1h0.000003455−0.005%$67K$132K10xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003457+0.039%$29K$47K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003464+0.241%$2K$14K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003464+0.241%$2K$10K10xas long as short
HTX BONK-USDTshort+0.0100%4h0.000003458+0.068%$99K$138K30x
Extended 1000BONK-USD+0.0104%1h0.000003461+0.152%$22K$5K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003458+0.068%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−13.186%$528100xas long as short
Hyperliquid kBONK+0.0681%1h0.000003467+0.328%$11.8M$8.3M10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0906%1h0.000003464+0.241%$24K$162K10xas long as short
Backpack kBONK_USDC_PERP+0.1349%1h0.000003469+0.386%$54K$25K10xas long as short
dYdX BONK-USD+0.1374%1h0.000003459+0.099%$13K$12K10xas long as short
Kraken Futures PF_BONKUSD+0.1827%1h0.000003472+0.468%$177K$253K50xas long as short