BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0502%/8h= +55.0% APRnext payment +$0.63 per $10,000 · paid last 24h −0.059%

Price spread now: Deribit against SoDEX0.000%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Deribit

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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000BONK-USD	0.000003523	0.0100	pay 0.0013% / 1h	50m 01s	$2K	$7K	10x
Short	Deribit 1000BONK_USDC-PERPETUAL	0.000003523	0.0602	get 0.0075% / 1h	50m 01s	$35K	$165K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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 SoDEXbpFee DeribitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $105.48
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $90.48
Costs to cover: 0.150%
Break-even: 1.0 days

Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 19 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 19 min ago	9.76 bp	16.0 bp −$16	doesn't fit	doesn't fit	doesn't fit

SoDEX: 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	0.000003505	−0.511%	$43K	$63K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003516	−0.190%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003510	−0.380%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−7.068%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003512	−0.315%	$4	—	15x	as long as short
BloFin 1000BONK-USDT	+0.0090%	4h	0.000003515	−0.227%	$1.1M	$19.5M	75x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003510	−0.369%	$61K	$133K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003524	+0.028%	$59K	$318K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003505	−0.511%	$116K	$141K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003523	0.000%	$18.2M	$83.9M	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	0.000003520	−0.074%	$12.2M	$25.6M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003526	+0.085%	$2.9M	$14.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003520	−0.085%	$966K	$3.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003525	+0.057%	$11.6M	$9.5M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003523	−0.006%	$3.0M	$10.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003526	+0.085%	$4.6M	$5.0M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003521	−0.057%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003506	−0.488%	$330K	$99K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003513	−0.284%	$59K	$706K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003512	−0.312%	$30K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003530	+0.199%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USDlong	+0.0100%	1h	0.000003523	long leg	$2K	$7K	10x
HTX BONK-USDT	+0.0100%	4h	0.000003511	−0.341%	$100K	$134K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003523	−0.013%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003509	−0.397%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−14.845%	$535	—	100x	as long as short
Lighter 1000BONK	+0.0448%	1h	0.000003523	0.000%	$248K	$755K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUALshort	+0.0602%	1h	0.000003523	0.000%	$35K	$165K	10x
Hyperliquid kBONK	+0.1121%	1h	0.000003532	+0.255%	$12.1M	$8.1M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1377%	1h	0.000003533	+0.284%	$54K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.4509%	1h	0.000003534	+0.323%	$180K	$261K	50x	as long as short