Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.029%
Price spread now: Injective against SoDEX−6.644%62s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.644% cheaper against SoDEX than usual: you would sell low and buy high (−$664 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000BONK-USD | 0.000003507 | 0.0100 | pay 0.0013% / 1h | 46m 02s | $2K | $7K | 10x |
| Short | Injective BONK/USDC PERP | 0.000003274 | 0.0033 | get 0.0004% / 1h | 46m 02s | $3K | $113 | 5.5x |
SoDEX 1000BONK-USD
Injective BONK/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: −6.644% → 0.000%
- −$664.39
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$686.41
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Injective: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
SoDEX and Injective: 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 | −0.0136% | 1h | 0.000003505 | −0.057% | $43K | $46K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003510 | +0.086% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003502 | −0.137% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERPshort | +0.0033% | 1h | 0.000003274 | −6.644% | $3K | $113 | 5.5x | |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0035% | 1h | 0.000003505 | −0.057% | $9K | $134K | 10x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003505 | −0.045% | $4 | — | 15x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0091% | 4h | 0.000003505 | −0.057% | $30K | $53K | 20x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003511 | +0.114% | $248K | $705K | 10x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003507 | +0.014% | $42K | $114K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003513 | +0.179% | $59K | $299K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Deribit 1000BONK_USDC-PERPETUAL
Reya kBONKRUSDPERP
Orderly PERP_1000BONK_USDC
Lighter 1000BONK
Nado kBONK-PERP
Aster 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kBONK | +0.0100% | 1h | 0.000003511 | +0.114% | $119K | $122K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003509 | +0.046% | $17.8M | $70.2M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003506 | −0.040% | $11.6M | $21.9M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003506 | −0.029% | $2.7M | $11.3M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003505 | −0.057% | $917K | $3.0M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003507 | 0.000% | $9.8M | $8.0M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003507 | 0.000% | $3.0M | $10.3M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003506 | −0.029% | $4.5M | $3.8M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003507 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003501 | −0.160% | $326K | $141K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003487 | −0.570% | $59K | $706K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003510 | +0.086% | $2K | $13K | 20x | as long as short |
| SoDEX 1000BONK-USDlong | +0.0100% | 1h | 0.000003507 | long leg | $2K | $7K | 10x | |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003534 | +0.770% | $101K | $130K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003505 | −0.055% | $23K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003504 | −0.086% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0114% | 4h | 0.000003512 | +0.143% | $1.0M | $17.5M | 75x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0194% / S −0.2801% | 1h | 0.000003000 | −14.457% | $387 | — | 100x | as long as short |
| Hyperliquid kBONK | +0.1664% | 1h | 0.000003515 | +0.228% | $11.9M | $6.3M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1710% | 1h | 0.000003512 | +0.143% | $46K | $17K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2648% | 1h | 0.000003511 | +0.126% | $215K | $218K | 50x | as long as short |
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
BloFin 1000BONK-USDT
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD