BONK

Alert

Funding spread now, next payment 20:00 UTC+0.0257%/8h

paid, last 24h+0.008%paid, last 3 days+0.196%to open and closeno order book

Long on Variational Omni Short on Backpack

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni 1000BONK	0.000003385	0.0100	pay 0.0050% / 4h	57m 44s	$305K	$105K	—
Short	Backpack kBONK_USDC_PERP	0.000003385	0.0357	get 0.0045% / 1h	57m 44s	$31K	$6K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee BackpackbpOrdersRate

Funding earned: $53.88
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Backpack: 5 bp × 2 orders: −$10
Net: $43.88
Break-even: 1.3 days

Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Backpack: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.012%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Variational Omni RFQ quote, 38 min ago	7.43 bp	doesn't fit	49.0 bp −$490	doesn't fit	doesn't fit
Sell Backpack no order-book sample	—	—	—	—	—

Backpack: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International 1000BONK-PERP-INTX	−0.0280%	1h	$43K	$20K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	$1.1M	$12.5M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0076%	4h	$29K	$43K	20x	as long as short
gTrade (Gains Network) BONK/USD	L 0.0000% / S +0.0001%	1h	$1K	—	150x	as long as short
dYdX BONK-USD	0.0000%	1h	$12K	$3K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	0.0000%	1h	$11K	$100K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	$3K	$9K	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	$198K	$271K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	$19K	$103K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster 1000BONKUSDT	+0.0100%	4h	$65K	$238K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	$114K	$109K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	$15.2M	$47.1M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	$10.1M	$15.4M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	$2.4M	$7.3M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	$746K	$2.4M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	$10.3M	$6.1M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	$2.8M	$9.3M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	$4.2M	$2.9M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	—	$8.2M	—	as long as short
Variational Omni 1000BONKlong	+0.0100%	4h	$305K	$105K	—
ApeX Omni 1000BONKUSDT	+0.0100%	1h	$57K	$685K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	$2K	$11K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	$80K	$116K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	$22K	$2K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	$565	—	100x	as long as short
Backpack kBONK_USDC_PERPshort	+0.0357%	1h	$31K	$6K	10x
Hyperliquid kBONK	+0.0871%	1h	$10.2M	$6.6M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1241%	1h	$171K	$143K	50x	as long as short