BONK

Alert

Funding spread now, next payment 17:00 UTC−0.0154%/8h

paid, last 24h−0.153%paid, last 3 days−0.361%to open and closeno order book

Long on Variational Omni Short on Deribit

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni 1000BONK	0.000003278	0.0100	pay 0.0050% / 4h	3h 03m	$293K	$164K	—
Short	Deribit 1000BONK_USDC-PERPETUAL	0.000003285	−0.0054	pay 0.0007% / 1h	3m 58s	$12K	$90K	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 DeribitbpOrdersRate

Funding earned: −$32.41
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$39.41
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 41 min ago; Deribit: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.214%
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, 41 min ago	7.43 bp	doesn't fit	49.1 bp −$491	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.0520%	1h	$42K	$20K	50x	as long as short
Orderly PERP_1000BONK_USDC	−0.0207%	4h	$28K	$42K	20x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	$1.0M	$13.2M	75x	as long as short
Deribit 1000BONK_USDC-PERPETUALshort	−0.0054%	1h	$12K	$90K	10x
dYdX BONK-USD	0.0000%	1h	$12K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	$23	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	$3K	$37K	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	$4	—	15x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0094% / S −0.0748%	1h	$210	—	100x	as long as short
ApeX Omni 1000BONKUSDT	+0.0095%	1h	$55K	$686K	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Nado kBONK-PERP	+0.0100%	1h	$21K	$102K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	$57K	$246K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	$111K	$110K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	$14.7M	$47.0M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	$9.8M	$15.2M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	$2.4M	$6.9M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	$699K	$2.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	$10.5M	$6.3M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	$2.8M	$9.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	$4.1M	$2.8M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	—	$7.7M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	$30K	$6K	10x	as long as short
Variational Omni 1000BONKlong	+0.0100%	4h	$293K	$164K	—
SunX BONK-USDT	+0.0100%	4h	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	$77K	$110K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	$21K	$623K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	$4K	—	3x	as long as short
Lighter 1000BONK	+0.0256%	1h	$211K	$269K	10x	as long as short
Hyperliquid kBONK	+0.0826%	1h	$9.8M	$6.4M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.0945%	1h	$166K	$162K	50x	as long as short