BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against Variational Omni+0.149%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on gTrade (Gains Network)

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.149% dearer against Variational Omni than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni 1000BONK	0.000003493	0.0100	pay 0.0050% / 4h	3h 47m	$322K	$138K	—
Short	gTrade (Gains Network) BONK/USD	0.000003498	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	47m 42s	$24	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Variational Omni. 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 Variational OmnibpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.149%Rate

Funding earned: −$21.17
Price spread: +0.149% → 0.000%: $14.92
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$16.25
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 6 min ago; gTrade (Gains Network): 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 Variational Omni RFQ quote, 6 min ago	5.77 bp	doesn't fit	46.2 bp −$462	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0312%	1h	0.000003502	+0.261%	$44K	$38K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003489	−0.100%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USDshort	L +0.0001% / S +0.0001%	1h	0.000003498	+0.149%	$24	—	150x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.267%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0049%	4h	0.000003491	−0.054%	$974K	$16.0M	75x	as long as short
Orderly PERP_1000BONK_USDC	+0.0081%	4h	0.000003499	+0.175%	$30K	$55K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003499	+0.173%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003498	+0.146%	$235K	$678K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003505	+0.347%	$81K	$251K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003494	+0.032%	$116K	$105K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000BONKUSDT	+0.0100%	4h	0.000003493	+0.011%	$16.9M	$61.0M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003491	−0.063%	$11.4M	$19.3M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003492	−0.025%	$2.6M	$9.5M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003492	−0.025%	$866K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003491	−0.054%	$9.5M	$7.3M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003492	−0.031%	$3.0M	$9.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003490	−0.083%	$4.4M	$3.2M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003492	−0.025%	—	$4.6M	—	as long as short
Variational Omni 1000BONKlong	+0.0100%	4h	0.000003493	long leg	$322K	$138K	—
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003485	−0.226%	$59K	$705K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003499	+0.189%	$36K	$102K	10x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003507	+0.404%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003499	+0.175%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003502	+0.261%	$99K	$120K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003490	−0.082%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003493	+0.003%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−14.111%	$584	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0322%	1h	0.000003498	+0.146%	$6K	$123K	10x	as long as short
Hyperliquid kBONK	+0.0788%	1h	0.000003502	+0.261%	$10.3M	$4.9M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1019%	1h	0.000003500	+0.204%	$32K	$8K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2395%	1h	0.000003506	+0.363%	$223K	$178K	50x	as long as short