BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0217%/8h= +23.8% APRnext payment +$0.27 per $10,000 · paid last 24h −0.088%

Price spread now: Deribit against Aevo+0.835%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Deribit is 0.835% dearer against Aevo than usual: you sell high and buy low: +$83 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo 1000BONK-PERP	0.000003474	0.0104	pay 0.0013% / 1h	30m 39s	$4K	—	3x
Short	Deribit 1000BONK_USDC-PERPETUAL	0.000003503	0.0321	get 0.0040% / 1h	30m 39s	$9K	$134K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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 AevobpFee DeribitbpOrdersPrice spread, now +0.835%Rate

Funding earned: $45.63
Price spread: +0.835% → 0.000%: $83.48
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $106.1
Costs to cover: 0.230%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Deribit: live order book, 48 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 Aevo no order-book sample	—	—	—	—	—
Sell Deribit live order book, 48 min ago	4.26 bp	16.3 bp −$16	doesn't fit	doesn't fit	doesn't fit

Aevo: 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	+0.892%	$43K	$47K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003509	+1.019%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003500	+0.754%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−5.757%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0078%	4h	0.000003506	+0.921%	$1.0M	$17.7M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003502	+0.819%	$4	—	15x	as long as short
Orderly PERP_1000BONK_USDC	+0.0092%	4h	0.000003502	+0.806%	$30K	$53K	20x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003505	+0.907%	$42K	$114K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003509	+1.007%	$58K	$299K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003512	+1.094%	$117K	$123K	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	0.000003518	+1.254%	$18.0M	$71.2M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003510	+1.036%	$11.6M	$22.2M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003516	+1.209%	$2.8M	$11.6M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003506	+0.921%	$925K	$3.1M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003516	+1.209%	$9.9M	$8.1M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003509	+1.002%	$3.0M	$10.3M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003514	+1.151%	$4.5M	$3.9M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003514	+1.151%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003499	+0.733%	$325K	$141K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003497	+0.662%	$59K	$703K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003507	+0.950%	$2K	$13K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003502	+0.806%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003504	+0.864%	$100K	$130K	30x	as long as short
Lighter 1000BONK	+0.0104%	1h	0.000003517	+1.238%	$247K	$714K	10x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003516	+1.196%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERPlong	+0.0104%	1h	0.000003474	long leg	$4K	—	3x
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−13.644%	$387	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUALshort	+0.0321%	1h	0.000003503	+0.835%	$9K	$134K	10x
Backpack kBONK_USDC_PERP	+0.1621%	1h	0.000003508	+0.979%	$46K	$17K	10x	as long as short
Hyperliquid kBONK	+0.1650%	1h	0.000003510	+1.036%	$11.8M	$6.5M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2651%	1h	0.000003507	+0.954%	$215K	$218K	50x	as long as short