Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.029%
Price spread now: Nado against Aevo+0.015%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo 1000BONK-PERP0.0000033450.0104pay 0.0013% / 1h49m 14s$4K3x
ShortNado kBONK-PERP0.0000033450.0100get 0.0012% / 1h49m 14s$19K$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
−$0.84
Price spread: +0.015% → 0.000%
$1.49
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$22.35
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Nado: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Nado live order book, 33 min ago2.97 bp14.9 bp −$15doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0248%1h0.000003327−0.538%$42K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003351+0.179%$1.0M$13.2M75xas long as short
Orderly PERP_1000BONK_USDC−0.0071%4h0.000003344−0.030%$29K$41K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003346+0.033%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003347+0.051%$12K$3K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.000003346+0.030%$2K$110K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.123%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003344−0.022%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003352+0.209%$199K$289K10xas long as short
Nado kBONK-PERPshort+0.0100%1h0.000003345+0.015%$19K$107K10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003347+0.066%$64K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003347+0.060%$114K$122K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003347+0.066%$15.1M$51.3M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003349+0.120%$10.1M$16.6M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003346+0.030%$2.4M$7.6M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003344−0.030%$743K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.0000033450.000%$10.0M$6.4M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003347+0.051%$2.6M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003342−0.090%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003346+0.030%$8.0Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003346+0.030%$30K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003345−0.008%$301K$104Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003352+0.209%$57K$696K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003348+0.090%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003347+0.060%$2K$6K10xas long as short
Extended 1000BONK-USD+0.0104%1h0.0000033450.000%$22K$2K25xas long as short
Aevo 1000BONK-PERPlong+0.0104%1h0.000003345long leg$4K3x
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−10.314%$559100xas long as short
HTX BONK-USDT+0.0221%4h0.000003369+0.717%$88K$144K30xas long as short
Hyperliquid kBONK+0.0754%1h0.000003352+0.209%$9.9M$7.3M10xas long as short
Kraken Futures PF_BONKUSD+0.0966%1h0.000003352+0.211%$204K$149K50xas long as short