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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.4240%/8h= +464.3% APRnext payment +$5.30 per $10,000 · paid last 24h +0.570%
Price spread now: GMX against ApeX Omni−10.634%7-day average · you buy dearer than you sell
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 feesneeds both histories
Funding pays, the price is against you. GMX is 10.634% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −10.634% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,063 on $10k: about 8.4 days of funding at the current rate (+$127 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000BONKUSDT0.0000033570.0100pay 0.0013% / 1h39m 21s$57K$706K25x
ShortGMX BONK/USD [ETH-USDC]0.000003000L +0.0197% / S −0.4340%get 0.0542% / 1h39m 21s$563100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against ApeX 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

Funding earned
$890.37
Price spread: −10.634% → 0.000%
−$1,063.45
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$195.08
Costs to cover
0.220%
Break-even
8.5 days
Slippage unknown: ApeX Omni: live order book, 19 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 19 min ago7.44 bp17.2 bp −$1797.9 bp −$979doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.0320%1h0.000003372+0.447%$43K$33K50xas long as short
dYdX BONK-USD0.0000%1h0.000003371+0.428%$12K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003368+0.334%$23150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.472%$3K$1135.5xas long as short
Orderly PERP_1000BONK_USDC+0.0071%4h0.000003367+0.298%$29K$56K20xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003368+0.341%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003376+0.566%$224K$668K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003367+0.313%$29K$99K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003370+0.388%$78K$250K10xas long as short
Pacifica kBONK+0.0100%1h0.000003371+0.417%$112K$108K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003370+0.390%$16.2M$58.7M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003369+0.349%$10.7M$18.4M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003365+0.238%$2.5M$8.8M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003366+0.268%$816K$2.7M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003366+0.268%$9.2M$7.1M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003369+0.360%$2.6M$9.7M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003364+0.209%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003369+0.357%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003351−0.182%$306K$133Kas long as short
ApeX Omni 1000BONKUSDTlong+0.0100%1h0.000003357long leg$57K$706K25x
SunX BONK-USDT+0.0100%4h0.000003380+0.685%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003375+0.536%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003373+0.477%$95K$119K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003368+0.317%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003370+0.387%$4K3xas long as short
BloFin 1000BONK-USDT+0.0132%4h0.000003356−0.030%$953K$15.0M75xas long as short
GMX BONK/USD [ETH-USDC]shortL +0.0197% / S −0.4340%1h0.000003000−10.634%$563100x
Backpack kBONK_USDC_PERP+0.0234%1h0.000003376+0.566%$30K$7K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0640%1h0.000003375+0.536%$2K$110K10xas long as short
Hyperliquid kBONK+0.0684%1h0.000003375+0.536%$9.9M$4.8M10xas long as short
Kraken Futures PF_BONKUSD+0.2494%1h0.000003380+0.688%$218K$177K50xas long as short