BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.019%

Price spread now: Injective against ApeX Omni−8.368%108s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 8.368% cheaper against ApeX Omni than usual: you would sell low and buy high (−$837 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni 1000BONKUSDT	0.000003573	0.0100	pay 0.0013% / 1h	59m 31s	$60K	$706K	25x
Short	Injective BONK/USDC PERP	0.000003274	0.0033	get 0.0004% / 1h	59m 31s	$3K	$113	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee InjectivebpOrdersPrice spread, now −8.368%Rate

Funding earned: −$14
Price spread: −8.368% → 0.000%: −$836.83
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$860.85
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 44 min ago; Injective: 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 ApeX Omni live order book, 44 min ago	8.20 bp	16.3 bp −$16	113.0 bp −$1,130	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0016%	1h	0.000003568	−0.140%	$44K	$63K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003540	−0.915%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003565	−0.235%	$25	—	150x	as long as short
Injective BONK/USDC PERPshort	+0.0033%	1h	0.000003274	−8.368%	$3K	$113	5.5x
BloFin 1000BONK-USDT	+0.0067%	4h	0.000003577	+0.112%	$1.1M	$19.6M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003569	−0.100%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003570	−0.070%	$62K	$128K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003534	−1.082%	$59K	$318K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003545	−0.784%	$118K	$141K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003534	−1.082%	$18.2M	$82.8M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003530	−1.203%	$12.2M	$25.3M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003532	−1.147%	$2.9M	$14.1M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003541	−0.896%	$963K	$3.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003550	−0.644%	$12.0M	$9.3M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003544	−0.814%	$3.0M	$10.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003537	−1.008%	$4.5M	$4.9M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003539	−0.952%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003566	−0.199%	$336K	$156K	—	as long as short
ApeX Omni 1000BONKUSDTlong	+0.0100%	1h	0.000003573	long leg	$60K	$706K	25x
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003567	−0.168%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003575	+0.056%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003568	−0.140%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003577	+0.112%	$101K	$132K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003537	−1.007%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003566	−0.196%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−16.037%	$545	—	100x	as long as short
Lighter 1000BONK	+0.0216%	1h	0.000003551	−0.616%	$249K	$749K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0592%	1h	0.000003568	−0.140%	$35K	$176K	10x	as long as short
Hyperliquid kBONK	+0.0908%	1h	0.000003557	−0.448%	$12.2M	$8.0M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1613%	1h	0.000003573	0.000%	$55K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.3014%	1h	0.000003582	+0.252%	$221K	$223K	50x	as long as short