Funding you earn now, next payment 04:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.009%
Price spread now: SunX against Backpack−0.088%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.088% cheaper against Backpack than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 | Backpack kBONK_USDC_PERP | 0.000003416 | 0.0335 | pay 0.0042% / 1h | 23m 26s | $30K | $7K | 10x |
| Short | SunX BONK-USDT | 0.000003413 | 0.0100 | get 0.0050% / 4h | 23m 26s | $2K | $12K | 20x |
Backpack kBONK_USDC_PERP
SunX BONK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$49.27
- Price spread: −0.088% → 0.000%
- −$8.78
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$76.06
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; SunX: 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 Backpack no order-book sample | — | — | — | — | — |
| Sell SunX no order-book sample | — | — | — | — | — |
Backpack and SunX: 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 | −0.0320% | 1h | 0.000003402 | −0.410% | $42K | $35K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003407 | −0.253% | $12K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003408 | −0.246% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −4.157% | $3K | $113 | 5.5x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0044% | 1h | 0.000003406 | −0.293% | $2K | $110K | 10x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0074% | 4h | 0.000003405 | −0.322% | $29K | $56K | 20x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003407 | −0.266% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003411 | −0.146% | $223K | $672K | 10x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003408 | −0.220% | $31K | $101K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003414 | −0.064% | $79K | $251K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Deribit 1000BONK_USDC-PERPETUAL
Orderly PERP_1000BONK_USDC
Reya kBONKRUSDPERP
Lighter 1000BONK
Nado kBONK-PERP
Aster 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kBONK | +0.0100% | 1h | 0.000003410 | −0.176% | $113K | $109K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003410 | −0.171% | $16.5M | $59.6M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003403 | −0.366% | $10.8M | $18.7M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003407 | −0.263% | $2.5M | $9.0M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003409 | −0.205% | $812K | $2.7M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003409 | −0.205% | $9.1M | $7.2M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003410 | −0.190% | $2.6M | $9.8M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003405 | −0.322% | $4.3M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003406 | −0.293% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003423 | +0.201% | $311K | $133K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003427 | +0.322% | $58K | $705K | 25x | as long as short |
| SunX BONK-USDTshort | +0.0100% | 4h | 0.000003413 | −0.088% | $2K | $12K | 20x | |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003407 | −0.263% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003411 | −0.146% | $97K | $119K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003406 | −0.304% | $22K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003404 | −0.351% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0107% | 4h | 0.000003424 | +0.234% | $967K | $15.4M | 75x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −12.178% | $569 | — | 100x | as long as short |
| Backpack kBONK_USDC_PERPlong | +0.0335% | 1h | 0.000003416 | long leg | $30K | $7K | 10x | |
| Hyperliquid kBONK | +0.0758% | 1h | 0.000003416 | 0.000% | $10.1M | $4.8M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2467% | 1h | 0.000003416 | −0.001% | $221K | $177K | 50x | as long as short |
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
BloFin 1000BONK-USDT
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Kraken Futures PF_BONKUSD