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

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h −0.005%
Price spread now: Reya against BingX−0.171%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Reya is 0.171% cheaper against BingX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000BONK-USDT0.0000033500.0100pay 0.0050% / 4h1h 48m$8.0M
ShortReya kBONKRUSDPERP0.0000033440.0083get 0.0010% / 1h48m 51s$415x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against BingX. 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
−$3.6
Price spread: −0.171% → 0.000%
−$17.09
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$36.69
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; Reya: 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 BingX live order book, 4 min ago5.97 bp12.6 bp −$1329.3 bp −$293111.0 bp −$11.1K584.0 bp −$292.0K
Sell Reya no order-book sample
Reya: 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%1h0.000003327−0.687%$42K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003351+0.030%$1.0M$13.2M75xas long as short
Orderly PERP_1000BONK_USDC−0.0071%4h0.000003344−0.179%$29K$41K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003346−0.116%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003347−0.099%$12K$3K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.000003346−0.119%$2K$110K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.269%$3K$1135.5xas long as short
Reya kBONKRUSDPERPshort+0.0083%1h0.000003344−0.171%$415x
Lighter 1000BONK+0.0096%1h0.000003352+0.060%$199K$289K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003345−0.134%$19K$107K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003348−0.047%$64K$251K10xas long as short
Pacifica kBONK+0.0100%1h0.000003347−0.090%$114K$122K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003354+0.114%$15.1M$51.3M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003353+0.075%$10.2M$16.6M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003351+0.030%$2.4M$7.6M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003346−0.119%$744K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003355+0.149%$10.1M$6.4M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003349−0.027%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.0000033500.000%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDTlong+0.0100%4h0.000003350long leg$8.0M
Backpack kBONK_USDC_PERP+0.0100%1h0.000003353+0.090%$30K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003345−0.158%$301K$104Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003352+0.060%$57K$696K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003348−0.060%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003347−0.090%$2K$6K10xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003349−0.030%$22K$2K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003345−0.149%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−10.448%$559100xas long as short
HTX BONK-USDT+0.0221%4h0.000003369+0.567%$88K$144K30xas long as short
Hyperliquid kBONK+0.0754%1h0.000003357+0.209%$9.9M$7.3M10xas long as short
Kraken Futures PF_BONKUSD+0.0966%1h0.000003352+0.061%$204K$149K50xas long as short