Spread before costs (cost unknown: a leg has no order-book sample)+0.834%
7d average—if it closes, per $10,000$83funding while held, a day−$6.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000BONKUSDT | 0.000003356 | −0.0018 | get 0.0009% / 4h | 53m 32s | $4.2M | $2.7M | 75x |
| Short | Orderly PERP_1000BONK_USDC | 0.000003384 | −0.0248 | pay 0.0124% / 4h | 53m 32s | $29K | $30K | 20x |
Bitget 1000BONKUSDT
Orderly PERP_1000BONK_USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $83.43
- Funding while held
- −$6.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $58.52
- Spread needed to break even
- 0.180%
Slippage unknown: Bitget: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0230%
- Per $10,000 a day
- −$6.91
- Average in range /8h
- —
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 Bitget live order book, 1 min ago | 4.44 bp | 16.7 bp −$17 | 46.5 bp −$465 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000003000cheapest
Injective0.000003234+7.800%
GMX
InjectiveBitget0.000003356+11.867%
Bybit0.000003357+11.900%Reya0.000003357+11.903%Nado0.000003357+11.917%OKX0.000003358+11.933%Binance0.000003359+11.967%dYdX0.000003360+12.000%Gate0.000003362+12.067%KuCoin0.000003362+12.073%Extended0.000003362+12.077%Lighter0.000003363+12.100%Pacifica0.000003363+12.100%BingX0.000003365+12.167%MEXC0.000003367+12.233%Aster0.000003373+12.433%Hyperliquid0.000003377+12.567%SoDEX0.000003381+12.700%gTrade (Gains Network)0.000003382+12.750%Variational Omni0.000003383+12.766%Backpack0.000003384+12.800%
Bybit
Reya
Nado
OKX
Binance
dYdX
Gate
KuCoin
Extended
Lighter
Pacifica
BingX
MEXC
Aster
Hyperliquid
SoDEX
gTrade (Gains Network)
Variational Omni
BackpackOrderly0.000003384+12.800%
Aevo0.000003384+12.800%Deribit0.000003385+12.833%SunX0.000003386+12.867%Kraken Futures0.000003387+12.899%Coinbase International0.000003387+12.900%BloFin0.000003389+12.967%HTX0.000003390+13.000%ApeX Omni0.000003392+13.067%
Aevo
Deribit
SunX
Kraken Futures
Coinbase International
BloFin
HTX
ApeX OmniBONK on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BONK/USD [ETH-USDC] | −10.608% | L +0.0168% / S −0.0002% | 1h | $24 | — | 100x | as long as short |
| Injective BONK/USDC PERP | −3.635% | +0.0033% | 1h | $3K | $36K | 5.5x | as long as short |
| Bitget 1000BONKUSDTlong | 0.000% | −0.0018% | 4h | $4.2M | $2.7M | 75x | |
| Bybit 1000BONKUSDT | +0.030% | +0.0100% | 4h | $10.0M | $12.7M | 50x | as long as short |
| Reya kBONKRUSDPERP | +0.032% | +0.0083% | 1h | $4 | — | 15x | as long as short |
| Nado kBONK-PERP | +0.045% | −0.0216% | 1h | $22K | $93K | 10x | as long as short |
| OKX BONK-USDT-SWAP | +0.060% | +0.0100% | 8h | $2.6M | $5.8M | 20x | as long as short |
| Binance 1000BONKUSDT | +0.089% | +0.0038% | 4h | $14.5M | $40.1M | 75x | as long as short |
| dYdX BONK-USD | +0.119% | 0.0000% | 1h | $12K | $4K | 10x | as long as short |
| Gate BONK_USDT | +0.179% | +0.0100% | 4h | $719K | $1.8M | 50x | as long as short |