BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.001%

Price spread now: Aster against BloFin−0.102%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$750.747% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.272%−$27 on $10k

Price spread, last 3 days (all we have)+0.236%+$24 · spread now −0.102%, 7d avg −0.001%

Together, before fees−0.036%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.102% cheaper against BloFin than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.001%). If the spread goes back, that is −$10 on $10k: about 34 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.272%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin 1000BONK-USDT	0.000003368	−0.0140	get 0.0070% / 4h	1h 14m	$1.0M	$13.4M	75x
Short	Aster 1000BONKUSDT	0.000003365	0.0100	get 0.0050% / 4h	1h 14m	$65K	$251K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.102%Rate

Funding earned: $50.4
Price spread: −0.102% → −0.001%: −$10.18
Slippage, 4 orders: −$54.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.49
Costs to cover: 0.747%
Break-even: 11.8 days

Slippage from BloFin: live order book, 4 min ago; Aster: live order book, 2 min ago.

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 BloFin live order book, 4 min ago	2.97 bp	9.0 bp −$9	16.0 bp −$160	75.4 bp −$7,539	doesn't fit
Sell Aster live order book, 2 min ago	10.39 bp	20.7 bp −$21	296.5 bp −$2,965	doesn't fit	doesn't fit

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	−0.0248%	1h	0.000003342	−0.772%	$42K	$22K	50x	as long as short
BloFin 1000BONK-USDTlong	−0.0140%	4h	0.000003368	long leg	$1.0M	$13.4M	75x
Orderly PERP_1000BONK_USDC	−0.0082%	4h	0.000003368	0.000%	$29K	$41K	20x	as long as short
gTrade (Gains Network) BONK/USD	L 0.0000% / S +0.0001%	1h	0.000003366	−0.050%	$1K	—	150x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003365	−0.079%	$12K	$3K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	0.0000%	1h	0.000003366	−0.059%	$2K	$110K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−2.791%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003365	−0.088%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003367	−0.030%	$189K	$301K	10x	as long as short
Aster 1000BONKUSDTshort	+0.0100%	4h	0.000003365	−0.102%	$65K	$251K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003367	−0.030%	$114K	$123K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003366	−0.071%	$15.2M	$51.8M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003363	−0.148%	$10.2M	$16.7M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003366	−0.059%	$2.4M	$7.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003365	−0.089%	$721K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003364	−0.119%	$10.1M	$6.7M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003365	−0.089%	$2.7M	$9.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003362	−0.178%	$4.2M	$3.1M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003365	−0.089%	—	$8.0M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003369	+0.030%	$30K	$7K	10x	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003359	−0.265%	$302K	$121K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003364	−0.119%	$57K	$700K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003363	−0.134%	$19K	$106K	10x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003368	0.000%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003369	+0.030%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003373	+0.148%	$91K	$151K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003366	−0.065%	$22K	$2K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003368	0.000%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.4340%	1h	0.000003000	−10.926%	$563	—	100x	as long as short
Hyperliquid kBONK	+0.0931%	1h	0.000003373	+0.148%	$10.1M	$7.4M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.0960%	1h	0.000003375	+0.194%	$205K	$149K	50x	as long as short