Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: HTX against BloFin0.000%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2392.391% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now 0.000%, 7d avg +0.127%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and HTX is 0.127% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.127%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000BONK-USDT | 0.000003370 | 0.0112 | pay 0.0056% / 4h | 1h 01m | $957K | $15.0M | 75x |
| Short | HTX BONK-USDT | 0.000003370 | 0.0100 | get 0.0050% / 4h | 1h 01m | $95K | $119K | 30x |
BloFin 1000BONK-USDT
HTX BONK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- −$2.45
- Price spread: 0.000% → +0.127%
- −$12.69
- Slippage, 4 orders
- −$215.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$254.28
- Costs to cover
- 2.391%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 60 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, 3 min ago | 5.95 bp | 15.3 bp −$15 | 25.2 bp −$252 | 81.4 bp −$8,144 | doesn't fit |
| Sell HTX live order book, 60 min ago | 33.26 bp | 39.3 bp −$39 | doesn't fit | 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 | −0.0336% | 1h | 0.000003355 | −0.445% | $43K | $33K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003369 | −0.020% | $12K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003369 | −0.024% | $23 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −2.849% | $3K | $113 | 5.5x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0047% | 1h | 0.000003371 | +0.030% | $2K | $110K | 10x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0067% | 4h | 0.000003370 | 0.000% | $29K | $57K | 20x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003368 | −0.062% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003375 | +0.148% | $223K | $670K | 10x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003367 | −0.089% | $26K | $96K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003370 | −0.011% | $78K | $250K | 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 | 0.000003369 | −0.030% | $113K | $104K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003374 | +0.124% | $16.1M | $57.7M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003373 | +0.077% | $10.7M | $18.1M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003375 | +0.148% | $2.5M | $8.5M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003370 | 0.000% | $824K | $2.7M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003373 | +0.089% | $9.4M | $7.2M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003370 | −0.003% | $2.6M | $9.8M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003370 | 0.000% | $4.3M | $3.0M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003370 | 0.000% | — | $4.8M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003377 | +0.208% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003368 | −0.065% | $307K | $133K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003363 | −0.208% | $57K | $706K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003376 | +0.178% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003372 | +0.059% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDTshort | +0.0100% | 4h | 0.000003370 | 0.000% | $95K | $119K | 30x | |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003370 | −0.013% | $22K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003368 | −0.059% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDTlong | +0.0112% | 4h | 0.000003370 | long leg | $957K | $15.0M | 75x | |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −10.979% | $563 | — | 100x | as long as short |
| Hyperliquid kBONK | +0.0803% | 1h | 0.000003380 | +0.297% | $10.0M | $4.7M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2055% | 1h | 0.000003380 | +0.307% | $218K | $174K | 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-USDT
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Kraken Futures PF_BONKUSD