BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0416%/8h= +45.6% APRnext payment +$0.52 per $10,000 · paid last 24h +0.162%

Price spread now: Extended against Coinbase International−0.384%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.384% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.384% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 3.1 days of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International 1000BONK-PERP-INTX	0.000003509	−0.0312	get 0.0039% / 1h	22m 29s	$44K	$39K	50x
Short	Extended 1000BONK-USD	0.000003496	0.0104	get 0.0013% / 1h	22m 29s	$23K	$4K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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 Coinbase InternationalbpFee ExtendedbpOrdersPrice spread, now −0.384%Rate

Funding earned: $87.36
Price spread: −0.384% → 0.000%: −$38.36
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $34
Costs to cover: 0.150%
Break-even: 4.3 days

Slippage unknown: Coinbase International: no order-book sample; Extended: 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Coinbase International and Extended: 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-INTXlong	−0.0312%	1h	0.000003509	long leg	$44K	$39K	50x
dYdX BONK-USD	0.0000%	1h	0.000003500	−0.246%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003514	+0.145%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.697%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0045%	4h	0.000003514	+0.142%	$990K	$16.6M	75x	as long as short
Orderly PERP_1000BONK_USDC	+0.0083%	4h	0.000003517	+0.228%	$30K	$54K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003516	+0.196%	$4	—	15x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003504	−0.155%	$81K	$250K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003500	−0.256%	$118K	$107K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003501	−0.228%	$17.4M	$63.2M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003496	−0.370%	$11.4M	$19.7M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003500	−0.256%	$2.6M	$9.8M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003499	−0.285%	$875K	$2.8M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003500	−0.256%	$9.5M	$7.5M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003503	−0.157%	$3.0M	$10.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003494	−0.427%	$4.4M	$3.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003503	−0.171%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003522	+0.366%	$326K	$140K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003504	−0.142%	$59K	$706K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003500	−0.256%	$38K	$108K	10x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003522	+0.370%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003517	+0.228%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003522	+0.370%	$100K	$121K	30x	as long as short
Extended 1000BONK-USDshort	+0.0104%	1h	0.000003496	−0.384%	$23K	$4K	25x
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003517	+0.228%	$4K	—	3x	as long as short
Lighter 1000BONK	+0.0184%	1h	0.000003507	−0.057%	$246K	$692K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−14.506%	$587	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0319%	1h	0.000003519	+0.285%	$6K	$123K	10x	as long as short
Hyperliquid kBONK	+0.0833%	1h	0.000003509	0.000%	$10.4M	$5.0M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1413%	1h	0.000003520	+0.313%	$48K	$16K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2381%	1h	0.000003527	+0.503%	$225K	$178K	50x	as long as short