data as of
Settings8H · net · $10k
Price arb /

BONK

all BONK markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+1.499%
7d averageif it closes, per $10,000$150funding while held, a day+$18.61
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International 1000BONK-PERP-INTX0.000003218−0.0576get 0.0072% / 1h39m 06s$43K$17K50x
ShortKraken Futures PF_BONKUSD0.0000032660.0044get 0.0006% / 1h39m 06s$163K$138K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$149.94
Funding while held
$18.61
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$148.55
Spread needed to break even
0.200%
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 15 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0620%
Per $10,000 a day
+$18.61
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Kraken Futures live order book, 15 min ago29.42 bp37.0 bp −$37103.3 bp −$1,033doesn't fitdoesn't fit
Coinbase International: 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.

BONK on 31 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX BONK/USD [ETH-USDC]−6.774%L +0.0192% / S −0.1951%1h$258100xas long as short
Coinbase International 1000BONK-PERP-INTXlong0.000%−0.0576%1h$43K$17K50x
Injective BONK/USDC PERP+0.497%+0.0033%1h$3K$45K5.5xas long as short
ApeX Omni 1000BONKUSDT+0.963%−0.0344%1h$55K$687K25xas long as short
Variational Omni 1000BONK+1.172%+0.0100%4h$291K$154Kas long as short
dYdX BONK-USD+1.275%0.0000%1h$12K$4K10xas long as short
Orderly PERP_1000BONK_USDC+1.305%−0.0246%4h$28K$26K20xas long as short
Aevo 1000BONK-PERP+1.305%+0.0104%1h$4K3xas long as short
Extended 1000BONK-USD+1.313%+0.0096%1h$21K$624K25xas long as short
Pacifica kBONK+1.336%+0.0100%1h$114K$96K10xas long as short
Show all 31 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya kBONKRUSDPERP+1.358%+0.0083%1h$415xas long as short
Aster 1000BONKUSDT+1.363%+0.0100%4h$52K$228K10xas long as short
OKX BONK-USDT-SWAP+1.367%+0.0100%8h$2.4M$5.0M20xas long as short
Gate BONK_USDT+1.367%+0.0078%4h$694K$1.6M50xas long as short
HTX BONK-USDT+1.367%+0.0100%4h$74K$78K30xas long as short
SoDEX 1000BONK-USD+1.367%+0.0100%1h$2K$6K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+1.367%−0.0056%1h$20K$61K10xas long as short
Binance 1000BONKUSDT+1.373%+0.0095%4h$13.8M$36.5M75xas long as short
gTrade (Gains Network) BONK/USD+1.377%L 0.0000% / S +0.0001%1h$1K150xas long as short
Nado kBONK-PERP+1.398%+0.0010%1h$28K$88K10xas long as short
Lighter 1000BONK+1.398%+0.0096%1h$173K$196K10xas long as short
BingX 1000BONK-USDC+1.429%+0.0100%4h$6.5Mas long as short
BloFin 1000BONK-USDT+1.429%−0.0145%4h$951K$11.5M75xas long as short
Bitget 1000BONKUSDT+1.461%+0.0016%4h$4.1M$2.4M75xas long as short
KuCoin 1000BONKUSDTM+1.485%+0.0100%4h$2.8M$7.9M75xas long as short
Bybit 1000BONKUSDT+1.489%+0.0100%4h$9.8M$11.9M50xas long as short
Backpack kBONK_USDC_PERP+1.492%+0.0100%1h$28K$6K10xas long as short
SunX BONK-USDT+1.492%+0.0100%4h$2K$10K20xas long as short
Kraken Futures PF_BONKUSDshort+1.499%+0.0044%1h$163K$138K50x
MEXC 1000BONK_USDT+1.554%+0.0100%4h$9.2M$4.4M125xas long as short
Hyperliquid kBONK+1.585%+0.0100%1h$8.8M$5.5M10xas long as short