BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.17 per $10,000 · paid last 24h +0.135%

Price spread now: Nado against Coinbase International+0.410%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Nado is 0.410% dearer against Coinbase International than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International 1000BONK-PERP-INTX	0.000003537	−0.0040	get 0.0005% / 1h	36m 56s	$43K	$64K	50x
Short	Nado kBONK-PERP	0.000003551	0.0100	get 0.0012% / 1h	36m 56s	$64K	$134K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.410%Rate

Funding earned: $29.4
Price spread: +0.410% → 0.000%: $41
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $53.4
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Nado: live order book, 36 min ago. 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 Nado live order book, 36 min ago	2.82 bp	20.8 bp −$21	doesn't fit	doesn't fit	doesn'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 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	−0.0040%	1h	0.000003537	long leg	$43K	$64K	50x
dYdX BONK-USD	0.0000%	1h	0.000003550	+0.368%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003548	+0.314%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−7.436%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0056%	4h	0.000003548	+0.311%	$1.1M	$20.1M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003550	+0.379%	$4	—	15x	as long as short
Nado kBONK-PERPshort	+0.0100%	1h	0.000003551	+0.410%	$64K	$134K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003550	+0.368%	$59K	$318K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003551	+0.396%	$118K	$148K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003550	+0.368%	$18.3M	$85.2M	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	0.000003547	+0.291%	$12.4M	$26.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003548	+0.311%	$3.0M	$14.6M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003550	+0.368%	$995K	$3.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003552	+0.424%	$11.6M	$9.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003550	+0.379%	$3.0M	$11.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003549	+0.339%	$4.6M	$5.1M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003549	+0.339%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003571	+0.970%	$336K	$99K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003578	+1.159%	$60K	$706K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003548	+0.311%	$30K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003557	+0.565%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003550	+0.368%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003554	+0.481%	$101K	$134K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003549	+0.340%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003550	+0.368%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−15.182%	$542	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0314%	1h	0.000003548	+0.311%	$35K	$164K	10x	as long as short
Lighter 1000BONK	+0.0512%	1h	0.000003553	+0.452%	$247K	$762K	10x	as long as short
Hyperliquid kBONK	+0.1027%	1h	0.000003555	+0.509%	$12.2M	$8.1M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1626%	1h	0.000003561	+0.679%	$55K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.4476%	1h	0.000003561	+0.667%	$182K	$262K	50x	as long as short