Funding you earn now, next payment 05:00 UTC−0.0215%/8h= −23.5% APRnext payment −$0.27 per $10,000 · paid last 24h +0.100%
Price spread now: Aevo against Deribit−0.540%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aevo is 0.540% cheaper against Deribit than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000BONK_USDC-PERPETUAL | 0.000003519 | 0.0319 | pay 0.0040% / 1h | 22m 21s | $6K | $123K | 10x |
| Short | Aevo 1000BONK-PERP | 0.000003500 | 0.0104 | get 0.0013% / 1h | 22m 21s | $4K | — | 3x |
Deribit 1000BONK_USDC-PERPETUAL
Aevo 1000BONK-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Deribit. 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
- −$45.08
- Price spread: −0.540% → 0.000%
- −$53.99
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$122.07
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 62 min ago; Aevo: 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 Deribit live order book, 62 min ago | 7.33 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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-INTX | −0.0312% | 1h | 0.000003509 | −0.284% | $44K | $39K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003500 | −0.529% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003503 | −0.466% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −6.962% | $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 | 0.000003503 | −0.455% | $30K | $54K | 20x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003498 | −0.599% | $4 | — | 15x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003504 | −0.429% | $81K | $250K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003500 | −0.540% | $118K | $107K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003506 | −0.369% | $17.4M | $63.2M | 75x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
BloFin 1000BONK-USDT
Orderly PERP_1000BONK_USDC
Reya kBONKRUSDPERP
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003501 | −0.512% | $11.4M | $19.7M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003504 | −0.426% | $2.6M | $9.8M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003499 | −0.568% | $875K | $2.8M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003500 | −0.540% | $9.5M | $7.5M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003501 | −0.506% | $3.0M | $10.0M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003500 | −0.540% | $4.4M | $3.2M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003504 | −0.426% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003522 | +0.081% | $326K | $140K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003504 | −0.426% | $59K | $706K | 25x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003500 | −0.540% | $38K | $108K | 10x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003522 | +0.085% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003517 | −0.057% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003522 | +0.085% | $100K | $121K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003496 | −0.667% | $23K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERPshort | +0.0104% | 1h | 0.000003500 | −0.540% | $4K | — | 3x | |
| Lighter 1000BONK | +0.0184% | 1h | 0.000003507 | −0.341% | $246K | $692K | 10x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −14.749% | $584 | — | 100x | as long as short |
| Deribit 1000BONK_USDC-PERPETUALlong | +0.0319% | 1h | 0.000003519 | long leg | $6K | $123K | 10x | |
| Hyperliquid kBONK | +0.0834% | 1h | 0.000003509 | −0.284% | $10.4M | $5.0M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1413% | 1h | 0.000003520 | +0.028% | $48K | $16K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2381% | 1h | 0.000003527 | +0.217% | $225K | $178K | 50x | as long as short |
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Nado kBONK-PERP
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Lighter 1000BONK
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD