Spread before costs (cost unknown: a leg has no order-book sample)+0.236%
7d average—if it closes, per $10,000$24funding while held, a day+$11.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000BONK_USDC-PERPETUAL | 0.000003392 | 0 | get 0.0000% / 1h | 11m 31s | $23K | $77K | 10x |
| Short | Hyperliquid kBONK | 0.000003400 | 0.0385 | get 0.0048% / 1h | 11m 31s | $9.7M | $6.1M | 10x |
Deribit 1000BONK_USDC-PERPETUAL
Hyperliquid kBONKPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $23.58
- Funding while held
- $11.55
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $19.13
- Spread needed to break even
- 0.160%
Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0385%
- Per $10,000 a day
- +$11.55
- Average in range /8h
- —
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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 2 min ago | 2.95 bp | 10.7 bp −$11 | 30.6 bp −$306 | doesn't fit | doesn't fit |
Deribit: 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.GMX0.000003000cheapest
Injective0.000003234+7.800%Coinbase International0.000003343+11.433%Variational Omni0.000003362+12.074%ApeX Omni0.000003370+12.333%BloFin0.000003377+12.567%Nado0.000003388+12.933%Orderly0.000003390+13.000%Aevo0.000003390+13.000%HTX0.000003390+13.000%gTrade (Gains Network)0.000003391+13.030%Bitget0.000003392+13.067%SoDEX0.000003392+13.067%
GMX
Injective
Coinbase International
Variational Omni
ApeX Omni
BloFin
Nado
Orderly
Aevo
HTX
gTrade (Gains Network)
Bitget
SoDEXDeribit0.000003392+13.067%
Bybit0.000003392+13.080%Reya0.000003393+13.112%Binance0.000003394+13.127%Aster0.000003395+13.154%Backpack0.000003395+13.167%SunX0.000003395+13.167%Pacifica0.000003396+13.200%OKX0.000003396+13.200%Gate0.000003396+13.200%Kraken Futures0.000003396+13.203%Lighter0.000003397+13.233%Extended0.000003398+13.256%dYdX0.000003398+13.261%KuCoin0.000003398+13.267%BingX0.000003398+13.267%MEXC0.000003399+13.300%
Bybit
Reya
Binance
Aster
Backpack
SunX
Pacifica
OKX
Gate
Kraken Futures
Lighter
Extended
dYdX
KuCoin
BingX
MEXCHyperliquid0.000003400+13.333%
BONK on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BONK/USD [ETH-USDC] | −11.557% | L +0.0103% / S −0.0001% | 1h | $24 | — | 100x | as long as short |
| Injective BONK/USDC PERP | −4.658% | +0.0033% | 1h | $3K | $36K | 5.5x | as long as short |
| Coinbase International 1000BONK-PERP-INTX | −1.445% | −0.0616% | 1h | $44K | $18K | 50x | as long as short |
| Variational Omni 1000BONK | −0.878% | +0.0100% | 4h | $303K | $159K | — | as long as short |
| ApeX Omni 1000BONKUSDT | −0.649% | −0.0355% | 1h | $57K | $686K | 25x | as long as short |
| BloFin 1000BONK-USDT | −0.442% | −0.0194% | 4h | $1.0M | $13.0M | 75x | as long as short |
| Nado kBONK-PERP | −0.118% | +0.0041% | 1h | $20K | $98K | 10x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.059% | −0.0263% | 4h | $29K | $35K | 20x | as long as short |
| Aevo 1000BONK-PERP | −0.059% | +0.0096% | 1h | $4K | — | 3x | as long as short |
| HTX BONK-USDT | −0.059% | +0.0100% | 4h | $81K | $86K | 30x | as long as short |