Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.2352%/8h= −257.6% APRnext payment $2.94 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against dYdX−0.054%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$71 a day on $10k at the current rate, and Extended is 0.054% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX BONK-USD0.0000034360.2456pay 0.0307% / 1h50m 33s$13K$12K10x
ShortExtended 1000BONK-USD0.0000034340.0104get 0.0013% / 1h50m 33s$22K$5K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against dYdX. 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

Funding earned
−$493.97
Price spread: −0.054% → 0.000%
−$5.41
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$514.38
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Extended no order-book sample
dYdX 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0056%1h0.000003447+0.314%$45K$90K50xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003440+0.104%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−4.721%$3K$575.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0041%1h0.000003438+0.052%$24K$162K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003435−0.030%$415xas long as short
BloFin 1000BONK-USDT+0.0090%4h0.000003440+0.110%$1.1M$19.7M75xas long as short
Lighter 1000BONK+0.0096%1h0.000003438+0.052%$243K$735K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003435−0.035%$66K$133K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003442+0.162%$54K$218K10xas long as short
Pacifica kBONK+0.0100%1h0.000003436−0.006%$114K$150K10xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003439+0.082%$17.7M$89.4M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003436+0.003%$12.1M$26.2M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003439+0.081%$3.0M$14.6M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003433−0.093%$908K$3.3M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003439+0.081%$10.8M$10.6M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003439+0.070%$2.9M$10.7M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003436−0.006%$4.4M$5.2M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003438+0.052%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003434−0.075%$334K$125Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003441+0.139%$58K$693K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003436−0.006%$29K$47K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003445+0.256%$2K$14K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003436−0.006%$2K$10K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003442+0.169%$98K$137K30xas long as short
Extended 1000BONK-USDshort+0.0104%1h0.000003434−0.054%$22K$5K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003435−0.035%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−12.695%$525100xas long as short
Hyperliquid kBONK+0.0392%1h0.000003441+0.139%$11.7M$8.2M10xas long as short
Backpack kBONK_USDC_PERP+0.1182%1h0.000003444+0.227%$54K$25K10xas long as short
Kraken Futures PF_BONKUSD+0.1652%1h0.000003441+0.150%$175K$253K50xas long as short
dYdX BONK-USDlong+0.2456%1h0.000003436long leg$13K$12K10x