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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.006%
Price spread now: ApeX Omni against Extended+0.042%72s7-day average · you sell dearer than you buy
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.042% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000BONK-USD0.0000034880.0104pay 0.0013% / 1h46m 18s$23K$4K25x
ShortApeX Omni 1000BONKUSDT0.0000034890.0100get 0.0013% / 1h46m 18s$59K$704K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$0.84
Price spread: +0.042% → 0.000%
$4.23
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$11.61
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; ApeX Omni: live order book, 7 min ago. 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 Extended no order-book sample
Sell ApeX Omni live order book, 7 min ago5.72 bp14.0 bp −$14115.5 bp −$1,155doesn't fitdoesn't fit
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 venues

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−0.0312%1h0.000003488+0.014%$44K$38K50xas long as short
dYdX BONK-USD0.0000%1h0.000003490+0.082%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003489+0.045%$24150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−6.122%$3K$1135.5xas long as short
Orderly PERP_1000BONK_USDC+0.0081%4h0.000003488+0.014%$30K$55K20xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003489+0.055%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003493+0.157%$235K$678K10xas long as short
BloFin 1000BONK-USDT+0.0099%4h0.000003490+0.071%$974K$16.0M75xas long as short
Nado kBONK-PERP+0.0100%1h0.000003488+0.014%$36K$102K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003493+0.158%$81K$251K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003490+0.071%$116K$105K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003490+0.075%$16.9M$61.1M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003490+0.062%$11.4M$19.3M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003489+0.042%$2.6M$9.5M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003489+0.042%$865K$2.7M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003490+0.071%$9.6M$7.3M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003489+0.039%$3.0M$10.0M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003490+0.071%$4.4M$3.2M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003491+0.100%$4.6Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003493+0.154%$322K$138Kas long as short
ApeX Omni 1000BONKUSDTshort+0.0100%1h0.000003489+0.042%$59K$704K25x
SunX BONK-USDT+0.0100%4h0.000003501+0.386%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003489+0.042%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003504+0.472%$99K$120K30xas long as short
Extended 1000BONK-USDlong+0.0104%1h0.000003488long leg$23K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003488+0.014%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−13.979%$583100xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0323%1h0.000003490+0.071%$6K$123K10xas long as short
Hyperliquid kBONK+0.0802%1h0.000003498+0.300%$10.3M$4.9M10xas long as short
Backpack kBONK_USDC_PERP+0.0991%1h0.000003493+0.157%$31K$8K10xas long as short
Kraken Futures PF_BONKUSD+0.2401%1h0.000003497+0.265%$223K$178K50xas long as short