Funding you earn now, next payment 03:00 UTC+0.0239%/8h= +26.2% APRnext payment +$0.30 per $10,000 · paid last 24h −0.111%
Price spread now: Deribit against Extended+0.071%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Deribit is 0.071% dearer against Extended than usual: you sell high and buy low: +$7 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 | Extended 1000BONK-USD | 0.000003372 | 0.0104 | pay 0.0013% / 1h | 7m 10s | $22K | $4K | 25x |
| Short | Deribit 1000BONK_USDC-PERPETUAL | 0.000003374 | 0.0343 | get 0.0043% / 1h | 7m 10s | $2K | $110K | 10x |
Extended 1000BONK-USD
Deribit 1000BONK_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- $50.2
- Price spread: +0.071% → 0.000%
- $7.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $45.33
- Costs to cover
- 0.120%
- Break-even
- 0.7 days
Slippage unknown: Extended: no order-book sample; Deribit: live order book, 22 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 Extended no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 22 min ago | 7.36 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000BONK-PERP-INTX | −0.0336% | 1h | 0.000003370 | −0.047% | $43K | $33K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003375 | +0.111% | $12K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003374 | +0.077% | $23 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −2.895% | $3K | $113 | 5.5x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0065% | 4h | 0.000003371 | −0.018% | $29K | $57K | 20x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003372 | +0.009% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003375 | +0.101% | $223K | $670K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003375 | +0.115% | $78K | $250K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003375 | +0.101% | $113K | $104K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003373 | +0.042% | $16.2M | $57.5M | 75x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Orderly PERP_1000BONK_USDC
Reya kBONKRUSDPERP
Lighter 1000BONK
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 | 0.000003372 | +0.006% | $10.7M | $18.1M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003373 | +0.042% | $2.5M | $8.5M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003374 | +0.071% | $839K | $2.7M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003374 | +0.071% | $9.5M | $7.1M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003373 | +0.042% | $2.6M | $9.8M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003370 | −0.047% | $4.3M | $3.0M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003373 | +0.042% | — | $6.5M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003376 | +0.131% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003386 | +0.437% | $307K | $133K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003378 | +0.190% | $57K | $706K | 25x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003373 | +0.056% | $27K | $96K | 10x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003378 | +0.190% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003373 | +0.042% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003381 | +0.279% | $96K | $119K | 30x | as long as short |
| Extended 1000BONK-USDlong | +0.0104% | 1h | 0.000003372 | long leg | $22K | $4K | 25x | |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003371 | −0.018% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0125% | 4h | 0.000003375 | +0.101% | $953K | $15.0M | 75x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −11.021% | $564 | — | 100x | as long as short |
| Deribit 1000BONK_USDC-PERPETUALshort | +0.0343% | 1h | 0.000003374 | +0.071% | $2K | $110K | 10x | |
| Hyperliquid kBONK | +0.0807% | 1h | 0.000003380 | +0.249% | $10.0M | $4.7M | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2056% | 1h | 0.000003379 | +0.224% | $218K | $174K | 50x | as long as short |
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Nado kBONK-PERP
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Aevo 1000BONK-PERP
BloFin 1000BONK-USDT
GMX BONK/USD [ETH-USDC]
Hyperliquid kBONK
Kraken Futures PF_BONKUSD