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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.2697%/8h= +295.3% APRnext payment +$3.37 per $10,000 · paid last 24h +0.695%
Price spread now: GMX against Extended−17.412%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 3 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 pays, the price is against you. GMX is 17.412% cheaper against Extended than usual: you would sell low and buy high (spread −17.412% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,741 on $10k: about 22 days of funding at the current rate (+$81 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000BONK-USD0.0000036330.0104pay 0.0013% / 1h47m 18s$24K$4K25x
ShortGMX BONK/USD [ETH-USDC]0.000003000L +0.0194% / S −0.2801%get 0.0350% / 1h47m 18s$400100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$566.31
Price spread: −17.412% → 0.000%
−$1,741.23
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$1,191.91
Costs to cover
0.170%
Break-even
21.7 days
Slippage unknown: Extended: no order-book sample; GMX: 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 Extended no order-book sample
Sell GMX no order-book sample
Extended and GMX: 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−0.0016%1h0.000003624−0.234%$44K$53K50xas long as short
dYdX BONK-USD0.0000%1h0.000003636+0.107%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003630−0.066%$25150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−9.869%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003632−0.016%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003646+0.372%$52K$120K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003632−0.022%$61K$301K10xas long as short
Pacifica kBONK+0.0100%1h0.000003638+0.151%$121K$133K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003632−0.022%$18.7M$77.0M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003628−0.124%$12.3M$23.7M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BONK-USDT-SWAP+0.0100%8h0.000003631−0.041%$3.0M$13.1M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003630−0.069%$1.0M$3.2M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003632−0.014%$11.6M$8.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003631−0.047%$3.0M$10.7M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003632−0.014%$4.6M$4.3M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003633+0.014%$5.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003625−0.209%$339K$146Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003631−0.041%$61K$705K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003626−0.179%$31K$52K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003637+0.124%$2K$14K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003634+0.041%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003632−0.014%$103K$130K30xas long as short
Extended 1000BONK-USDlong+0.0104%1h0.000003633long leg$24K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003632−0.014%$4K3xas long as short
BloFin 1000BONK-USDT+0.0145%4h0.000003630−0.069%$1.1M$19.0M75xas long as short
GMX BONK/USD [ETH-USDC]shortL +0.0194% / S −0.2801%1h0.000003000−17.412%$400100x
Lighter 1000BONK+0.0256%1h0.000003637+0.124%$254K$738K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0301%1h0.000003634+0.041%$20K$155K10xas long as short
Hyperliquid kBONK+0.1222%1h0.000003638+0.151%$12.0M$7.3M10xas long as short
Backpack kBONK_USDC_PERP+0.1613%1h0.000003650+0.482%$56K$24K10xas long as short
Kraken Futures PF_BONKUSD+0.2964%1h0.000003643+0.284%$224K$219K50xas long as short