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

BONK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Extended+0.069%7-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 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.069% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000BONK-USD0.0000036460.0104pay 0.0013% / 1h5m 24s$24K$4K25x
ShortSoDEX 1000BONK-USD0.0000036490.0100get 0.0013% / 1h5m 24s$2K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.069% → 0.000%
$6.94
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$6.9
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Extended and SoDEX: 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−0.0136%1h0.000003647+0.015%$44K$52K50xas long as short
dYdX BONK-USD0.0000%1h0.000003647+0.022%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003649+0.069%$25150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−10.215%$3K$1135.5xas long as short
BloFin 1000BONK-USDT+0.0060%4h0.000003656+0.261%$1.0M$18.9M75xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003649+0.067%$415xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003647+0.015%$31K$53K20xas long as short
Nado kBONK-PERP+0.0100%1h0.000003645−0.040%$51K$119K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003649+0.082%$61K$301K10xas long as short
Pacifica kBONK+0.0100%1h0.000003648+0.042%$124K$129K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003647+0.003%$18.8M$75.3M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003648+0.028%$12.3M$23.2M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003649+0.069%$2.9M$12.7M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003646−0.013%$986K$3.2M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003646−0.013%$11.3M$8.5M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003645−0.038%$3.0M$10.7M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003643−0.095%$4.6M$4.2M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003653+0.179%$4.9Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003643−0.099%$337K$142Kas long as short
SunX BONK-USDT+0.0100%4h0.000003653+0.179%$2K$14K20xas long as short
SoDEX 1000BONK-USDshort+0.0100%1h0.000003649+0.069%$2K$7K10x
HTX BONK-USDT+0.0100%4h0.000003651+0.124%$104K$131K30xas long as short
Extended 1000BONK-USDlong+0.0104%1h0.000003646long leg$24K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003644−0.068%$4K3xas long as short
Lighter 1000BONK+0.0192%1h0.000003652+0.152%$255K$738K10xas long as short
GMX BONK/USD [ETH-USDC]L +0.0194% / S −0.2801%1h0.000003000−17.729%$402100xas long as short
ApeX Omni 1000BONKUSDT+0.0269%1h0.000003661+0.398%$62K$704K25xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0573%1h0.000003648+0.042%$20K$155K10xas long as short
Hyperliquid kBONK+0.1559%1h0.000003654+0.207%$12.2M$7.0M10xas long as short
Backpack kBONK_USDC_PERP+0.1657%1h0.000003652+0.152%$49K$18K10xas long as short
Kraken Futures PF_BONKUSD+0.2540%1h0.000003661+0.397%$226K$219K50xas long as short