BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0377%/8h= −41.2% APRnext payment −$0.47 per $10,000 · paid last 24h −0.148%

Price spread now: Coinbase International against gTrade (Gains Network)−0.154%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Coinbase International

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Coinbase International is 0.154% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BONK/USD	0.000003383	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	0m 35s	$23	—	150x
Short	Coinbase International 1000BONK-PERP-INTX	0.000003378	−0.0376	pay 0.0047% / 1h	0m 35s	$43K	$26K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now −0.154%Rate

Funding earned: −$79.08
Price spread: −0.154% → 0.000%: −$15.37
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$114.45
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Coinbase International: 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-INTXshort	−0.0376%	1h	0.000003378	−0.154%	$43K	$26K	50x
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003382	−0.035%	$939K	$14.7M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0030%	4h	0.000003380	−0.095%	$29K	$39K	20x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003379	−0.114%	$12K	$3K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	0.0000%	1h	0.000003380	−0.095%	$2K	$110K	10x	as long as short
gTrade (Gains Network) BONK/USDlong	L +0.0001% / S +0.0001%	1h	0.000003383	long leg	$23	—	150x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.228%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003374	−0.258%	$4	—	15x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003375	−0.228%	$23K	$107K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003381	−0.053%	$65K	$252K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003380	−0.095%	$112K	$122K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003378	−0.152%	$15.8M	$54.4M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003377	−0.198%	$10.6M	$17.4M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003373	−0.301%	$2.5M	$8.0M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003377	−0.183%	$720K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003380	−0.095%	$9.8M	$6.9M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003378	−0.154%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003373	−0.301%	$4.2M	$3.0M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003380	−0.095%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003383	−0.009%	$308K	$127K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003392	+0.260%	$57K	$709K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003384	+0.024%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003378	−0.154%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003389	+0.171%	$95K	$159K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003377	−0.179%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003378	−0.154%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−11.327%	$566	—	100x	as long as short
Lighter 1000BONK	+0.0400%	1h	0.000003387	+0.112%	$352K	$476K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.0430%	1h	0.000003381	−0.065%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0586%	1h	0.000003384	+0.024%	$9.6M	$7.4M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1471%	1h	0.000003387	+0.115%	$211K	$165K	50x	as long as short