Funding you earn now, next payment 05:00 UTC+0.2346%/8h= +256.9% APRnext payment +$2.93 per $10,000 · paid last 24h +0.189%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.118%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$70 a day on $10k at the current rate, and Kraken Futures is 0.118% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 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 | gTrade (Gains Network) BONK/USD | 0.000003574 | L +0.0001% / S +0.0001% | pay 0.0000% / 1h | 15m 02s | $25 | — | 150x |
| Short | Kraken Futures PF_BONKUSD | 0.000003578 | 0.2347 | get 0.0293% / 1h | 15m 02s | $228K | $176K | 50x |
gTrade (Gains Network) BONK/USD
Kraken Futures PF_BONKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $492.7
- Price spread: +0.118% → 0.000%
- $11.78
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $484.48
- Costs to cover
- 0.200%
- Break-even
- 0.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 37 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 37 min ago | 24.27 bp | 30.9 bp −$31 | 104.3 bp −$1,043 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | −0.0312% | 1h | 0.000003576 | +0.053% | $44K | $42K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003577 | +0.092% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USDlong | L +0.0001% / S +0.0001% | 1h | 0.000003574 | long leg | $25 | — | 150x | |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −8.397% | $3K | $113 | 5.5x | as long as short |
| BloFin 1000BONK-USDT | +0.0065% | 4h | 0.000003574 | −0.003% | $1.0M | $16.9M | 75x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0082% | 4h | 0.000003574 | −0.003% | $31K | $54K | 20x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003576 | +0.065% | $4 | — | 15x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003574 | +0.011% | $42K | $110K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003572 | −0.052% | $83K | $251K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003578 | +0.109% | $122K | $110K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
Injective BONK/USDC PERP
BloFin 1000BONK-USDT
Orderly PERP_1000BONK_USDC
Reya kBONKRUSDPERP
Nado kBONK-PERP
Aster 1000BONKUSDT
Pacifica kBONKShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003572 | −0.052% | $18.0M | $64.8M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003575 | +0.022% | $11.6M | $20.1M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003575 | +0.025% | $2.6M | $10.4M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003573 | −0.031% | $899K | $2.8M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003578 | +0.109% | $10.1M | $7.7M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003574 | +0.011% | $3.1M | $10.0M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003576 | +0.053% | $4.5M | $3.4M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003577 | +0.081% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003540 | −0.943% | $328K | $140K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003531 | −1.206% | $59K | $706K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003578 | +0.109% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003575 | +0.025% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003600 | +0.725% | $102K | $121K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003574 | −0.017% | $23K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003573 | −0.031% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0194% / S −0.2801% | 1h | 0.000003000 | −16.063% | $394 | — | 100x | as long as short |
| Lighter 1000BONK | +0.0208% | 1h | 0.000003580 | +0.165% | $250K | $694K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0589% | 1h | 0.000003578 | +0.109% | $6K | $123K | 10x | as long as short |
| Hyperliquid kBONK | +0.0885% | 1h | 0.000003584 | +0.277% | $11.8M | $5.8M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1489% | 1h | 0.000003583 | +0.249% | $49K | $16K | 10x | as long as short |
| Kraken Futures PF_BONKUSDshort | +0.2347% | 1h | 0.000003578 | +0.118% | $228K | $176K | 50x |
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
Lighter 1000BONK
Deribit 1000BONK_USDC-PERPETUAL
Hyperliquid kBONK
Backpack kBONK_USDC_PERP