BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.021%

Price spread now: Nado against gTrade (Gains Network)−0.171%174s7-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 Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.171% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5.7 days of funding at the current rate (+$3 a day). The two prices were read 174 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BONK/USD	0.000003513	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	57m 32s	$24	—	150x
Short	Nado kBONK-PERP	0.000003508	0.0100	get 0.0012% / 1h	57m 32s	$65K	$142K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.171%Rate

Funding earned: $20.88
Price spread: −0.171% → 0.000%: −$17.08
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$13.19
Costs to cover: 0.170%
Break-even: 11.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Nado: live order book, 6 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 Nado live order book, 6 min ago	2.86 bp	17.6 bp −$18	doesn't fit	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	−0.0096%	1h	0.000003510	−0.100%	$47K	$94K	50x	as long as short
gTrade (Gains Network) BONK/USDlong	L +0.0001% / S +0.0001%	1h	0.000003513	long leg	$24	—	150x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.817%	$3K	$113	5.5x	as long as short
BloFin 1000BONK-USDT	+0.0060%	4h	0.000003511	−0.071%	$1.1M	$20.1M	75x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003507	−0.189%	$4	—	15x	as long as short
Nado kBONK-PERPshort	+0.0100%	1h	0.000003508	−0.171%	$65K	$142K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003507	−0.194%	$48K	$291K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003505	−0.242%	$116K	$161K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003507	−0.190%	$18.0M	$91.4M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003505	−0.242%	$12.5M	$27.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003506	−0.213%	$3.1M	$15.3M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003502	−0.327%	$927K	$3.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003508	−0.157%	$11.3M	$10.4M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003503	−0.285%	$2.9M	$11.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003503	−0.299%	$4.5M	$5.5M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003505	−0.242%	—	$5.1M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003517	+0.095%	$343K	$119K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003519	+0.157%	$59K	$696K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003507	−0.185%	$30K	$51K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003514	+0.014%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003505	−0.242%	$3K	$8K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003508	−0.157%	$100K	$136K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003502	−0.340%	$22K	$5K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003506	−0.213%	$4K	—	3x	as long as short
Lighter 1000BONK	+0.0136%	1h	0.000003506	−0.213%	$246K	$735K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−14.615%	$538	—	100x	as long as short
Hyperliquid kBONK	+0.0527%	1h	0.000003507	−0.185%	$11.9M	$8.5M	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0606%	1h	0.000003509	−0.128%	$24K	$162K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1458%	1h	0.000003506	−0.213%	$54K	$24K	10x	as long as short
dYdX BONK-USD	+0.1650%	1h	0.000003502	−0.317%	$13K	$10K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1807%	1h	0.000003510	−0.112%	$178K	$272K	50x	as long as short