BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.025%

Price spread now: Reya against gTrade (Gains Network)−0.048%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 Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.048% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 46 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BONK/USD	0.000003493	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	23m 54s	$24	—	150x
Short	Reya kBONKRUSDPERP	0.000003491	0.0083	get 0.0010% / 1h	23m 54s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.048%Rate

Funding earned: $17.29
Price spread: −0.048% → 0.000%: −$4.77
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$3.49
Costs to cover: 0.160%
Break-even: 8.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Reya: 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	−0.0136%	1h	0.000003483	−0.289%	$43K	$47K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003486	−0.193%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USDlong	L +0.0001% / S +0.0001%	1h	0.000003493	long leg	$24	—	150x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−6.272%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERPshort	+0.0083%	1h	0.000003491	−0.048%	$4	—	15x
Orderly PERP_1000BONK_USDC	+0.0093%	4h	0.000003498	+0.140%	$30K	$53K	20x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003495	+0.066%	$58K	$299K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003489	−0.117%	$116K	$123K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003494	+0.031%	$17.9M	$71.5M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003489	−0.112%	$11.5M	$22.3M	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	0.000003491	−0.060%	$2.8M	$11.6M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003494	+0.026%	$902K	$3.1M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003492	−0.031%	$10.3M	$8.2M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003494	+0.037%	$3.0M	$10.4M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003490	−0.089%	$4.5M	$3.9M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003495	+0.054%	—	$4.9M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003487	−0.177%	$324K	$141K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003494	+0.026%	$59K	$703K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003492	−0.031%	$42K	$114K	10x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003497	+0.112%	$2K	$13K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003502	+0.255%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003509	+0.455%	$100K	$130K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003491	−0.059%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003496	+0.083%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0119%	4h	0.000003502	+0.255%	$1.0M	$17.8M	75x	as long as short
Lighter 1000BONK	+0.0144%	1h	0.000003505	+0.341%	$246K	$721K	10x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−14.116%	$385	—	100x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0322%	1h	0.000003498	+0.140%	$9K	$134K	10x	as long as short
Hyperliquid kBONK	+0.1570%	1h	0.000003497	+0.112%	$11.6M	$6.7M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1578%	1h	0.000003502	+0.255%	$46K	$17K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2651%	1h	0.000003508	+0.419%	$215K	$218K	50x	as long as short