Spread before costs (cost unknown: a leg has no order-book sample)+8.607%
7d average—if it closes, per $10,000$861funding while held, a day−$2.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BONK/USD [ETH-USDC] | 0.000003000 | L +0.0192% / S −0.1951% | pay 0.0024% / 1h | 40m 21s | $258 | — | 100x |
| Short | Binance 1000BONKUSDT | 0.000003258 | 0.0100 | get 0.0050% / 4h | 1h 40m | $13.8M | $36.5M | 75x |
GMX BONK/USD [ETH-USDC]
Binance 1000BONKUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $860.7
- Funding while held
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $835.94
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0092%
- Per $10,000 a day
- −$2.76
- Average in range /8h
- —
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 GMX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 1.54 bp | 11.2 bp −$11 | 30.0 bp −$300 | 124.7 bp −$12.5K | doesn't fit |
GMX: 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 price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000003000cheapest
Coinbase International0.000003218+7.267%
Coinbase InternationalInjective0.000003234+7.800%
InjectiveApeX Omni0.000003249+8.300%
ApeX OmniBitget0.000003252+8.400%
BitgetVariational Omni0.000003256+8.523%
Variational OmniExtended0.000003257+8.558%
ExtendedOKX0.000003258+8.600%
OKXSoDEX0.000003258+8.600%
SoDEXDeribit0.000003258+8.600%
DeribitReya0.000003258+8.606%
ReyaBinance0.000003258+8.607%
Nado0.000003258+8.617%
NadoAster0.000003259+8.625%
AstergTrade (Gains Network)0.000003259+8.627%
gTrade (Gains Network)Gate0.000003259+8.633%
GateMEXC0.000003259+8.633%
MEXCBingX0.000003259+8.633%
BingXBloFin0.000003259+8.633%
BloFindYdX0.000003259+8.634%
dYdXLighter0.000003260+8.667%
LighterPacifica0.000003260+8.667%
PacificaBackpack0.000003260+8.667%
BackpackOrderly0.000003261+8.700%
OrderlyHTX0.000003261+8.700%
HTXKuCoin0.000003262+8.727%
KuCoinAevo0.000003262+8.733%
AevoHyperliquid0.000003263+8.767%
HyperliquidKraken Futures0.000003263+8.773%
Kraken FuturesBybit0.000003263+8.777%
BybitSunX0.000003264+8.800%
SunXBONK on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BONK/USD [ETH-USDC]long | 0.000% | L +0.0192% / S −0.1951% | 1h | $258 | — | 100x | |
| Coinbase International 1000BONK-PERP-INTX | +7.267% | −0.0576% | 1h | $43K | $17K | 50x | as long as short |
| Injective BONK/USDC PERP | +7.800% | +0.0033% | 1h | $3K | $45K | 5.5x | as long as short |
| ApeX Omni 1000BONKUSDT | +8.300% | −0.0344% | 1h | $55K | $687K | 25x | as long as short |
| Bitget 1000BONKUSDT | +8.400% | +0.0020% | 4h | $4.1M | $2.4M | 75x | as long as short |
| Variational Omni 1000BONK | +8.523% | +0.0100% | 4h | $291K | $154K | — | as long as short |
| Extended 1000BONK-USD | +8.558% | +0.0104% | 1h | $21K | $624K | 25x | as long as short |
| OKX BONK-USDT-SWAP | +8.600% | +0.0100% | 8h | $2.4M | $5.0M | 20x | as long as short |
| SoDEX 1000BONK-USD | +8.600% | +0.0100% | 1h | $2K | $6K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +8.600% | −0.0670% | 1h | $20K | $61K | 10x | as long as short |