data as of
Settings8H · net · $10k
Price arb /

BONK

all BONK markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+10.500%
7d averageif it closes, per $10,000$1050funding while held, a day−$10.39
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BONK/USD [ETH-USDC]0.000003000L +0.0170% / S −0.3741%pay 0.0021% / 1h8m 24s$556100x
ShortOrderly PERP_1000BONK_USDC0.000003315−0.0176pay 0.0088% / 4h2h 08m$28K$42K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1,050
Funding while held
−$10.39
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$1,021.61
Spread needed to break even
0.180%
Slippage unknown: GMX: no order-book sample; Orderly: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0346%
Per $10,000 a day
$10.39
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Orderly no order-book sample
GMX and Orderly: 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
Injective0.000003274+9.133%
Reya0.000003314+10.457%
Extended0.000003314+10.482%
Binance0.000003315+10.500%
Orderly0.000003315+10.500%
SoDEX0.000003315+10.500%
Gate0.000003315+10.500%
Bybit0.000003315+10.513%
MEXC0.000003316+10.533%
Bitget0.000003316+10.533%
Aevo0.000003316+10.533%
gTrade (Gains Network)0.000003317+10.553%
KuCoin0.000003317+10.563%
BingX0.000003317+10.567%
Deribit0.000003317+10.567%
Nado0.000003318+10.600%
Pacifica0.000003318+10.600%
dYdX0.000003318+10.609%
Aster0.000003318+10.614%
Lighter0.000003319+10.633%
OKX0.000003319+10.633%
BloFin0.000003319+10.633%
Coinbase International0.000003322+10.733%
Kraken Futures0.000003323+10.763%
Hyperliquid0.000003323+10.767%
Backpack0.000003323+10.767%
HTX0.000003324+10.800%
ApeX Omni0.000003328+10.933%
Variational Omni0.000003331+11.043%
SunX0.000003332+11.067%

BONK on 31 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX BONK/USD [ETH-USDC]long0.000%L +0.0170% / S −0.3741%1h$556100x
Injective BONK/USDC PERP+9.133%−0.0694%1h$3K$29K5.5xas long as short
Reya kBONKRUSDPERP+10.457%+0.0083%1h$415xas long as short
Extended 1000BONK-USD+10.482%+0.0104%1h$22K$313K25xas long as short
Binance 1000BONKUSDT+10.500%+0.0100%4h$14.8M$46.3M75xas long as short
Orderly PERP_1000BONK_USDCshort+10.500%−0.0176%4h$28K$42K20x
SoDEX 1000BONK-USD+10.500%+0.0100%1h$2K$6K10xas long as short
Gate BONK_USDT+10.500%+0.0100%4h$705K$2.4M50xas long as short
Bybit 1000BONKUSDT+10.513%+0.0100%4h$9.9M$15.1M50xas long as short
MEXC 1000BONK_USDT+10.533%+0.0100%4h$10.2M$6.4M125xas long as short
Show all 31 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget 1000BONKUSDT+10.533%+0.0100%4h$4.1M$2.8M75xas long as short
Aevo 1000BONK-PERP+10.533%+0.0104%1h$4K3xas long as short
gTrade (Gains Network) BONK/USD+10.553%L +0.0001% / S +0.0001%1h$23150xas long as short
KuCoin 1000BONKUSDTM+10.563%+0.0100%4h$2.8M$9.1M75xas long as short
BingX 1000BONK-USDT+10.567%+0.0100%4h$8.0Mas long as short
Deribit 1000BONK_USDC-PERPETUAL+10.567%−0.0051%1h$10K$100K10xas long as short
Nado kBONK-PERP+10.600%+0.0100%1h$19K$102K10xas long as short
Pacifica kBONK+10.600%+0.0100%1h$112K$108K10xas long as short
dYdX BONK-USD+10.609%0.0000%1h$12K$3K10xas long as short
Aster 1000BONKUSDT+10.614%+0.0100%4h$64K$249K10xas long as short
Lighter 1000BONK+10.633%+0.0096%1h$213K$247K10xas long as short
OKX BONK-USDT-SWAP+10.633%+0.0100%8h$2.4M$7.0M20xas long as short
BloFin 1000BONK-USDT+10.633%−0.0140%4h$1.0M$12.3M75xas long as short
Coinbase International 1000BONK-PERP-INTX+10.733%−0.0488%1h$43K$19K50xas long as short
Kraken Futures PF_BONKUSD+10.763%+0.0908%1h$170K$139K50xas long as short
Hyperliquid kBONK+10.767%+0.0820%1h$10.1M$6.5M10xas long as short
Backpack kBONK_USDC_PERP+10.767%+0.0100%1h$30K$6K10xas long as short
HTX BONK-USDT+10.800%+0.0100%4h$78K$94K30xas long as short
ApeX Omni 1000BONKUSDT+10.933%+0.0100%1h$56K$686K25xas long as short
Variational Omni 1000BONK+11.043%+0.0100%4h$300K$166Kas long as short
SunX BONK-USDT+11.067%+0.0100%4h$2K$11K20xas long as short