BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against HTX−0.683%53s7-day average −0.131% · you buy dearer than you sell

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1761.758% of the position

Long on HTX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 3 days (all we have)+0.740%+$74 · spread now −0.683%, 7d avg −0.131%

Together, before fees+0.673%+ Points / potential airdropAster: Stage 5 · farm board+$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.552% cheaper against HTX than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of −0.131%). Swap the legs. The two prices were read 53 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	HTX BONK-USDT	0.000003382	0.0115	pay 0.0058% / 4h	1h 28m	$91K	$150K	30x
Short	Aster 1000BONKUSDT	0.000003359	0.0100	get 0.0050% / 4h	1h 28m	$64K	$251K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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 HTXbpFee AsterbpOrdersPrice spread, now −0.683%Rate

Funding earned: −$3.23
Price spread: −0.683% → −0.131%: −$55.22
Slippage, 4 orders: −$155.76
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$234.21
Costs to cover: 1.758%
Break-even: never at this rate

Slippage from HTX: live order book, 52 min ago; Aster: live order book, 53 min ago.

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 HTX live order book, 52 min ago	29.53 bp	70.8 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 53 min ago	10.38 bp	24.7 bp −$25	184.1 bp −$1,841	doesn't fit	doesn't fit

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	−0.0248%	1h	0.000003340	−1.242%	$42K	$22K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003359	−0.680%	$1.0M	$13.3M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0078%	4h	0.000003357	−0.739%	$29K	$41K	20x	as long as short
gTrade (Gains Network) BONK/USD	L 0.0000% / S +0.0001%	1h	0.000003357	−0.742%	$1K	—	150x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003359	−0.692%	$12K	$3K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	0.0000%	1h	0.000003358	−0.710%	$2K	$110K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.193%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003357	−0.737%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003363	−0.562%	$189K	$300K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003360	−0.651%	$19K	$106K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster 1000BONKUSDTshort	+0.0100%	4h	0.000003359	−0.683%	$64K	$251K	10x
Pacifica kBONK	+0.0100%	1h	0.000003360	−0.651%	$114K	$123K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003359	−0.668%	$15.1M	$51.5M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003359	−0.692%	$10.2M	$16.6M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003355	−0.798%	$2.4M	$7.7M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003357	−0.739%	$742K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003360	−0.651%	$10.2M	$6.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003358	−0.719%	$2.7M	$9.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003359	−0.680%	$4.2M	$3.1M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003358	−0.710%	—	$6.5M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003361	−0.621%	$30K	$7K	10x	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003352	−0.885%	$301K	$121K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003362	−0.591%	$57K	$699K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003361	−0.621%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003356	−0.769%	$2K	$6K	10x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003353	−0.847%	$22K	$2K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003357	−0.739%	$4K	—	3x	as long as short
HTX BONK-USDTlong	+0.0115%	4h	0.000003382	long leg	$91K	$150K	30x
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.4340%	1h	0.000003000	−11.295%	$562	—	100x	as long as short
Hyperliquid kBONK	+0.0925%	1h	0.000003367	−0.444%	$10.1M	$7.4M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.0964%	1h	0.000003360	−0.639%	$204K	$149K	50x	as long as short