BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.022%

Price spread now: BloFin against HTX+0.056%59s7-day average −0.140% · you sell dearer than you buy

Net, funding: paid 7d − costs−$228as 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−$2492.489% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.056%, 7d avg −0.140%

Together, before fees+0.077%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.196% dearer against HTX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.140%. The two prices were read 59 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	0.000003584	0.0100	pay 0.0050% / 4h	1h 02m	$102K	$132K	30x
Short	BloFin 1000BONK-USDT	0.000003586	0.0099	get 0.0049% / 4h	1h 02m	$1.1M	$19.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$0.31
Price spread: +0.056% → −0.140%: $19.6
Slippage, 4 orders: −$224.86
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$229.56
Costs to cover: 2.489%
Break-even: never at this rate

Slippage from HTX: live order book, 39 min ago; BloFin: live order book, 7 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, 39 min ago	13.54 bp	200.2 bp −$200	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	5.56 bp	13.2 bp −$13	28.6 bp −$286	96.9 bp −$9,693	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	−0.0016%	1h	0.000003575	−0.251%	$45K	$63K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003579	−0.131%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003579	−0.137%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−8.650%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003580	−0.114%	$4	—	15x	as long as short
BloFin 1000BONK-USDTshort	+0.0099%	4h	0.000003586	+0.056%	$1.1M	$19.6M	75x
Nado kBONK-PERP	+0.0100%	1h	0.000003581	−0.070%	$62K	$128K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003580	−0.114%	$60K	$311K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003580	−0.112%	$119K	$139K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003579	−0.144%	$18.5M	$82.6M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003573	−0.293%	$12.3M	$25.3M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003581	−0.084%	$2.9M	$14.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003580	−0.112%	$977K	$3.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003583	−0.028%	$12.3M	$9.4M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003581	−0.084%	$3.0M	$10.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003576	−0.223%	$4.6M	$4.9M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003578	−0.167%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003594	+0.275%	$338K	$156K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003586	+0.056%	$60K	$706K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003582	−0.056%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003588	+0.112%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003583	−0.028%	$2K	$7K	10x	as long as short
HTX BONK-USDTlong	+0.0100%	4h	0.000003584	long leg	$102K	$132K	30x
Extended 1000BONK-USD	+0.0104%	1h	0.000003581	−0.097%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003578	−0.167%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−16.295%	$547	—	100x	as long as short
Lighter 1000BONK	+0.0224%	1h	0.000003587	+0.084%	$252K	$750K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0588%	1h	0.000003584	0.000%	$35K	$176K	10x	as long as short
Hyperliquid kBONK	+0.1294%	1h	0.000003587	+0.084%	$12.3M	$8.0M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1620%	1h	0.000003587	+0.084%	$55K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.3004%	1h	0.000003594	+0.278%	$221K	$223K	50x	as long as short