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)+0.061%
7d averageif it closes, per $10,000$6funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kBONK0.0000032700.0100pay 0.0013% / 1h0m 14s$8.8M$5.5M10x
ShortBackpack kBONK_USDC_PERP0.0000032720.0100get 0.0013% / 1h0m 14s$28K$6K10x

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
$6.12
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$12.88
Spread needed to break even
0.190%
Slippage unknown: Hyperliquid: live order book, 4 min ago; Backpack: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Hyperliquid live order book, 4 min ago3.05 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Backpack no order-book sample
Backpack: 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.

BONK on 31 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX BONK/USD [ETH-USDC]−8.257%L +0.0192% / S −0.1951%1h$258100xas long as short
Injective BONK/USDC PERP−1.101%+0.0033%1h$3K$45K5.5xas long as short
Coinbase International 1000BONK-PERP-INTX−0.398%−0.0520%1h$43K$17K50xas long as short
Bitget 1000BONKUSDT−0.214%+0.0062%4h$4.1M$2.4M75xas long as short
Reya kBONKRUSDPERP−0.194%+0.0083%1h$415xas long as short
Orderly PERP_1000BONK_USDC−0.183%−0.0274%4h$28K$27K20xas long as short
Extended 1000BONK-USD−0.174%+0.0104%1h$21K$624K25xas long as short
Gate BONK_USDT−0.153%+0.0048%4h$709K$1.6M50xas long as short
MEXC 1000BONK_USDT−0.153%+0.0100%4h$9.6M$4.5M125xas long as short
KuCoin 1000BONKUSDTM−0.128%+0.0100%4h$2.9M$7.8M75xas long as short
Show all 31 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit 1000BONKUSDT−0.122%+0.0100%4h$9.8M$11.7M50xas long as short
BingX 1000BONK-USDC−0.122%+0.0100%4h$6.5Mas long as short
ApeX Omni 1000BONKUSDT−0.122%+0.0024%1h$55K$687K25xas long as short
Aevo 1000BONK-PERP−0.122%+0.0104%1h$4K3xas long as short
SoDEX 1000BONK-USD−0.122%+0.0100%1h$2K$6K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.122%−0.0973%1h$17K$44K10xas long as short
Binance 1000BONKUSDT−0.092%+0.0100%4h$13.9M$35.7M75xas long as short
Nado kBONK-PERP−0.076%+0.0059%1h$26K$85K10xas long as short
OKX BONK-USDT-SWAP−0.061%+0.0100%8h$2.4M$5.0M20xas long as short
gTrade (Gains Network) BONK/USD−0.052%L +0.0001% / S +0.0001%1h$23150xas long as short
Lighter 1000BONK−0.031%+0.0096%1h$176K$190K10xas long as short
Pacifica kBONK−0.031%+0.0100%1h$112K$94K10xas long as short
Hyperliquid kBONKlong0.000%+0.0100%1h$8.8M$5.5M10x
SunX BONK-USDT0.000%+0.0100%4h$2K$9K20xas long as short
BloFin 1000BONK-USDT0.000%+0.0113%4h$957K$11.3M75xas long as short
dYdX BONK-USD+0.003%0.0000%1h$12K$4K10xas long as short
Aster 1000BONKUSDT+0.006%+0.0100%4h$61K$218K10xas long as short
Kraken Futures PF_BONKUSD+0.007%+0.0092%1h$164K$138K50xas long as short
Variational Omni 1000BONK+0.018%+0.0100%4h$292K$154Kas long as short
Backpack kBONK_USDC_PERPshort+0.061%+0.0100%1h$28K$6K10x
HTX BONK-USDT+0.092%+0.0100%4h$75K$89K30xas long as short