BONK

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−1.741%

7d average−0.159%if it closes, per $10,000$174funding while held, a day−$7.80

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid kBONK	0.000003377	0.0360	pay 0.0045% / 1h	17m 20s	$9.6M	$6.1M	10x
Short	Variational Omni 1000BONK	0.000003318	0.0100	get 0.0050% / 4h	17m 20s	$299K	$159K	—

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee HyperliquidbpFee Variational OmnibpOrdersClose when spread is

Slippage unknown: Hyperliquid: live order book, 7 min ago; Variational Omni: RFQ quote, 33 min ago. Net counts fees only.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 7 min ago	1.50 bp	14.5 bp −$14	24.3 bp −$243	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 33 min ago	5.90 bp	doesn't fit	53.1 bp −$531	doesn't fit	doesn't fit

against the cheapest. Click to use as the short leg.

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
GMX BONK/USD [ETH-USDC]	−11.164%	L +0.0111% / S −0.0001%	1h	$24	—	100x	as long as short
Injective BONK/USDC PERP	−4.235%	+0.0033%	1h	$3K	$36K	5.5x	as long as short
Variational Omni 1000BONKshort	−1.741%	+0.0100%	4h	$299K	$159K	—
ApeX Omni 1000BONKUSDT	−1.303%	−0.0396%	1h	$56K	$687K	25x	as long as short
BloFin 1000BONK-USDT	−1.066%	−0.0215%	4h	$995K	$12.8M	75x	as long as short
Coinbase International 1000BONK-PERP-INTX	−1.007%	−0.0616%	1h	$44K	$18K	50x	as long as short
HTX BONK-USDT	−0.800%	+0.0100%	4h	$80K	$86K	30x	as long as short
Backpack kBONK_USDC_PERP	−0.503%	+0.0100%	1h	$30K	$6K	10x	as long as short
dYdX BONK-USD	−0.392%	0.0000%	1h	$12K	$4K	10x	as long as short
Bitget 1000BONKUSDT	−0.385%	+0.0038%	4h	$4.2M	$2.7M	75x	as long as short

Show all 31 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Aster 1000BONKUSDT	−0.355%	+0.0100%	4h	$57K	$234K	10x	as long as short
Extended 1000BONK-USD	−0.353%	+0.0032%	1h	$22K	$623K	25x	as long as short
SoDEX 1000BONK-USD	−0.326%	+0.0100%	1h	$2K	$6K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	−0.326%	−0.0047%	1h	$23K	$77K	10x	as long as short
Lighter 1000BONK	−0.296%	+0.0096%	1h	$193K	$223K	10x	as long as short
Pacifica kBONK	−0.296%	+0.0100%	1h	$114K	$101K	10x	as long as short
Binance 1000BONKUSDT	−0.222%	+0.0029%	4h	$14.7M	$42.9M	75x	as long as short
Nado kBONK-PERP	−0.207%	+0.0029%	1h	$20K	$98K	10x	as long as short
OKX BONK-USDT-SWAP	−0.207%	+0.0100%	8h	$2.5M	$6.4M	20x	as long as short
Gate BONK_USDT	−0.207%	+0.0100%	4h	$742K	$2.1M	50x	as long as short
SunX BONK-USDT	−0.207%	+0.0100%	4h	$2K	$11K	20x	as long as short
KuCoin 1000BONKUSDTM	−0.207%	+0.0100%	4h	$2.8M	$8.5M	75x	as long as short
Reya kBONKRUSDPERP	−0.200%	+0.0083%	1h	$4	—	15x	as long as short
Kraken Futures PF_BONKUSD	−0.200%	+0.0245%	1h	$175K	$149K	50x	as long as short
BingX 1000BONK-USDC	−0.148%	+0.0100%	4h	—	$6.5M	—	as long as short
gTrade (Gains Network) BONK/USD	−0.139%	L +0.0001% / S +0.0001%	1h	$23	—	150x	as long as short
Aevo 1000BONK-PERP	−0.059%	+0.0088%	1h	$4K	—	3x	as long as short
Orderly PERP_1000BONK_USDC	−0.030%	−0.0267%	4h	$29K	$34K	20x	as long as short
Bybit 1000BONKUSDT	−0.018%	+0.0100%	4h	$10.2M	$13.5M	50x	as long as short
Hyperliquid kBONKlong	0.000%	+0.0360%	1h	$9.6M	$6.1M	10x
MEXC 1000BONK_USDT	0.000%	+0.0028%	4h	$11.0M	$5.5M	125x	as long as short