Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.030%
Price spread now: Aevo against Injective+5.192%59s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 5.192% dearer against Injective than usual: you sell high and buy low: +$519 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BONK/USDC PERP0.0000032740.0033pay 0.0004% / 1h55m 22s$3K$575.5x
ShortAevo 1000BONK-PERP0.0000034440.0104get 0.0013% / 1h55m 22s$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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

Funding earned
$14.84
Price spread: +5.192% → 0.000%
$519.24
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
$518.06
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aevo no order-book sample
Injective and Aevo: 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 on 31 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0056%1h0.000003453+5.467%$45K$91K50xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003448+5.324%$24150xas long as short
Injective BONK/USDC PERPlong+0.0033%1h0.000003274long leg$3K$575.5x
Deribit 1000BONK_USDC-PERPETUAL+0.0040%1h0.000003446+5.254%$24K$162K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003445+5.228%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003450+5.376%$244K$735K10xas long as short
BloFin 1000BONK-USDT+0.0098%4h0.000003457+5.589%$1.1M$19.7M75xas long as short
Nado kBONK-PERP+0.0100%1h0.000003446+5.269%$67K$133K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003445+5.217%$47K$218K10xas long as short
Pacifica kBONK+0.0100%1h0.000003449+5.345%$114K$150K10xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003446+5.258%$17.7M$89.5M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003443+5.153%$12.1M$26.3M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003445+5.223%$3.0M$14.7M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003445+5.223%$916K$3.3M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003444+5.192%$10.9M$10.5M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003448+5.327%$2.9M$10.7M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003444+5.192%$4.4M$5.2M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003446+5.254%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003440+5.059%$335K$126Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003456+5.559%$58K$695K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003442+5.131%$29K$47K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003453+5.467%$2K$14K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003446+5.254%$2K$10K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003451+5.406%$98K$138K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003447+5.295%$22K$5K25xas long as short
Aevo 1000BONK-PERPshort+0.0104%1h0.000003444+5.192%$4K3x
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−8.369%$526100xas long as short
Hyperliquid kBONK+0.0402%1h0.000003451+5.406%$11.8M$8.3M10xas long as short
Backpack kBONK_USDC_PERP+0.1092%1h0.000003450+5.376%$54K$25K10xas long as short
Kraken Futures PF_BONKUSD+0.1648%1h0.000003450+5.385%$175K$253K50xas long as short
dYdX BONK-USD+0.2813%1h0.000003448+5.320%$13K$12K10xas long as short