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

BONK

all BONK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h −0.001%
Price spread now: dYdX against Injective+10.874%7-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
The price spread pays, funding is against you. dYdX is 10.874% dearer against Injective than usual: you sell high and buy low (spread +10.874% now, against zero (this spread has no 7-day history yet)): +$1,087 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about years.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BONK/USDC PERP0.0000032740.0033pay 0.0004% / 1h46m 42s$3K$1135.5x
ShortdYdX BONK-USD0.0000036300get 0.0000% / 1h46m 42s$13K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$7
Price spread: +10.874% → 0.000%
$1,087.35
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$1,070.33
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; dYdX: 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 dYdX no order-book sample
Injective and dYdX: 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 venues

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−0.0016%1h0.000003624+10.690%$44K$53K50xas long as short
dYdX BONK-USDshort0.0000%1h0.000003630+10.874%$13K$3K10x
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003630+10.877%$25150xas long as short
Injective BONK/USDC PERPlong+0.0033%1h0.000003274long leg$3K$1135.5x
Reya kBONKRUSDPERP+0.0083%1h0.000003632+10.932%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003646+11.362%$52K$120K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003635+11.029%$61K$301K10xas long as short
Pacifica kBONK+0.0100%1h0.000003634+10.996%$121K$133K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003636+11.053%$18.7M$77.1M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003632+10.941%$12.3M$23.7M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BONK-USDT-SWAP+0.0100%8h0.000003630+10.874%$3.0M$13.1M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003633+10.965%$1.0M$3.2M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003636+11.057%$11.6M$8.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003633+10.953%$3.0M$10.7M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003624+10.690%$4.6M$4.3M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003633+10.965%$5.0Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003625+10.718%$339K$146Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003631+10.904%$61K$705K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003626+10.751%$31K$52K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003637+11.087%$2K$14K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003634+10.996%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003632+10.935%$103K$130K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003631+10.905%$24K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003632+10.935%$4K3xas long as short
BloFin 1000BONK-USDT+0.0145%4h0.000003630+10.874%$1.1M$19.0M75xas long as short
GMX BONK/USD [ETH-USDC]L +0.0194% / S −0.2801%1h0.000003000−8.369%$400100xas long as short
Lighter 1000BONK+0.0216%1h0.000003635+11.026%$254K$738K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0301%1h0.000003634+10.996%$20K$155K10xas long as short
Hyperliquid kBONK+0.1203%1h0.000003640+11.179%$12.0M$7.3M10xas long as short
Backpack kBONK_USDC_PERP+0.1599%1h0.000003637+11.087%$56K$24K10xas long as short
Kraken Futures PF_BONKUSD+0.2964%1h0.000003643+11.265%$224K$219K50xas long as short