Spread before costs (cost unknown: a leg has no order-book sample)+4.669%
7d average—if it closes, per $10,000$467funding while held, a day+$10.21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BONK/USDC PERP | 0.000003234 | 0.0033 | pay 0.0004% / 1h | 13m 48s | $3K | $36K | 5.5x |
| Short | Hyperliquid kBONK | 0.000003385 | 0.0374 | get 0.0047% / 1h | 13m 48s | $9.6M | $6.1M | 10x |
Injective BONK/USDC PERP
Hyperliquid kBONKPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $466.91
- Funding while held
- $10.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $468.1
- Spread needed to break even
- 0.090%
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0340%
- Per $10,000 a day
- +$10.21
- Average in range /8h
- —
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 Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 10 min ago | 1.50 bp | 7.2 bp −$7 | 26.2 bp −$262 | doesn't fit | doesn't fit |
Injective: 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.GMX0.000003000cheapest
GMXInjective0.000003234+7.800%
ApeX Omni0.000003333+11.100%Coinbase International0.000003343+11.433%Variational Omni0.000003362+12.074%BloFin0.000003366+12.200%Aevo0.000003368+12.267%SoDEX0.000003368+12.267%Deribit0.000003368+12.267%Reya0.000003369+12.295%gTrade (Gains Network)0.000003369+12.297%Nado0.000003369+12.300%Orderly0.000003369+12.300%SunX0.000003374+12.467%Backpack0.000003375+12.500%Kraken Futures0.000003376+12.531%Gate0.000003377+12.567%Aster0.000003378+12.609%Binance0.000003379+12.633%Bitget0.000003379+12.633%Extended0.000003379+12.645%HTX0.000003380+12.667%BingX0.000003380+12.667%dYdX0.000003381+12.700%Pacifica0.000003381+12.700%KuCoin0.000003382+12.717%OKX0.000003382+12.733%Lighter0.000003384+12.800%
ApeX Omni
Coinbase International
Variational Omni
BloFin
Aevo
SoDEX
Deribit
Reya
gTrade (Gains Network)
Nado
Orderly
SunX
Backpack
Kraken Futures
Gate
Aster
Binance
Bitget
Extended
HTX
BingX
dYdX
Pacifica
KuCoin
OKX
LighterHyperliquid0.000003385+12.833%
Bybit0.000003387+12.883%MEXC0.000003387+12.900%
Bybit
MEXCBONK on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BONK/USD [ETH-USDC] | −7.236% | L +0.0106% / S −0.0001% | 1h | $24 | — | 100x | as long as short |
| Injective BONK/USDC PERPlong | 0.000% | +0.0033% | 1h | $3K | $36K | 5.5x | |
| ApeX Omni 1000BONKUSDT | +3.061% | −0.0396% | 1h | $56K | $687K | 25x | as long as short |
| Coinbase International 1000BONK-PERP-INTX | +3.370% | −0.0616% | 1h | $44K | $18K | 50x | as long as short |
| Variational Omni 1000BONK | +3.965% | +0.0100% | 4h | $303K | $159K | — | as long as short |
| BloFin 1000BONK-USDT | +4.082% | −0.0198% | 4h | $1.0M | $13.0M | 75x | as long as short |
| Aevo 1000BONK-PERP | +4.143% | +0.0088% | 1h | $4K | — | 3x | as long as short |
| SoDEX 1000BONK-USD | +4.143% | +0.0100% | 1h | $2K | $6K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +4.143% | 0.0000% | 1h | $23K | $77K | 10x | as long as short |
| Reya kBONKRUSDPERP | +4.169% | +0.0083% | 1h | $4 | — | 15x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) BONK/USD | +4.171% | L +0.0001% / S +0.0001% | 1h | $23 | — | 150x | as long as short |
| Nado kBONK-PERP | +4.174% | +0.0037% | 1h | $20K | $98K | 10x | as long as short |
| Orderly PERP_1000BONK_USDC | +4.174% | −0.0268% | 4h | $29K | $35K | 20x | as long as short |
| SunX BONK-USDT | +4.329% | +0.0100% | 4h | $2K | $11K | 20x | as long as short |
| Backpack kBONK_USDC_PERP | +4.360% | +0.0100% | 1h | $30K | $6K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +4.389% | +0.0245% | 1h | $176K | $149K | 50x | as long as short |
| Gate BONK_USDT | +4.422% | +0.0090% | 4h | $738K | $2.1M | 50x | as long as short |
| Aster 1000BONKUSDT | +4.461% | +0.0100% | 4h | $57K | $234K | 10x | as long as short |
| Binance 1000BONKUSDT | +4.484% | +0.0046% | 4h | $14.8M | $43.2M | 75x | as long as short |
| Bitget 1000BONKUSDT | +4.484% | +0.0044% | 4h | $4.2M | $2.7M | 75x | as long as short |
| Extended 1000BONK-USD | +4.494% | +0.0040% | 1h | $22K | $623K | 25x | as long as short |
| HTX BONK-USDT | +4.515% | +0.0100% | 4h | $81K | $86K | 30x | as long as short |
| BingX 1000BONK-USDT | +4.515% | +0.0100% | 4h | — | $7.4M | — | as long as short |
| dYdX BONK-USD | +4.545% | 0.0000% | 1h | $12K | $4K | 10x | as long as short |
| Pacifica kBONK | +4.545% | +0.0100% | 1h | $114K | $101K | 10x | as long as short |
| KuCoin 1000BONKUSDTM | +4.561% | +0.0100% | 4h | $2.8M | $8.6M | 75x | as long as short |
| OKX BONK-USDT-SWAP | +4.576% | +0.0100% | 8h | $2.5M | $6.4M | 20x | as long as short |
| Lighter 1000BONK | +4.638% | +0.0096% | 1h | $194K | $223K | 10x | as long as short |
| Hyperliquid kBONKshort | +4.669% | +0.0374% | 1h | $9.6M | $6.1M | 10x | |
| Bybit 1000BONKUSDT | +4.716% | +0.0100% | 4h | $10.4M | $13.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +4.731% | +0.0040% | 4h | $10.8M | $5.6M | 125x | as long as short |