BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.006%

Price spread now: Nado against Injective+8.170%49s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 8.170% dearer against Injective than usual: you sell high and buy low: +$817 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BONK/USDC PERP	0.000003274	0.0033	pay 0.0004% / 1h	19m 41s	$3K	$113	5.5x
Short	Nado kBONK-PERP	0.000003541	0.0100	get 0.0012% / 1h	19m 41s	$39K	$108K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee InjectivebpFee NadobpOrdersPrice spread, now +8.170%Rate

Funding earned: $14
Price spread: +8.170% → 0.000%: $817.04
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $824.02
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Nado: live order book, 4 min ago. Net counts fees only.

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 Nado live order book, 4 min ago	2.85 bp	12.0 bp −$12	doesn't fit	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 on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International 1000BONK-PERP-INTX	−0.0312%	1h	0.000003544	+8.247%	$44K	$40K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003540	+8.134%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003544	+8.235%	$24	—	150x	as long as short
Injective BONK/USDC PERPlong	+0.0033%	1h	0.000003274	long leg	$3K	$113	5.5x
Orderly PERP_1000BONK_USDC	+0.0082%	4h	0.000003542	+8.186%	$30K	$54K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003543	+8.229%	$4	—	15x	as long as short
Nado kBONK-PERPshort	+0.0100%	1h	0.000003541	+8.170%	$39K	$108K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003542	+8.179%	$82K	$250K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003543	+8.216%	$121K	$110K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003541	+8.159%	$17.5M	$63.7M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003540	+8.112%	$11.5M	$19.7M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003541	+8.155%	$2.6M	$10.0M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003545	+8.277%	$886K	$2.8M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003540	+8.125%	$10.0M	$7.6M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003547	+8.338%	$3.0M	$10.0M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003544	+8.247%	$4.5M	$3.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003543	+8.216%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003518	+7.449%	$326K	$140K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003516	+7.392%	$59K	$707K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003549	+8.400%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003545	+8.277%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003551	+8.461%	$101K	$121K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003545	+8.263%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003541	+8.155%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0107%	4h	0.000003518	+7.453%	$1.0M	$16.6M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−8.369%	$592	—	100x	as long as short
Lighter 1000BONK	+0.0208%	1h	0.000003550	+8.430%	$249K	$692K	10x	as long as short
Hyperliquid kBONK	+0.0853%	1h	0.000003552	+8.491%	$10.5M	$5.0M	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.1162%	1h	0.000003546	+8.308%	$6K	$123K	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1434%	1h	0.000003552	+8.491%	$49K	$16K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2363%	1h	0.000003554	+8.549%	$226K	$176K	50x	as long as short