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

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.027%
Price spread now: Pacifica against Injective+2.260%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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 2.260% dearer against Injective than usual: you sell high and buy low: +$226 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BONK/USDC PERP0.0000032740.0033pay 0.0004% / 1h10m 31s$3K$1135.5x
ShortPacifica kBONK0.0000033480.0100get 0.0013% / 1h10m 31s$114K$120K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
Price spread: +2.260% → 0.000%
$226.02
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$232
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 12 min ago. 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 Pacifica live order book, 12 min ago4.45 bp19.4 bp −$19doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0320%1h0.000003344+2.138%$43K$22K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003343+2.108%$1.0M$13.1M75xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.0049%1h0.000003346+2.199%$2K$110K10xas long as short
Orderly PERP_1000BONK_USDC−0.0047%4h0.000003343+2.108%$29K$41K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003346+2.202%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003344+2.133%$12K$3K10xas long as short
Injective BONK/USDC PERPlong+0.0033%1h0.000003274long leg$3K$1135.5x
Reya kBONKRUSDPERP+0.0083%1h0.000003343+2.118%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003350+2.321%$198K$290K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003344+2.137%$64K$251K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONKshort+0.0100%1h0.000003348+2.260%$114K$120K10x
Binance 1000BONKUSDT+0.0100%4h0.000003350+2.307%$15.0M$51.0M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003347+2.230%$10.1M$16.6M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003350+2.321%$2.4M$7.6M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003343+2.108%$738K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003344+2.138%$10.0M$6.7M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003345+2.178%$2.7M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003349+2.291%$4.2M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003348+2.260%$8.0Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003350+2.321%$30K$7K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003354+2.454%$302K$104Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003352+2.382%$57K$695K25xas long as short
Nado kBONK-PERP+0.0100%1h0.000003348+2.276%$19K$108K10xas long as short
SunX BONK-USDT+0.0100%4h0.000003345+2.169%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003345+2.169%$2K$6K10xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003348+2.263%$22K$2K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003344+2.138%$4K3xas long as short
HTX BONK-USDT+0.0181%4h0.000003385+3.390%$78K$123K30xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−8.369%$559100xas long as short
Hyperliquid kBONK+0.0737%1h0.000003356+2.505%$9.9M$7.2M10xas long as short
Kraken Futures PF_BONKUSD+0.1147%1h0.000003349+2.301%$203K$148K50xas long as short