Funding you earn now, next payment 08:00 UTC−0.4490%/8h= −491.7% APRnext payment −$5.61 per $10,000 · paid last 24h −0.303%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.321%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$135 a day on $10k at the current rate, and gTrade (Gains Network) is 0.321% cheaper against Kraken Futures than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BONKUSD | 0.000003550 | 0.4489 | pay 0.0561% / 1h | 2m 14s | $181K | $275K | 50x |
| Short | gTrade (Gains Network) BONK/USD | 0.000003538 | L +0.0001% / S +0.0001% | pay 0.0000% / 1h | 2m 14s | $24 | — | 150x |
Kraken Futures PF_BONKUSD
gTrade (Gains Network) BONK/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$942.95
- Price spread: −0.321% → 0.000%
- −$32.12
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$995.06
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 35 min ago; gTrade (Gains Network): 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 35 min ago | 29.55 bp | 45.9 bp −$46 | 159.6 bp −$1,596 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0040% | 1h | 0.000003545 | −0.132% | $42K | $68K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003533 | −0.462% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USDshort | L +0.0001% / S +0.0001% | 1h | 0.000003538 | −0.321% | $24 | — | 150x | |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −7.767% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003545 | −0.146% | $4 | — | 15x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003545 | −0.134% | $59K | $323K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003539 | −0.301% | $119K | $161K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003542 | −0.217% | $18.6M | $88.4M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003539 | −0.301% | $12.5M | $27.1M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003542 | −0.217% | $3.0M | $15.2M | 20x | as long as short |
Coinbase International 1000BONK-PERP-INTX
dYdX BONK-USD
Injective BONK/USDC PERP
Reya kBONKRUSDPERP
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BONK_USDT | +0.0100% | 4h | 0.000003542 | −0.217% | $951K | $3.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003543 | −0.189% | $11.5M | $9.8M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003540 | −0.273% | $3.0M | $11.0M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003540 | −0.273% | $4.5M | $5.4M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003539 | −0.301% | — | $6.5M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003537 | −0.371% | $332K | $99K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003537 | −0.358% | $60K | $705K | 25x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003542 | −0.217% | $70K | $138K | 10x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003541 | −0.245% | $30K | $51K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003553 | +0.093% | $2K | $15K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003545 | −0.132% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003548 | −0.048% | $101K | $134K | 30x | as long as short |
| BloFin 1000BONK-USDT | +0.0102% | 4h | 0.000003537 | −0.358% | $1.1M | $20.4M | 75x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003544 | −0.156% | $22K | $5K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003544 | −0.161% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.3950% | 1h | 0.000003000 | −15.486% | $540 | — | 100x | as long as short |
| Lighter 1000BONK | +0.0472% | 1h | 0.000003550 | +0.008% | $248K | $769K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0597% | 1h | 0.000003547 | −0.076% | $35K | $164K | 10x | as long as short |
| Hyperliquid kBONK | +0.0950% | 1h | 0.000003551 | +0.037% | $12.2M | $8.5M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1807% | 1h | 0.000003549 | −0.020% | $55K | $23K | 10x | as long as short |
| Kraken Futures PF_BONKUSDlong | +0.4489% | 1h | 0.000003550 | long leg | $181K | $275K | 50x |
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Nado kBONK-PERP
Orderly PERP_1000BONK_USDC
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
BloFin 1000BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
Lighter 1000BONK
Deribit 1000BONK_USDC-PERPETUAL
Hyperliquid kBONK
Backpack kBONK_USDC_PERP