data as of
Settings8H · net · $10k
Price arb /

BONK

all BONK markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.037%
7d averageif it closes, per $10,000$4funding while held, a day−$34.90
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BONKUSD0.0000033630.0924pay 0.0115% / 1h41m 55s$167K$157K50x
ShortOrderly PERP_1000BONK_USDC0.000003362−0.0240pay 0.0120% / 4h3h 41m$29K$39K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.72
Funding while held
−$34.9
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$54.62
Spread needed to break even
0.160%
Slippage unknown: Kraken Futures: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.1163%
Per $10,000 a day
$34.90
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 2 min ago26.64 bp42.6 bp −$43127.1 bp −$1,271doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.

BONK on 31 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX BONK/USD [ETH-USDC]−10.801%L +0.0057% / S 0.0000%1h$24100xas long as short
Injective BONK/USDC PERP−3.843%+0.0033%1h$3K$36K5.5xas long as short
Coinbase International 1000BONK-PERP-INTX−0.394%−0.0520%1h$43K$20K50xas long as short
Bitget 1000BONKUSDT−0.305%+0.0100%4h$4.2M$2.8M75xas long as short
MEXC 1000BONK_USDT−0.216%+0.0100%4h$10.1M$5.9M125xas long as short
Backpack kBONK_USDC_PERP−0.186%+0.0100%1h$30K$6K10xas long as short
SoDEX 1000BONK-USD−0.186%+0.0100%1h$2K$6K10xas long as short
Extended 1000BONK-USD−0.179%+0.0104%1h$22K$623K25xas long as short
Binance 1000BONKUSDT−0.156%+0.0100%4h$15.1M$46.0M75xas long as short
OKX BONK-USDT-SWAP−0.156%+0.0100%8h$2.5M$6.9M20xas long as short
Show all 31 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit 1000BONKUSDT−0.150%+0.0100%4h$10.1M$14.6M50xas long as short
BingX 1000BONK-USDC−0.126%+0.0100%4h$6.5Mas long as short
KuCoin 1000BONKUSDTM−0.123%+0.0100%4h$2.8M$8.8M75xas long as short
Lighter 1000BONK−0.067%+0.0160%1h$216K$239K10xas long as short
Gate BONK_USDT−0.067%+0.0100%4h$719K$2.2M50xas long as short
Orderly PERP_1000BONK_USDCshort−0.037%−0.0240%4h$29K$39K20x
Variational Omni 1000BONK−0.018%+0.0100%4h$303K$162Kas long as short
Aster 1000BONKUSDT−0.010%+0.0100%4h$60K$243K10xas long as short
Hyperliquid kBONK−0.007%+0.0771%1h$9.9M$6.3M10xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.007%0.0000%1h$12K$90K10xas long as short
Kraken Futures PF_BONKUSDlong0.000%+0.0924%1h$167K$157K50x
ApeX Omni 1000BONKUSDT+0.022%−0.0392%1h$57K$685K25xas long as short
gTrade (Gains Network) BONK/USD+0.052%L +0.0001% / S +0.0001%1h$23150xas long as short
Aevo 1000BONK-PERP+0.052%+0.0104%1h$4K3xas long as short
SunX BONK-USDT+0.052%+0.0100%4h$2K$12K20xas long as short
Reya kBONKRUSDPERP+0.096%+0.0083%1h$415xas long as short
BloFin 1000BONK-USDT+0.111%−0.0140%4h$1.0M$13.4M75xas long as short
Nado kBONK-PERP+0.275%+0.0100%1h$20K$103K10xas long as short
dYdX BONK-USD+0.288%0.0000%1h$12K$3K10xas long as short
Pacifica kBONK+0.349%+0.0100%1h$113K$104K10xas long as short
HTX BONK-USDT+0.587%+0.0100%4h$79K$108K30xas long as short