Spread before costs (cost unknown: a leg has no order-book sample)−11.190%
7d average—if it closes, per $10,000$1119funding while held, a day+$127.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000BONK | 0.000003378 | 0.0096 | pay 0.0012% / 1h | 10m 17s | $200K | $273K | 10x |
| Short | GMX BONK/USD [ETH-USDC] | 0.000003000 | L +0.0197% / S −0.4340% | get 0.0542% / 1h | 10m 17s | $564 | — | 100x |
Lighter 1000BONK
GMX BONK/USD [ETH-USDC]Price 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
- −$1,119.01
- Funding while held
- $127.32
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,003.69
- Spread needed to break even
- 0.120%
Slippage unknown: Lighter: live order book, 7 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.4244%
- Per $10,000 a day
- +$127.32
- 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 Lighter live order book, 7 min ago | 2.96 bp | 14.2 bp −$14 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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
Injective0.000003274+9.133%Coinbase International0.000003366+12.200%ApeX Omni0.000003371+12.367%Aevo0.000003372+12.400%Bybit0.000003373+12.430%Gate0.000003374+12.467%Orderly0.000003374+12.467%Aster0.000003375+12.487%Bitget0.000003375+12.500%BingX0.000003375+12.500%KuCoin0.000003376+12.523%Variational Omni0.000003377+12.554%MEXC0.000003377+12.567%Deribit0.000003377+12.567%BloFin0.000003377+12.567%Binance0.000003377+12.571%dYdX0.000003377+12.572%Extended0.000003377+12.581%Nado0.000003377+12.583%Reya0.000003378+12.588%
Injective
Coinbase International
ApeX Omni
Aevo
Bybit
Gate
Orderly
Aster
Bitget
BingX
KuCoin
Variational Omni
MEXC
Deribit
BloFin
Binance
dYdX
Extended
Nado
ReyaLighter0.000003378+12.600%
Pacifica0.000003378+12.600%gTrade (Gains Network)0.000003378+12.600%SoDEX0.000003378+12.600%OKX0.000003379+12.633%Backpack0.000003381+12.700%HTX0.000003381+12.700%Kraken Futures0.000003381+12.707%SunX0.000003382+12.733%Hyperliquid0.000003383+12.767%
Pacifica
gTrade (Gains Network)
SoDEX
OKX
Backpack
HTX
Kraken Futures
SunX
HyperliquidBONK 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]short | −11.190% | L +0.0197% / S −0.4340% | 1h | $564 | — | 100x | |
| Injective BONK/USDC PERP | −3.079% | +0.0033% | 1h | $3K | $19K | 5.5x | as long as short |
| Coinbase International 1000BONK-PERP-INTX | −0.355% | −0.0408% | 1h | $43K | $20K | 50x | as long as short |
| ApeX Omni 1000BONKUSDT | −0.207% | +0.0100% | 1h | $57K | $684K | 25x | as long as short |
| Aevo 1000BONK-PERP | −0.178% | +0.0104% | 1h | $4K | — | 3x | as long as short |
| Bybit 1000BONKUSDT | −0.151% | +0.0100% | 4h | $10.1M | $15.3M | 50x | as long as short |
| Gate BONK_USDT | −0.118% | +0.0100% | 4h | $747K | $2.4M | 50x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.118% | −0.0090% | 4h | $29K | $43K | 20x | as long as short |
| Aster 1000BONKUSDT | −0.100% | +0.0100% | 4h | $65K | $238K | 10x | as long as short |
| Bitget 1000BONKUSDT | −0.089% | +0.0100% | 4h | $4.2M | $2.9M | 75x | as long as short |