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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: HTX against MEXC+0.507%7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$810.807% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.205%+$20 on $10k
Price spread, last 3 days (all we have)−0.515%−$51 · spread now +0.507%, 7d avg +0.150%
Together, before fees−0.310%−$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.357% dearer against MEXC than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of +0.150%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 1000BONK_USDT0.0000033520.0100pay 0.0050% / 4h22m 00s$10.2M$6.2M125x
ShortHTX BONK-USDT0.0000033690.0100get 0.0050% / 4h22m 00s$80K$117K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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
$0
Price spread: +0.507% → +0.150%
$35.67
Slippage, 4 orders
−$68.69
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$45.02
Costs to cover
0.807%
Break-even
never at this rate
Slippage from MEXC: live order book, 10 min ago; HTX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 10 min ago1.48 bp4.3 bp −$412.0 bp −$12070.1 bp −$7,008133.4 bp −$66.7K
Sell HTX live order book, 8 min ago19.22 bp26.7 bp −$27doesn't fitdoesn't fitdoesn't fit

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−0.0280%1h0.000003361+0.268%$43K$20K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003365+0.388%$1.0M$12.6M75xas long as short
Orderly PERP_1000BONK_USDC−0.0040%4h0.000003353+0.030%$29K$42K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003355+0.101%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003360+0.239%$12K$3K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.000003354+0.060%$11K$100K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.327%$3K$9K5.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003355+0.077%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003355+0.089%$197K$273K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003356+0.134%$17K$104K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000BONKUSDT+0.0100%4h0.000003354+0.067%$64K$238K10xas long as short
Pacifica kBONK+0.0100%1h0.000003362+0.298%$114K$109K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003356+0.128%$15.1M$47.7M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003356+0.119%$10.1M$15.5M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003357+0.149%$2.4M$7.3M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003355+0.089%$740K$2.5M50xas long as short
MEXC 1000BONK_USDTlong+0.0100%4h0.000003352long leg$10.2M$6.2M125x
KuCoin 1000BONKUSDTM+0.0100%4h0.000003353+0.030%$2.7M$9.5M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003353+0.030%$4.2M$2.9M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003356+0.119%$8.2Mas long as short
Backpack kBONK_USDC_PERP+0.0100%1h0.000003358+0.179%$30K$6K10xas long as short
Variational Omni 1000BONK+0.0100%4h0.000003362+0.313%$302K$105Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003365+0.388%$57K$689K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003366+0.418%$2K$11K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003355+0.089%$2K$6K10xas long as short
HTX BONK-USDTshort+0.0100%4h0.000003369+0.507%$80K$117K30x
Extended 1000BONK-USD+0.0104%1h0.000003352+0.011%$22K$2K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.0000033520.000%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.4340%1h0.000003000−10.501%$561100xas long as short
Hyperliquid kBONK+0.0721%1h0.000003362+0.298%$10.0M$6.7M10xas long as short
Kraken Futures PF_BONKUSD+0.1250%1h0.000003364+0.355%$205K$180K50xas long as short