BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0236%/8h= −25.8% APRnext payment −$0.29 per $10,000 · paid last 24h −0.141%

Price spread now: Coinbase International against Nado−0.137%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.137% cheaper against Nado than usual: you would sell low and buy high (−$14 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	Nado kBONK-PERP	0.000003643	0.0100	pay 0.0012% / 1h	2m 10s	$51K	$119K	10x
Short	Coinbase International 1000BONK-PERP-INTX	0.000003638	−0.0136	pay 0.0017% / 1h	2m 10s	$45K	$52K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee Coinbase InternationalbpOrdersPrice spread, now −0.137%Rate

Funding earned: −$49.56
Price spread: −0.137% → 0.000%: −$13.72
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$80.28
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 16 min ago; Coinbase International: 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 Nado live order book, 16 min ago	4.23 bp	18.2 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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-INTXshort	−0.0136%	1h	0.000003638	−0.137%	$45K	$52K	50x
dYdX BONK-USD	0.0000%	1h	0.000003640	−0.082%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003639	−0.113%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−10.129%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003641	−0.060%	$4	—	15x	as long as short
Nado kBONK-PERPlong	+0.0100%	1h	0.000003643	long leg	$51K	$119K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003644	+0.022%	$61K	$301K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003639	−0.110%	$124K	$129K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003641	−0.055%	$18.8M	$75.6M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003638	−0.129%	$12.3M	$23.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003637	−0.165%	$3.0M	$12.8M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003639	−0.110%	$987K	$3.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003642	−0.027%	$11.2M	$8.5M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003638	−0.140%	$3.0M	$10.7M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003640	−0.082%	$4.7M	$4.2M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003639	−0.110%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003643	−0.004%	$337K	$142K	—	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003639	−0.110%	$31K	$53K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003646	+0.082%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003642	−0.027%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003642	−0.027%	$104K	$131K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003640	−0.071%	$24K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003636	−0.192%	$4K	—	3x	as long as short
BloFin 1000BONK-USDT	+0.0150%	4h	0.000003644	+0.027%	$1.1M	$18.9M	75x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−17.650%	$401	—	100x	as long as short
Lighter 1000BONK	+0.0200%	1h	0.000003645	+0.055%	$255K	$739K	10x	as long as short
ApeX Omni 1000BONKUSDT	+0.0245%	1h	0.000003647	+0.110%	$62K	$704K	25x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0575%	1h	0.000003638	−0.137%	$20K	$155K	10x	as long as short
Hyperliquid kBONK	+0.1547%	1h	0.000003647	+0.110%	$12.1M	$7.1M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1657%	1h	0.000003647	+0.110%	$49K	$18K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2545%	1h	0.000003653	+0.286%	$225K	$219K	50x	as long as short