Funding you earn now, next payment 09:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Reya against Nado−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Reya is 0.044% cheaper against Nado than usual: you would sell low and buy high (−$4 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 | 0.000003500 | 0.0100 | pay 0.0012% / 1h | 37m 18s | $70K | $137K | 10x |
| Short | Reya kBONKRUSDPERP | 0.000003499 | 0.0083 | get 0.0010% / 1h | 37m 18s | $4 | — | 15x |
Nado kBONK-PERP
Reya kBONKRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Nado. 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
- −$3.6
- Price spread: −0.044% → 0.000%
- −$4.43
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$21.03
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 31 min ago; Reya: 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, 31 min ago | 2.83 bp | 15.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.0024% | 1h | 0.000003477 | −0.671% | $42K | $66K | 50x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003496 | −0.126% | $24 | — | 150x | as long as short |
| dYdX BONK-USD | +0.0018% | 1h | 0.000003495 | −0.146% | $13K | $3K | 10x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −6.471% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERPshort | +0.0083% | 1h | 0.000003499 | −0.044% | $4 | — | 15x | |
| Nado kBONK-PERPlong | +0.0100% | 1h | 0.000003500 | long leg | $70K | $137K | 10x | |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003502 | +0.043% | $47K | $332K | 10x | as long as short |
| Pacifica kBONK | +0.0100% | 1h | 0.000003501 | +0.014% | $116K | $163K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003499 | −0.043% | $18.0M | $89.4M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003496 | −0.114% | $12.4M | $27.1M | 50x | as long as short |
Coinbase International 1000BONK-PERP-INTX
gTrade (Gains Network) BONK/USD
dYdX BONK-USD
Injective BONK/USDC PERP
Aster 1000BONKUSDT
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003499 | −0.043% | $3.0M | $15.0M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003495 | −0.157% | $923K | $3.5M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003500 | −0.014% | $11.4M | $10.0M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003499 | −0.046% | $3.0M | $11.0M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003498 | −0.071% | $4.5M | $5.4M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003498 | −0.071% | — | $5.1M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003476 | −0.702% | $327K | $99K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003491 | −0.271% | $59K | $700K | 25x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003497 | −0.100% | $30K | $51K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003504 | +0.100% | $2K | $15K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003498 | −0.071% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003502 | +0.043% | $99K | $134K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003498 | −0.084% | $22K | $5K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003496 | −0.129% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0130% | 4h | 0.000003502 | +0.043% | $1.1M | $20.1M | 75x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.3950% | 1h | 0.000003000 | −14.298% | $534 | — | 100x | as long as short |
| Lighter 1000BONK | +0.0304% | 1h | 0.000003502 | +0.043% | $246K | $759K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0322% | 1h | 0.000003500 | −0.014% | $34K | $164K | 10x | as long as short |
| Hyperliquid kBONK | +0.0605% | 1h | 0.000003505 | +0.129% | $12.0M | $8.2M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1805% | 1h | 0.000003504 | +0.100% | $54K | $23K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2964% | 1h | 0.000003502 | +0.051% | $179K | $272K | 50x | as long as short |
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Orderly PERP_1000BONK_USDC
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
BloFin 1000BONK-USDT
GMX BONK/USD [ETH-USDC]
Lighter 1000BONK
Deribit 1000BONK_USDC-PERPETUAL
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD