After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.381%7d average+0.075%fees + slippage, in and out−$54spread needed0.541%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BONK-USDT-SWAP | 0.000003412 | 0.0100 | pay 0.0100% / 8h | 8m 36s | $2.5M | $6.6M | 20x |
| Short | Hyperliquid kBONK | 0.000003425 | 0.0390 | get 0.0049% / 1h | 8m 36s | $9.9M | $6.2M | 10x |
OKX BONK-USDT-SWAP
Hyperliquid kBONKPrice 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
- $38.1
- Funding while held
- $8.71
- Slippage, 4 orders
- −$35.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$7.3
- Spread needed to break even
- 0.541%
Slippage from OKX: live order book, 1 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0290%
- Per $10,000 a day
- +$8.71
- 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 OKX live order book, 1 min ago | 2.93 bp | 17.4 bp −$17 | 74.2 bp −$742 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 2.95 bp | 10.7 bp −$11 | 30.6 bp −$306 | doesn't fit | doesn't fit |
BONK price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000003000cheapest
GMXInjective0.000003234+7.800%
Variational Omni0.000003391+13.045%ApeX Omni0.000003397+13.233%Binance0.000003410+13.667%Bybit0.000003411+13.697%Reya0.000003411+13.712%
Injective
Variational Omni
ApeX Omni
Binance
Bybit
ReyaOKX0.000003412+13.733%
Bitget0.000003412+13.733%Extended0.000003413+13.759%Gate0.000003414+13.800%KuCoin0.000003415+13.827%BingX0.000003415+13.833%SoDEX0.000003415+13.833%BloFin0.000003417+13.900%MEXC0.000003418+13.933%Backpack0.000003418+13.933%Orderly0.000003418+13.933%dYdX0.000003419+13.962%Aster0.000003420+13.997%Pacifica0.000003420+14.000%Aevo0.000003420+14.000%Coinbase International0.000003420+14.000%gTrade (Gains Network)0.000003420+14.013%Lighter0.000003422+14.067%Deribit0.000003422+14.067%SunX0.000003425+14.167%
Bitget
Extended
Gate
KuCoin
BingX
SoDEX
BloFin
MEXC
Backpack
Orderly
dYdX
Aster
Pacifica
Aevo
Coinbase International
gTrade (Gains Network)
Lighter
Deribit
SunXHyperliquid0.000003425+14.167%
Nado0.000003425+14.183%Kraken Futures0.000003428+14.257%HTX0.000003430+14.333%
Nado
Kraken Futures
HTXBONK 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] | −12.075% | L +0.0098% / S −0.0001% | 1h | $24 | — | 100x | as long as short |
| Injective BONK/USDC PERP | −5.217% | +0.0033% | 1h | $3K | $36K | 5.5x | as long as short |
| Variational Omni 1000BONK | −0.605% | +0.0100% | 4h | $303K | $160K | — | as long as short |
| ApeX Omni 1000BONKUSDT | −0.440% | −0.0274% | 1h | $57K | $686K | 25x | as long as short |
| Binance 1000BONKUSDT | −0.059% | +0.0068% | 4h | $15.0M | $44.0M | 75x | as long as short |
| Bybit 1000BONKUSDT | −0.032% | +0.0100% | 4h | $10.4M | $13.9M | 50x | as long as short |
| Reya kBONKRUSDPERP | −0.019% | +0.0083% | 1h | $4 | — | 15x | as long as short |
| OKX BONK-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $2.5M | $6.6M | 20x | |
| Bitget 1000BONKUSDT | 0.000% | +0.0066% | 4h | $4.2M | $2.7M | 75x | as long as short |
| Extended 1000BONK-USD | +0.022% | +0.0064% | 1h | $22K | $623K | 25x | as long as short |