BONK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.38 per $10,000 · paid last 24h +0.092%

Price spread now: Aster against Orderly+0.046%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.046% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000BONK_USDC	0.000003436	0.0023	pay 0.0012% / 4h	2h 03m	$29K	$58K	20x
Short	Aster 1000BONKUSDT	0.000003438	0.0100	get 0.0050% / 4h	2h 03m	$81K	$269K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now +0.046%Rate

Funding earned: $16.09
Price spread: +0.046% → 0.000%: $4.6
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: $6.69
Costs to cover: 0.140%
Break-even: 4.1 days

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 63 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 63 min ago	11.73 bp	16.9 bp −$17	doesn't fit	doesn't fit	doesn't fit

Orderly: 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 30 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	−0.0336%	1h	0.000003427	−0.262%	$44K	$27K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003432	−0.104%	$12K	$3K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	0.0000%	1h	0.000003435	−0.029%	$2K	$110K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003432	−0.111%	$24	—	150x	as long as short
Orderly PERP_1000BONK_USDClong	+0.0023%	4h	0.000003436	long leg	$29K	$58K	20x
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−4.715%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003432	−0.118%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003436	0.000%	$224K	$678K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003431	−0.146%	$27K	$107K	10x	as long as short
Aster 1000BONKUSDTshort	+0.0100%	4h	0.000003438	+0.046%	$81K	$269K	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003433	−0.087%	$114K	$123K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003435	−0.029%	$16.1M	$57.3M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003434	−0.061%	$10.9M	$17.8M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003435	−0.029%	$2.5M	$8.4M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003432	−0.116%	$875K	$2.7M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003435	−0.029%	$9.6M	$6.9M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003432	−0.122%	$2.6M	$9.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003436	0.000%	$4.3M	$3.1M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003432	−0.116%	—	$4.7M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003430	−0.178%	$313K	$134K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003432	−0.116%	$58K	$708K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003442	+0.175%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003432	−0.116%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003443	+0.204%	$97K	$149K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003431	−0.155%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003434	−0.058%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−12.689%	$574	—	100x	as long as short
Backpack kBONK_USDC_PERP	+0.0336%	1h	0.000003435	−0.029%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.1007%	1h	0.000003440	+0.116%	$10.2M	$6.4M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2048%	1h	0.000003439	+0.094%	$222K	$173K	50x	as long as short