Spread before costs (cost unknown: a leg has no order-book sample)+0.061%
7d average—if it closes, per $10,000$6funding while held, a day+$8.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000BONK_USDC | 0.000003305 | −0.0193 | get 0.0097% / 4h | 2h 33m | $28K | $42K | 20x |
| Short | Backpack kBONK_USDC_PERP | 0.000003307 | 0.0100 | get 0.0013% / 1h | 33m 14s | $30K | $6K | 10x |
Orderly PERP_1000BONK_USDC
Backpack kBONK_USDC_PERPPrice 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
- $6.05
- Funding while held
- $8.8
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$1.15
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Backpack: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0293%
- Per $10,000 a day
- +$8.80
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Backpack no order-book sample | — | — | — | — | — |
Orderly and Backpack: 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 price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000003000cheapest
Injective0.000003274+9.133%Coinbase International0.000003288+9.600%Aevo0.000003304+10.133%Bybit0.000003304+10.143%Bitget0.000003305+10.167%
GMX
Injective
Coinbase International
Aevo
Bybit
BitgetOrderly0.000003305+10.167%
Extended0.000003305+10.183%MEXC0.000003306+10.200%BingX0.000003306+10.200%SoDEX0.000003306+10.200%Binance0.000003306+10.200%Aster0.000003306+10.203%Reya0.000003307+10.222%Variational Omni0.000003307+10.225%Pacifica0.000003307+10.233%OKX0.000003307+10.233%Gate0.000003307+10.233%
Extended
MEXC
BingX
SoDEX
Binance
Aster
Reya
Variational Omni
Pacifica
OKX
GateBackpack0.000003307+10.233%
Deribit0.000003307+10.233%dYdX0.000003307+10.240%KuCoin0.000003308+10.253%Nado0.000003308+10.267%gTrade (Gains Network)0.000003309+10.283%Lighter0.000003310+10.333%SunX0.000003310+10.333%Kraken Futures0.000003310+10.349%BloFin0.000003313+10.433%Hyperliquid0.000003314+10.467%ApeX Omni0.000003315+10.500%HTX0.000003320+10.667%
Deribit
dYdX
KuCoin
Nado
gTrade (Gains Network)
Lighter
SunX
Kraken Futures
BloFin
Hyperliquid
ApeX Omni
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] | −9.228% | L +0.0132% / S −0.1058% | 1h | $211 | — | 100x | as long as short |
| Injective BONK/USDC PERP | −0.938% | −0.0694% | 1h | $3K | $29K | 5.5x | as long as short |
| Coinbase International 1000BONK-PERP-INTX | −0.514% | −0.0488% | 1h | $42K | $19K | 50x | as long as short |
| Aevo 1000BONK-PERP | −0.030% | +0.0104% | 1h | $4K | — | 3x | as long as short |
| Bybit 1000BONKUSDT | −0.021% | +0.0100% | 4h | $9.9M | $15.1M | 50x | as long as short |
| Bitget 1000BONKUSDT | 0.000% | +0.0100% | 4h | $4.1M | $2.8M | 75x | as long as short |
| Orderly PERP_1000BONK_USDClong | 0.000% | −0.0193% | 4h | $28K | $42K | 20x | |
| Extended 1000BONK-USD | +0.014% | +0.0104% | 1h | $21K | $322K | 25x | as long as short |
| MEXC 1000BONK_USDT | +0.030% | +0.0100% | 4h | $10.3M | $6.3M | 125x | as long as short |
| BingX 1000BONK-USDT | +0.030% | +0.0100% | 4h | — | $8.0M | — | as long as short |