Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.59 per $10,000 · paid last 24h +0.092%
Price spread now: HTX against Orderly−0.443%54s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. HTX is 0.443% cheaper against Orderly than usual: you would sell low and buy high (spread −0.443% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 13 days of funding at the current rate (+$4 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_1000BONK_USDC0.000003387−0.0017get 0.0009% / 4h2h 39m$29K$49K20x
ShortHTX BONK-USDT0.0000033720.0100get 0.0050% / 4h2h 39m$95K$161K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$24.63
Price spread: −0.443% → 0.000%
−$44.29
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37.66
Costs to cover
0.180%
Break-even
17.7 days
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell HTX live order book, 27 min ago32.09 bp69.0 bp −$69doesn't fitdoesn't fitdoesn'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 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0336%1h0.000003369−0.531%$43K$26K50xas long as short
BloFin 1000BONK-USDT−0.0140%4h0.000003414+0.797%$939K$14.9M75xas long as short
Orderly PERP_1000BONK_USDClong−0.0017%4h0.000003387long leg$29K$49K20x
dYdX BONK-USD0.0000%1h0.000003390+0.102%$12K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003392+0.142%$23150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.336%$3K$1135.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0045%1h0.000003390+0.089%$2K$110K10xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003395+0.236%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003396+0.266%$26K$115K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003387+0.010%$65K$253K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003389+0.059%$112K$125K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003392+0.148%$16.0M$56.0M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003391+0.115%$10.7M$17.6M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003390+0.089%$2.5M$8.2M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003393+0.177%$738K$2.5M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003391+0.118%$9.4M$6.8M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003392+0.151%$2.7M$9.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003388+0.030%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003391+0.118%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003379−0.237%$309K$127Kas long as short
SunX BONK-USDT+0.0100%4h0.000003396+0.266%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003390+0.089%$2K$6K10xas long as short
HTX BONK-USDTshort+0.0100%4h0.000003372−0.443%$95K$161K30x
Extended 1000BONK-USD+0.0104%1h0.000003389+0.065%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003388+0.030%$4K3xas long as short
ApeX Omni 1000BONKUSDT+0.0145%1h0.000003411+0.709%$57K$714K25xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−11.426%$566100xas long as short
Lighter 1000BONK+0.0264%1h0.000003391+0.118%$231K$666K10xas long as short
Backpack kBONK_USDC_PERP+0.0299%1h0.000003383−0.118%$30K$7K10xas long as short
Hyperliquid kBONK+0.0872%1h0.000003402+0.443%$10.1M$7.5M10xas long as short
Kraken Futures PF_BONKUSD+0.2075%1h0.000003396+0.267%$212K$165K50xas long as short