Funding you earn now, next payment 07:00 UTC+0.3850%/8h= +421.5% APRnext payment +$4.81 per $10,000 · paid last 24h +0.689%
Price spread now: GMX against Pacifica−16.435%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. GMX is 16.435% cheaper against Pacifica than usual: you would sell low and buy high (spread −16.435% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,643 on $10k: about 14 days of funding at the current rate (+$115 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica kBONK | 0.000003590 | 0.0100 | pay 0.0013% / 1h | 3m 34s | $119K | $139K | 10x |
| Short | GMX BONK/USD [ETH-USDC] | 0.000003000 | L +0.0196% / S −0.3950% | get 0.0494% / 1h | 3m 34s | $548 | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $808.45
- Price spread: −16.435% → 0.000%
- −$1,643.45
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$855.01
- Costs to cover
- 0.200%
- Break-even
- 14.4 days
Slippage unknown: Pacifica: live order book, 39 min ago; GMX: 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 Pacifica live order book, 39 min ago | 6.89 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.0016% | 1h | 0.000003575 | −0.418% | $45K | $63K | 50x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003589 | −0.020% | $13K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003588 | −0.056% | $25 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −8.802% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003592 | +0.053% | $4 | — | 15x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003585 | −0.125% | $62K | $128K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003594 | +0.118% | $60K | $311K | 10x | as long as short |
| Pacifica kBONKlong | +0.0100% | 1h | 0.000003590 | long leg | $119K | $139K | 10x | |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003589 | −0.025% | $18.5M | $82.5M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003586 | −0.106% | $12.4M | $25.3M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003585 | −0.139% | $2.9M | $14.2M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003589 | −0.028% | $979K | $3.5M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003590 | 0.000% | $12.4M | $9.4M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003589 | −0.028% | $3.0M | $10.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003586 | −0.111% | $4.6M | $4.9M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003588 | −0.056% | — | $5.0M | — | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003594 | +0.108% | $338K | $156K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003586 | −0.111% | $60K | $706K | 25x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0100% | 4h | 0.000003589 | −0.028% | $31K | $52K | 20x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003595 | +0.139% | $2K | $14K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003591 | +0.028% | $2K | $7K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003594 | +0.111% | $102K | $132K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003586 | −0.098% | $23K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003586 | −0.111% | $4K | — | 3x | as long as short |
| BloFin 1000BONK-USDT | +0.0111% | 4h | 0.000003590 | 0.000% | $1.1M | $19.6M | 75x | as long as short |
| GMX BONK/USD [ETH-USDC]short | L +0.0196% / S −0.3950% | 1h | 0.000003000 | −16.435% | $548 | — | 100x | |
| Lighter 1000BONK | +0.0208% | 1h | 0.000003593 | +0.084% | $252K | $750K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0586% | 1h | 0.000003592 | +0.056% | $35K | $176K | 10x | as long as short |
| Hyperliquid kBONK | +0.1299% | 1h | 0.000003597 | +0.195% | $12.3M | $8.0M | 10x | as long as short |
| Backpack kBONK_USDC_PERP | +0.1631% | 1h | 0.000003596 | +0.167% | $55K | $23K | 10x | as long as short |
| Kraken Futures PF_BONKUSD | +0.2997% | 1h | 0.000003602 | +0.344% | $222K | $223K | 50x | as long as short |
Pacifica kBONK
GMX BONK/USD [ETH-USDC]
Coinbase International 1000BONK-PERP-INTX
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Aster 1000BONKUSDT
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
BloFin 1000BONK-USDT
Lighter 1000BONK
Deribit 1000BONK_USDC-PERPETUAL
Hyperliquid kBONK
Backpack kBONK_USDC_PERP
Kraken Futures PF_BONKUSD