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

BONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0017%/8h= −1.9% APRnext payment $0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Reya against Pacifica−0.002%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Reya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kBONK0.0000035800.0100pay 0.0013% / 1h2m 08s$119K$139K10x
ShortReya kBONKRUSDPERP0.0000035800.0083get 0.0010% / 1h2m 08s$415x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Pacifica. 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
−$3.6
Price spread: −0.002% → 0.000%
−$0.23
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
−$17.82
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 40 min ago; Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 40 min ago6.89 bp25.8 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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−0.0016%1h0.000003575−0.140%$45K$63K50xas long as short
dYdX BONK-USD0.0000%1h0.000003579−0.019%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003579−0.025%$25150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−8.547%$3K$1135.5xas long as short
Reya kBONKRUSDPERPshort+0.0083%1h0.000003580−0.002%$415x
BloFin 1000BONK-USDT+0.0099%4h0.000003586+0.168%$1.1M$19.6M75xas long as short
Nado kBONK-PERP+0.0100%1h0.000003581+0.042%$62K$128K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003580−0.003%$60K$311K10xas long as short
Pacifica kBONKlong+0.0100%1h0.000003580long leg$119K$139K10x
Binance 1000BONKUSDT+0.0100%4h0.000003579−0.032%$18.5M$82.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000BONKUSDT+0.0100%4h0.000003573−0.182%$12.3M$25.3M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003581+0.028%$2.9M$14.2M20xas long as short
Gate BONK_USDT+0.0100%4h0.0000035800.000%$977K$3.5M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003583+0.084%$12.3M$9.4M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003581+0.028%$3.0M$10.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003576−0.112%$4.6M$4.9M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003578−0.056%$6.5Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003594+0.387%$338K$156Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003586+0.168%$60K$706K25xas long as short
Orderly PERP_1000BONK_USDC+0.0100%4h0.000003582+0.056%$31K$52K20xas long as short
SunX BONK-USDT+0.0100%4h0.000003588+0.223%$2K$15K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003583+0.084%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003584+0.112%$102K$132K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003581+0.014%$23K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003578−0.056%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0196% / S −0.3950%1h0.000003000−16.201%$547100xas long as short
Lighter 1000BONK+0.0224%1h0.000003587+0.196%$252K$750K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0588%1h0.000003584+0.112%$35K$176K10xas long as short
Hyperliquid kBONK+0.1294%1h0.000003587+0.196%$12.3M$8.0M10xas long as short
Backpack kBONK_USDC_PERP+0.1620%1h0.000003587+0.196%$55K$23K10xas long as short
Kraken Futures PF_BONKUSD+0.3004%1h0.000003594+0.390%$221K$223K50xas long as short