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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0101%/8h= −11.0% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against SoDEX+0.064%7-day average · you sell dearer than you buy
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 feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.064% dearer against SoDEX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000BONK-USD0.0000034250.0100pay 0.0013% / 1h51m 56s$2K$6K10x
ShortgTrade (Gains Network) BONK/USD0.000003427L +0.0001% / S +0.0001%pay 0.0000% / 1h51m 56s$24150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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
−$21.17
Price spread: +0.064% → 0.000%
$6.42
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$32.75
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 SoDEX no order-book sample
Sell gTrade (Gains Network) no order-book sample
SoDEX and gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0336%1h0.000003414−0.321%$46K$32K50xas long as short
Deribit 1000BONK_USDC-PERPETUAL−0.0042%1h0.0000034250.000%$2K$110K10xas long as short
dYdX BONK-USD0.0000%1h0.000003434+0.275%$13K$3K10xas long as short
gTrade (Gains Network) BONK/USDshortL +0.0001% / S +0.0001%1h0.000003427+0.064%$24150x
Orderly PERP_1000BONK_USDC+0.0032%4h0.000003420−0.146%$29K$58K20xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−4.409%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003429+0.115%$415xas long as short
Lighter 1000BONK+0.0096%1h0.000003427+0.058%$224K$668K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003422−0.081%$79K$263K10xas long as short
Pacifica kBONK+0.0100%1h0.000003437+0.350%$114K$118K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000BONKUSDT+0.0100%4h0.000003426+0.027%$16.1M$57.2M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003424−0.038%$11.0M$17.8M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003422−0.088%$2.5M$8.4M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003422−0.088%$891K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003426+0.029%$9.7M$6.9M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003421−0.120%$2.6M$9.9M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003420−0.146%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.0000034250.000%$4.7Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003468+1.253%$313K$133Kas long as short
Nado kBONK-PERP+0.0100%1h0.000003429+0.102%$27K$104K10xas long as short
SunX BONK-USDT+0.0100%4h0.000003432+0.204%$2K$12K20xas long as short
SoDEX 1000BONK-USDlong+0.0100%1h0.000003425long leg$2K$6K10x
HTX BONK-USDT+0.0100%4h0.000003441+0.467%$97K$119K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003419−0.187%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003427+0.058%$4K3xas long as short
Backpack kBONK_USDC_PERP+0.0105%1h0.0000034250.000%$30K$7K10xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−12.409%$573100xas long as short
ApeX Omni 1000BONKUSDT+0.0220%1h0.000003438+0.380%$58K$708K25xas long as short
Hyperliquid kBONK+0.0594%1h0.000003430+0.146%$10.1M$5.3M10xas long as short
Kraken Futures PF_BONKUSD+0.2025%1h0.000003432+0.200%$222K$174K50xas long as short