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

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.012%
Price spread now: BloFin against Variational Omni+0.178%71s7-day average +0.102% · 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)+0.166%+$17 on $10k
Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.178%, 7d avg +0.102%
Together, before fees+0.155%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.076% dearer against Variational Omni than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of +0.102%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 25 hours. Mind the row above: over the last 3 days funding on this pair paid +0.166%, so the current rate has only just turned against you. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 1000BONK0.0000033870.0100pay 0.0050% / 4h3h 29m$304K$119K
ShortBloFin 1000BONK-USDT0.000003393−0.0140pay 0.0070% / 4h3h 29m$1.0M$14.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
−$50.4
Price spread: +0.178% → +0.102%
$7.56
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$54.84
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 44 min ago; BloFin: live order book, 4 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 Variational Omni RFQ quote, 44 min ago5.98 bpdoesn't fit56.8 bp −$568doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago2.96 bp13.4 bp −$1321.4 bp −$21459.1 bp −$5,907doesn't fit

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−0.0376%1h0.000003395+0.237%$43K$24K50xas long as short
BloFin 1000BONK-USDTshort−0.0140%4h0.000003393+0.178%$1.0M$14.4M75x
Orderly PERP_1000BONK_USDC−0.0054%4h0.000003397+0.296%$29K$39K20xas long as short
gTrade (Gains Network) BONK/USDL 0.0000% / S +0.0001%1h0.000003401+0.408%$1K150xas long as short
dYdX BONK-USD0.0000%1h0.000003404+0.512%$12K$3K10xas long as short
Deribit 1000BONK_USDC-PERPETUAL0.0000%1h0.000003399+0.355%$2K$110K10xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−3.336%$3K$1135.5xas long as short
Reya kBONKRUSDPERP+0.0083%1h0.000003399+0.355%$415xas long as short
Nado kBONK-PERP+0.0100%1h0.000003399+0.370%$16K$104K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003399+0.367%$65K$262K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003402+0.444%$114K$122K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003401+0.415%$15.4M$53.2M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003401+0.423%$10.6M$17.0M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003401+0.414%$2.5M$8.0M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003400+0.385%$729K$2.6M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003394+0.207%$9.9M$6.8M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003397+0.299%$2.7M$9.8M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003399+0.355%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDC+0.0100%4h0.000003400+0.385%$6.5Mas long as short
Variational Omni 1000BONKlong+0.0100%4h0.000003387long leg$304K$119K
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003379−0.235%$57K$706K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003403+0.473%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003399+0.355%$2K$6K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003401+0.414%$93K$152K30xas long as short
Extended 1000BONK-USD+0.0104%1h0.000003400+0.378%$22K$4K25xas long as short
Aevo 1000BONK-PERP+0.0104%1h0.000003398+0.326%$4K3xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−11.425%$568100xas long as short
Backpack kBONK_USDC_PERP+0.0277%1h0.000003403+0.473%$30K$7K10xas long as short
Lighter 1000BONK+0.0288%1h0.000003403+0.473%$322K$441K10xas long as short
Hyperliquid kBONK+0.0647%1h0.000003407+0.591%$10.1M$7.2M10xas long as short
Kraken Futures PF_BONKUSD+0.1463%1h0.000003405+0.546%$212K$163K50xas long as short