# BONK funding rates and arbitrage

Updated 2026-10-30 04:38 UTC · https://afterfees.xyz/coin/BONK

## Best BONK arbitrage after every cost

No BONK pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## BONK funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_BONKUSD | 0.0087% | 1 h | +76.1% | +12.1% | $203.3K | 2026-10-30 05:00 |
| [Extended](https://afterfees.xyz/venues/extended) | 1000BONK-USD | 0.0013% | 1 h | +11.4% | +4.0% | $18.8K | 2026-10-30 05:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | 1000BONK_USDT | 0.0050% | 4 h | +10.9% | +4.8% | $3.7M | 2026-10-30 08:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | kBONK | 0.0013% | 1 h | +10.9% | +9.1% | $2.8K | 2026-10-30 05:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | BONK_PERP | 0.0050% | 4 h | +10.9% | +11.2% | $345.7K | 2026-10-30 08:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | BONKUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-30 08:00 |
| [HTX](https://afterfees.xyz/venues/htx) | BONK-USDT | 0.0050% | 4 h | +10.9% | +11.2% | $53.5K | 2026-10-30 08:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1000BONKUSDT | 0.0050% | 4 h | +10.9% | −2.4% | $3.4M | 2026-10-30 08:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | 1000BONK-USDT | 0.0013% | 1 h | +10.9% | +7.0% | $117.1K | 2026-10-30 05:00 |
| [Variational](https://afterfees.xyz/venues/variational) | 1000BONK-PERP | 0.0050% | 4 h | +10.9% | — | $63.8K | 2026-10-30 08:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | 1000BONK-USDT | 0.0050% | 4 h | +10.9% | +9.9% | $2.3M | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | 1000BONKUSDT | 0.0050% | 4 h | +10.9% | +4.7% | — | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | 1000BONKUSDC | 0.0050% | 4 h | +10.9% | +7.2% | — | 2026-10-30 08:00 |
| [Binance](https://afterfees.xyz/venues/binance) | 1000BONKUSDT | 0.0050% | 4 h | +10.9% | +4.7% | $12.4M | 2026-10-30 08:00 |
| [Aster](https://afterfees.xyz/venues/aster) | 1000BONKUSDT | 0.0050% | 4 h | +10.9% | +10.6% | $77.6K | 2026-10-30 08:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | kBONK | 0.0013% | 1 h | +10.9% | +10.5% | $7.1M | 2026-10-30 05:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | 1000BONK | 0.0012% | 1 h | +10.5% | +10.5% | $183.2K | 2026-10-30 05:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | 1000BONK-USDT | 0.0032% | 4 h | +7.0% | +22.9% | $686.1K | 2026-10-30 08:00 |
| [dYdX](https://afterfees.xyz/venues/dydx) | BONK-USD | 0.0000% | 1 h | 0.0% | +0.1% | $12.3K | 2026-10-30 05:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | 1000BONKUSDT | -0.0006% | 4 h | −1.3% | +3.3% | $6.2M | 2026-10-30 08:00 |
| [Gate](https://afterfees.xyz/venues/gate) | BONK_USDT | -0.0034% | 4 h | −7.4% | +5.9% | $253.5K | 2026-10-30 08:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | 1000BONKUSDTM | -0.0038% | 4 h | −8.3% | +5.4% | $1.7M | 2026-10-30 08:00 |
| [OKX](https://afterfees.xyz/venues/okx) | BONK-USDT-SWAP | -0.0182% | 8 h | −19.9% | +2.8% | $1.9M | 2026-10-30 08:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | 1000BONK-USDC | -0.0030% | 1 h | −26.2% | — | $18.9K | 2026-10-30 05:00 |
| [Nado](https://afterfees.xyz/venues/nado) | kBONK-PERP_USDT0 | -0.0032% | 1 h | −28.5% | — | $32.8K | 2026-10-30 05:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | BONKUSD-PERP | -0.0036% | 1 h | −31.6% | −30.2% | $10.1K | 2026-10-30 05:00 |

## Borrow BONK to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.83% | — |
| Bybit | 9.89% | — |
| Binance | 10.88% | — |
| Gate | 14.93% | $120K |
| OKX | 18.20% | — |

## Cost to enter $10,000 of BONK

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| BloFin | 1000BONK-USDT | 10.2 bp | order-book snapshot, 33 min old |
| ApeX | 1000BONK-USDT | 19.8 bp * | order-book snapshot, 38 min old |
| KuCoin | 1000BONKUSDTM | 27.6 bp | order-book snapshot, 54 min old |
| dYdX | BONK-USD | 38.2 bp | order-book snapshot, 49 min old |
| MEXC | 1000BONK_USDT | 1.7 bp | top of book only |
| Lighter | 1000BONK | 5.2 bp | top of book only |
| BingX | 1000BONK-USDT | 6.7 bp | top of book only |
| Binance | 1000BONKUSDT | 6.7 bp | top of book only |
| Variational | 1000BONK-PERP | 7.0 bp | top of book only |
| Bybit | 1000BONKUSDT | 7.2 bp | top of book only |
| Extended | 1000BONK-USD | 7.8 bp | top of book only |
| OKX | BONK-USDT-SWAP | 8.5 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## More on BONK

- [Borrow BONK: rates on every exchange](https://afterfees.xyz/borrow/BONK)

## Questions

**Is BONK funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no BONK pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest BONK funding rate?**

Kraken at +76.1% a year (0.0087% every 1 h); the lowest is Crypto.com at −31.6%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._