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BONK Perpetual Funding Rates

Updated 9 min ago ยท annualized from current funding

As of 9 min ago, BONK perpetual funding is mixed across venues. The richest rate is +11.0% APR on Binance โ€” a long there pays roughly +0.030% per day while the rate holds (a short collects it). The cheapest is -38.6% APR on Bybit. The widest market-neutral spread is +49.5% APR: long the BONK perp on Bybit, short it on Binance, and the position has no BONK price exposure โ€” just the funding gap (before fees). Tracked open interest is around $7M.

Funding by venue

VenueFunding APRIntervalNext
Binance (predicted)+11.0%4h08:00 UTC
Bybit (predicted)-38.6%4h08:00 UTC
OKX+11.0%8h08:00 UTC
Hyperliquid+11.0%1hโ€”

Cross-venue spread

Long BONK on Bybit, short on Binance โ†’ +49.5% APR gross, delta-neutral.

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