ArbiLayer

BONK arbitrage

live

Live Bonk price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.22%Binance → HTX · Perp–Perp
Best perp–perp spread+0.38%Binance → HTX
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.69%$0.0000034 – $0.00000342

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$0.0000034HTX logoHTX$0.00000341 +0.38%+0.22% +0.39%— +0.033%— LS Chart →
Bybit logoBybit$0.0000034HTX logoHTX$0.00000341 +0.35%+0.19% +0.35%— -0.015%— LS Chart →
Bitget logoBitget$0.0000034HTX logoHTX$0.00000341 +0.35%+0.19% +0.35%— -0.015%— LS Chart →
OKX logoOKX$0.0000034HTX logoHTX$0.00000341 +0.35%+0.19% +0.35%— -0.015%— LS Chart →
MEXC logoMEXC$0.0000034HTX logoHTX$0.00000341 +0.32%+0.16% +0.33%— +0.034%— LS Chart →
KuCoin logoKuCoin$0.0000034HTX logoHTX$0.00000341 +0.32%+0.16% +0.33%— -0.001%— LS Chart →
Aster logoAster$0.0000034HTX logoHTX$0.00000341 +0.32%+0.16% +0.32%— -0.015%— LS Chart →
Gate logoGate$0.0000034HTX logoHTX$0.00000341 +0.29%+0.13% +0.29%— -0.015%— LS Chart →
Hyperliquid logoHyperliquid$0.0000034HTX logoHTX$0.00000341 +0.29%+0.13% +0.30%— +0.014%— LS Chart →
Binance logoBinance$0.0000034Variational logoVariational$0.0000034 +0.21%+0.05% +0.21%— +0.048%— LS Chart →
Bybit logoBybit$0.0000034Variational logoVariational$0.0000034 +0.18%+0.02% +0.18%— -0.000%— LS Chart →
Bitget logoBitget$0.0000034Variational logoVariational$0.0000034 +0.18%+0.02% +0.18%— -0.000%— LS Chart →
OKX logoOKX$0.0000034Variational logoVariational$0.0000034 +0.18%+0.02% +0.17%— -0.000%— LS Chart →
MEXC logoMEXC$0.0000034Variational logoVariational$0.0000034 +0.15%-0.01% +0.16%— +0.049%— LS Chart →
KuCoin logoKuCoin$0.0000034Variational logoVariational$0.0000034 +0.15%-0.01% +0.15%— +0.014%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

BONK price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · 1000BONKUSDTPerpetual $0.0000034$0.0000034$0.0000034-0.03% +0.030%$12.63M
KuCoin logoKuCoinPerpetual · 1000BONKUSDTMPerpetual $0.0000034$0.0000034$0.00000340.00% +0.016%$8.52M
OKX logoOKXPerpetual · BONK-USDT-SWAPPerpetual $0.0000034$0.0000034$0.0000034-0.04% +0.030%$6.27M
Hyperliquid logoHyperliquidPerpetual · KBONKPerpetual $0.00000339$0.0000034$0.0000034-0.04% +0.001%$3.30M
MEXC logoMEXCPerpetual · 1000BONK_USDTPerpetual $0.0000034$0.0000034$0.00000340.00% -0.019%$3.07M
Bitget logoBitgetPerpetual · 1000BONKUSDTPerpetual $0.0000034$0.0000034$0.0000034-0.03% +0.030%$2.64M
Bybit logoBybitSpot · BONKUSDTSpot $0.0000034$0.0000034$0.0000034+0.03% —$2.42M
OKX logoOKXSpot · BONK-USDTSpot $0.0000034$0.0000034$0.0000034+0.04% —$2.15M
KuCoin logoKuCoinSpot · BONK-USDTSpot $0.0000034$0.0000034$0.0000034+0.03% —$885.7K
Bitget logoBitgetSpot · BONKUSDTSpot $0.0000034$0.0000034$0.0000034+0.10% —$333.4K
Gate logoGateSpot · BONK_USDTSpot $0.0000034$0.0000034$0.0000034+0.12% —$276.2K
Gate logoGatePerpetual · BONK_USDTPerpetual $0.0000034$0.0000034$0.0000034+0.03% +0.030%$217.3K
Variational logoVariationalPerpetual · 1000BONKPerpetual $0.0000034$0.00000341$0.00000341+0.24% +0.030%$146.9K
HTX logoHTXPerpetual · BONK-USDTPerpetual $0.00000341$0.00000343$0.00000342+0.62% +0.015%$41.0K
Binance logoBinancePerpetual · 1000BONKUSDTPerpetual $0.0000034$0.0000034$0.0000034-0.06% -0.018%—
Aster logoAsterPerpetual · 1000BONKUSDTPerpetual $0.0000034$0.0000034$0.0000034-0.01% +0.030%—
Binance logoBinanceSpot · BONKUSDTSpot $0.00000339$0.0000034$0.0000034-0.07% ——
MEXC logoMEXCSpot · BONKUSDTSpot $0.00000339$0.0000034$0.0000034-0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BONK arbitrage explained

Right now Bonk (BONK) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Binance perp at $0.0000034 and the highest bid on HTX perp at $0.00000341.

The widest BONK perpetual spread is between Binance and HTX: long BONK on Binance at $0.0000034 and short on HTX at $0.00000341 for +0.38% gross, or +0.22% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.033% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best BONK route is to buy spot on Bybit and short the perpetual on HTX: +0.29% gross, +0.09% net, with +0.015% a day of funding on the short leg.

Spot–spot BONK arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows +0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small BONK gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: BONK funding rates · BONK spread charts · Bonk price · arbitrage scanner for all coins.

Is there a BONK arbitrage opportunity right now?

The best BONK route right now is to buy on Binance → sell on HTX (Perp–Perp): +0.38% gross and +0.22% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest BONK?

Binance (perp) has the lowest BONK ask at $0.0000034, and HTX (perp) the highest bid at $0.00000341. Prices update every 15 seconds on this page.

How many exchanges list BONK?

ArbiLayer tracks 18 BONK markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage BONK without transferring coins?

Use two perpetual contracts: go long BONK on the cheaper exchange (Binance now) and short it on the more expensive one (HTX), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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