- Which exchange has the highest BONK funding rate right now?
- OKX shows the highest BONK funding at +10.96% annualized. A high positive rate means shorts get paid, so this is the venue to short BONK when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.
- Which exchange is best to long BONK for funding?
- Crypto.com has the lowest BONK funding at -17.84% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.
- What is the best BONK funding-arbitrage pair?
- The widest spread is long Crypto.com / short OKX at about 28.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.
- How often does BONK funding settle?
- BONK funding settles on different schedules by venue (1h, 4h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.
- Is BONK funding positive or negative?
- BONK funding is mixed across venues, ranging -17.84% to +10.96% APR — which is exactly what creates the cross-exchange arbitrage opportunity.
- What is the current BONK perpetual swap funding rate?
- The current BONK perpetual swap funding rate ranges from -17.84% to +10.96% annualized depending on the exchange — Crypto.com is lowest and OKX is highest right now. There is no single BONK funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.
- What is the aggregated BONK funding rate across exchanges?
- Aggregated across the 7 venues ORBIT tracks, BONK funding currently spans -17.84% to +10.96% APR, a spread of 28.8 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.
- How do I read the BONK 8h funding rate versus the annualized rate?
- Venues that settle BONK every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.