BONK Funding Rates: Live Across 23 Exchanges

As of 2026-10-06 03:40 UTC, BONK perpetual funding averages 0.0009% per 8 hours (0.95% APR) across all 23 exchanges that list it, weighted by 24h volume (median 0.0026%). Highest: Kraken at 0.0061% per 1h (53.23% APR). Lowest: Bybit at -0.0037% per 4h (-8.19% APR). Going long on Bybit and short on Kraken collects a gross spread of 0.0561% per 8 hours (61.42% APR) before fees.

Long BONK on Bybit and short on Kraken for a funding gap of 0.0561% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the BONK funding rate positive right now?

Mostly yes. BONK funding is positive on 17 of the 23 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest BONK funding rate?

Kraken at 0.0061% per 1h (53.23% APR). The lowest is Bybit at -0.0037% per 4h (-8.19% APR).

What is the BONK funding arbitrage spread?

The gross spread is 0.0561% per 8 hours (61.42% APR): long BONK on Bybit and short on Kraken. Trading fees, slippage and price basis reduce the net return.

How often is BONK funding paid?

BONK funding is paid every 8 hours on Lighter, Deepcoin, and OKX; every 4 hours on HTX, WhiteBIT, Aster, Gate, BingX, Binance, XT.COM, Toobit, MEXC, WEEX, LBank, KuCoin, Bitget, Bybit, and WOOFi Pro; every hour on Kraken, Pacifica, dYdX, Extended, and Backpack. Rates on this page are also shown as APR so they can be compared directly.