BONK Funding Rate
BONK perpetual funding on 5 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
BONK funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 OKX8 hbest long | +0.0035% | +0.0035% | — | — | 3.8% | +0.0071% | +0.0511% | +0.381% | $3.9M | |
 LBank4 h | +0.0084% | +0.0042% | — | +0.0050% | 9.2% | +0.0012% | +0.0166% | −0.164% | — | |
 WhiteBIT4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.889% | $2M | |
 Gate4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0238% | +0.135% | +0.303% | $649.9K | |
 Kraken1 hbest short | +0.157% | +0.0196% | +0.0305% | +0.0216% | 172% | +0.105% | +1.068% | +1.826% | $179.5K | |
What BONK funding actually paid
Over 7 days, a BONK long paid +0.296% on average across exchanges (15.4% a year). The most on Kraken (+1.068%), the least on LBank (+0.0166%).
Over 30 days, a BONK long paid +0.647% on average across exchanges (7.7% a year). The most on Kraken (+1.826%), the least on LBank (−0.164%).
BONK funding rate history chart
Loading payments…
BONK funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on OKX (+0.0035% per 8 h), the highest on Kraken (+0.157%). Long on OKX and short on Kraken, price hedged: a difference of 168% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
BONK perpetual futures by exchange
OKXBONK/USDT:USDT$0.00000314500$3.9MWhiteBITBONK/USDT:USDT$0.00000313800$2MGateBONK/USDT:USDT$0.00000314500$649.9KKrakenBONK/USD:USD$0.00000314150$179.5KLBankBONK/USDT:USDT—FAQ
- What is the BONK funding rate?
A periodic payment between long and short holders of BONK perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from 0.0035% to 0.1570% per 8 hours across 5 exchanges.
- How often is BONK funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the BONK funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.