BONK-USDT funding rate
BONK-USDT funding observations from 8 venues with recent data. Compare the reported settlement rate, the 24-hour equivalent and the annualised equivalent.
8 venues report BONK funding rates. The annualised equivalents range from −21.02% at Gate to +10.95% at HTX, a difference of 31.97 percentage points. Payment direction depends on whether the position is long or short. They do not settle on the same clock: 7 pay every 4h and 1 every 8h, so an identical raw rate costs 2× as much on the shorter cycle. Funding also points in opposite directions across venues — longs pay on 5 of them while shorts pay on 3.
Rate by venue
A positive funding rate means long holders pay short holders; a negative rate reverses the payment. A lower signed rate reduces the funding cost for a long position under the same assumptions, but the direction is reversed for a short position. No single rate makes a venue better for every trader.
| Exchange | Rate | Settlement interval | 24-hour equivalent | Annualised equivalent | Time (UTC) |
|---|---|---|---|---|---|
| +0.0014% | 4h | +0.0081% | +2.96% | ||
| +0.0050% | 4h | +0.0300% | +10.95% | ||
| +0.0050% | 4h | +0.0300% | +10.95% | ||
| −0.0096% | 4h | −0.0576% | −21.02% | ||
 HTX |
+0.0050% | 4h | +0.0300% | +10.95% | |
 KuCoin |
−0.0035% | 4h | −0.0210% | −7.66% | |
 MEXC |
+0.0011% | 4h | +0.0066% | +2.41% | |
| −0.0041% | 8h | −0.0124% | −4.54% |
The 24-hour figure assumes an unchanged rate and position value. It is not a forecast or a record of fees paid. Actual fees depend on the rate and position held at each settlement; trading fees and slippage are separate.
Annualised figures extrapolate the current rate forward as if it held for a year. Funding rates change every settlement; a large annualised number describes this moment, not a yield. The sign indicates payment direction, not quality. 1 basis point (bps) = 0.01 percentage points.
Recorded observations
Each row is an observed rate from the public API, grouped by venue and contract. At most one observation per hour is retained here. These are not settled fees; gaps do not mean the rate was unchanged.
| Exchange | Time (UTC) | Rate | Settlement interval |
|---|---|---|---|
| Binance | +0.0014% | 4h | |
| Binance | +0.0036% | 4h | |
| Binance | +0.0050% | 4h | |
| Binance | +0.0031% | 4h | |
| Binance | +0.0050% | 4h | |
| Binance | +0.0050% | 4h | |
| Bitget | +0.0050% | 4h | |
| Bitget | +0.0050% | 4h | |
| Bitget | +0.0050% | 4h | |
| Bitget | +0.0050% | 4h | |
| Bitget | +0.0050% | 4h | |
| Bitget | +0.0050% | 4h | |
| Bybit | +0.0050% | 4h | |
| Bybit | +0.0050% | 4h | |
| Bybit | +0.0050% | 4h | |
| Bybit | +0.0004% | 4h | |
| Bybit | −0.0028% | 4h | |
| Bybit | +0.0050% | 4h | |
| Gate | −0.0096% | 4h | |
| Gate | −0.0024% | 4h | |
| Gate | −0.0001% | 4h | |
| Gate | −0.0051% | 4h | |
| Gate | −0.0013% | 4h | |
| Gate | −0.0048% | 4h | |
| HTX | +0.0050% | 4h | |
| HTX | +0.0050% | 4h | |
| HTX | +0.0050% | 4h | |
| HTX | +0.0050% | 4h | |
| HTX | +0.0050% | 4h | |
| HTX | +0.0050% | 4h | |
| KuCoin | −0.0035% | 4h | |
| KuCoin | −0.0031% | 4h | |
| KuCoin | −0.0023% | 4h | |
| KuCoin | −0.0043% | 4h | |
| KuCoin | −0.0016% | 4h | |
| KuCoin | +0.0020% | 4h | |
| MEXC | +0.0011% | 4h | |
| MEXC | +0.0040% | 4h | |
| MEXC | +0.0048% | 4h | |
| MEXC | +0.0028% | 4h | |
| MEXC | +0.0050% | 4h | |
| MEXC | +0.0050% | 4h | |
| OKX | −0.0041% | 8h | |
| OKX | +0.0017% | 8h | |
| OKX | +0.0067% | 8h | |
| OKX | +0.0076% | 8h | |
| OKX | +0.0100% | 8h | |
| OKX | +0.0100% | 8h |
Order-book price cost for BONK
Estimated price deviation from visible orders; trading fees are not included.
Latest observation:
| Exchange | $10k | $50k | $250k | $1M |
|---|---|---|---|---|
| MEXC |
4.01 bps | 6.74 bps | 23.53 bps | 59.47 bps |
| 5.20 bps | 15.25 bps | 37.39 bps | 196.81 bps | |
| 7.29 bps | 17.70 bps | 67.73 bps | Short 60% | |
| 9.39 bps | 19.49 bps | 52.90 bps | Short 21% | |
| 9.47 bps | 38.10 bps | Short 18% | Short 79% | |
| 11.81 bps | 37.37 bps | Short 31% | Short 83% | |
| KuCoin |
24.41 bps | 154.50 bps | Short 2% | Short 76% |
| HTX |
54.10 bps | Short 50% | Short 90% | Short 98% |
Reliability of these venues
Funding is only collectable if the venue answers when you need it. These are the same measurements as the rest of the site.
Latest observation:
Sources and method
Only observations no more than 30 minutes old at page generation are compared; the two observation times must be within 10 minutes.