Bonk perpsBONK

Crypto perp · Binance, OKX · #177 by volume

0.0026890-0.70% 24h

Binance USDT · 24h 0.0025730 – 0.0027510

24h volume: $20.0M; #177 of 914
Open interest: $15.2M; −1.3% contracts · 24h
Spread: 3.72 bps; median · 24h
Size at best price: $3.7K; mean · 24h
Net taker flow: −$564.7K; every contract · 24h
Funding: +0.0050%; per period · BIN

Aperiodic metrics · BONK · 24 h

Every metric on BONK, bar by bar →

Are takers buying or selling BONK?

Flow

Takers sold $550.9K more than they bought on Binance and OKX over 24 h; the heaviest hour, 02:25 UTC, saw $222.5K.

+$222.5K0−$222.5K

23:25 UTCnow

flow.volume_delta_notionalbusiest contract on each venue · hourly · 24 h

What does it cost to cross BONK's spread?

L1 liquidity

3.72 bps median on Binance USDT, wider than 78% of the 200 most traded perps.

#1BTC0.015 bps
#2ETH0.051 bps
#3SOXL1.56 bps
#5SOL1.25 bps
#10AKE3.18 bps
#25XYZ:XYZ1000.35 bps
#50MUU5.64 bps
#100MVLL8.76 bps
#177BONK3.72 bps
#200AIN2.70 bps

l1_liquidity.spread_bpsbusiest contract · median · 24 h

How much size waits at BONK's best price?

L1 liquidity

$3.7K at the best bid and ask on Binance USDT, on average, deeper than 60% of the 200 most traded perps.

#1BTC$651.7K
#2ETH$269.8K
#3SOXL$86.9K
#5SOL$157.5K
#10AKE$553
#25XYZ:XYZ100$165.1K
#50MUU$22.4K
#100MVLL$13.7K
#177BONK$3.7K
#200AIN$180

l1_liquidity.total_dollar_depthbusiest contract · mean · 24 h

Which way is BONK's book leaning?

L2 imbalance

Leaned to the bid in 18 of 24 hours on Binance USDT; 51% bids over the day.

53% bid047% bid

23:25 UTCnow

l2_imbalance.imbalance_ratio_10Binance USDT · top 10 levels · hourly

Where does BONK trade?

OHLCV

Binance USDT took 80% of $20.0M traded in 24 h.

volume sharespread

Binance USDT80%3.72
OKX USDT13%3.75
Binance USDC7.1%7.40

ohlcv.volume_notionaleach contract · 24 h

Does BONK trade away from its index?

Basis

17.6 bps below its index on Binance USDT now; 11.8 bps below to 2.26 bps above over 24 h.

+11.8 bps0−11.8 bps

23:25 UTCnow

basis.basis_bpsBinance USDT · hourly

Is leverage building in BONK?

Open interest

$15.2M open across 3 contracts: −1.3% in contracts, −2.4% in dollars over 24 h.

$14.2M$13.5M

23:25 UTCnow

open_interest.open_interestbusiest contract on each venue · hourly

Who pays funding on BONK?

Funding

Longs pay on 3 of 3 contracts; Binance USDT charges +0.0050% a period.

Binance USDT+0.0050%
OKX USDT+0.0006%
Binance USDC+0.0050%

← shorts paylongs pay →

funding.funding_rateeach contract · per funding period · now

BONK's 3 contracts · now

Named by Atlas →

Contract	Price	24h	Volume 24h	Open interest	Funding	Spread	Charts
Binance USDTperpetual-1000BONK-USDT:USDT	0.0026890	-0.70%	$16.0M	$12.3M	+0.0050%	3.72	Charts →
OKX USDTperpetual-BONK-USDT:USDT	0.000002687	-0.78%	$2.6M	$1.5M	+0.0006%	3.75	Charts →
Binance USDCperpetual-1000BONK-USDC:USDC	0.0026840	-0.70%	$1.4M	$1.4M	+0.0050%	7.40	Charts →

History · a year of 5m bars per series · busiest contract on each venue

Every chart for BONK →

Python

import os
from datetime import date

from aperiodic import get_derivative_metrics, get_metrics

# aperiodic.io/markets: BONK on Binance and OKX
# 5m bars, 2025-11-12 to 2026-11-12. Install: pip install "aperiodic[polars]"
# Needs an API key (https://aperiodic.io/home/api) on a plan with flow, basis, open_interest, funding (Pro) and l1_liquidity, l2_imbalance (Prime).
# OKX: okx-perps l1_liquidity and l2_liquidity count contracts, not coins (BTC-USDT-SWAP is 0.01 BTC each). Multiply by the contract size to match the page.
API_KEY = os.environ["APERIODIC_API_KEY"]
# timestamp="true" keys bars on capture time, as on the page; "exchange" keys them on exchange time.
PERIOD = dict(
    interval="5m",
    timestamp="true",
    start_date=date(2025, 11, 12),
    end_date=date(2026, 11, 12),
)
CONTRACTS = [
    ("binance-futures", "perpetual-1000BONK-USDT:USDT"),
    ("okx-perps", "perpetual-BONK-USDT:USDT"),
]

frames = {}
for exchange, symbol in CONTRACTS:
    frames["flow", exchange, symbol] = get_metrics(
        api_key=API_KEY,
        metric="flow",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["l1_liquidity", exchange, symbol] = get_metrics(
        api_key=API_KEY,
        metric="l1_liquidity",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["l2_imbalance", exchange, symbol] = get_metrics(
        api_key=API_KEY,
        metric="l2_imbalance",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["basis", exchange, symbol] = get_derivative_metrics(
        api_key=API_KEY,
        metric="basis",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["open_interest", exchange, symbol] = get_derivative_metrics(
        api_key=API_KEY,
        metric="open_interest",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["funding", exchange, symbol] = get_derivative_metrics(
        api_key=API_KEY,
        metric="funding",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )

Every number is from Aperiodic's own 5-minute bars, 15 minutes behind.

Contract

Price

24h

Volume 24h

Open interest

Funding

Spread

Binance USDTperpetual-1000BONK-USDT:USDT

0.0026890

-0.70%

$16.0M

$12.3M

+0.0050%

3.72

Charts →

OKX USDTperpetual-BONK-USDT:USDT

0.000002687

-0.78%

$2.6M

$1.5M

+0.0006%

3.75

Charts →

Binance USDCperpetual-1000BONK-USDC:USDC

0.0026840

-0.70%

$1.4M

+0.0050%

7.40

Charts →

import os from datetime import date from aperiodic import get_derivative_metrics, get_metrics # aperiodic.io/markets: BONK on Binance and OKX # 5m bars, 2025-11-12 to 2026-11-12. Install: pip install "aperiodic[polars]" # Needs an API key (https://aperiodic.io/home/api) on a plan with flow, basis, open_interest, funding (Pro) and l1_liquidity, l2_imbalance (Prime). # OKX: okx-perps l1_liquidity and l2_liquidity count contracts, not coins (BTC-USDT-SWAP is 0.01 BTC each). Multiply by the contract size to match the page. API_KEY = os.environ["APERIODIC_API_KEY"] # timestamp="true" keys bars on capture time, as on the page; "exchange" keys them on exchange time. PERIOD = dict( interval="5m", timestamp="true", start_date=date(2025, 11, 12), end_date=date(2026, 11, 12), ) CONTRACTS = [ ("binance-futures", "perpetual-1000BONK-USDT:USDT"), ("okx-perps", "perpetual-BONK-USDT:USDT"), ] frames = {} for exchange, symbol in CONTRACTS: frames["flow", exchange, symbol] = get_metrics( api_key=API_KEY, metric="flow", exchange=exchange, symbol=symbol, **PERIOD, ) frames["l1_liquidity", exchange, symbol] = get_metrics( api_key=API_KEY, metric="l1_liquidity", exchange=exchange, symbol=symbol, **PERIOD, ) frames["l2_imbalance", exchange, symbol] = get_metrics( api_key=API_KEY, metric="l2_imbalance", exchange=exchange, symbol=symbol, **PERIOD, ) frames["basis", exchange, symbol] = get_derivative_metrics( api_key=API_KEY, metric="basis", exchange=exchange, symbol=symbol, **PERIOD, ) frames["open_interest", exchange, symbol] = get_derivative_metrics( api_key=API_KEY, metric="open_interest", exchange=exchange, symbol=symbol, **PERIOD, ) frames["funding", exchange, symbol] = get_derivative_metrics( api_key=API_KEY, metric="funding", exchange=exchange, symbol=symbol, **PERIOD, )