BONK Perpetuals & Futures Guide 2025

BONKUSDT perpetual contracts allow traders to speculate on the price of BONK tokens without owning the asset.

These contracts are available on major cryptocurrency exchanges like Binance and Gate.io, offering deep liquidity and low fees for users.

You can trade BONKUSDT perpetuals with leverage, amplifying profits and losses.

The funding rate, a fee paid between long and short positions, was recently 0.0061%, according to Gate.io data, and may fluctuate with market conditions.

BONK, a meme coin in the Solana ecosystem, has seen significant volatility.

When trading BONKUSDT perpetuals, be aware of the high risk and extreme price movements associated with meme coins.

What Is BONKUSDT Perpetual Contract

BONKUSDT perpetual contract is a financial instrument that allows you to trade Bonk (BONK) against Tether (USDT) without an expiry date. It’s a type of derivative product offered on cryptocurrency exchanges.

With this contract, you can speculate on BONK’s price movements without owning the actual cryptocurrency. You have the option to go long (buy) if you expect the price to rise or short (sell) if you anticipate a price decline.

Key features of BONKUSDT perpetual contracts include:

• Leverage: You can trade with borrowed funds, amplifying potential profits and losses.
• No expiration: Unlike futures, these contracts don’t have a set expiry date.
• Funding rate: Periodic payments between long and short traders to keep the contract price aligned with the spot price.

BONKUSDT perpetuals are typically offered with varying leverage options, often up to 10x. The contract size is usually 1 BONK, making it accessible to traders with different capital levels.

Trading these contracts requires a thorough understanding of market dynamics and risk management. You should be aware of the high volatility in cryptocurrency markets and the potential for significant losses, especially when using leverage.

What Is BONK Futures Trading With Leverage

BONK futures trading with leverage allows you to speculate on the price movements of BONK tokens without owning the underlying asset. You can open larger positions than your account balance would typically allow.

Leverage amplifies both potential profits and losses. For example, with 5x leverage, a 1% price move results in a 5% gain or loss on your position.

BONK perpetual futures contracts don’t have expiration dates. You can hold positions indefinitely, subject to funding rates that balance long and short exposure.

Key features of BONK futures trading:

• Denominated and settled in USDT
• Available leverage up to 5x on some exchanges
• No need to own actual BONK tokens
• Ability to go long or short

Trading BONK futures requires careful risk management. Use stop-loss orders to limit potential losses, especially when using leverage.

Before trading, familiarize yourself with the specific contract terms, fees, and platform features of your chosen exchange. Different platforms may offer varying leverage limits and trading conditions for BONK futures.

Remember that cryptocurrency futures trading carries high risk. Only trade with funds you can afford to lose, and never risk more than you’re comfortable with.

How To Buy BONK Futures

To buy BONK futures, you’ll need to choose a crypto derivatives exchange that offers BONKUSDT perpetual contracts. Several platforms provide this trading option, including Delta Exchange, Helix, and AscendEX.

Start by creating an account on your chosen exchange. Complete the registration process and verify your identity if required.

Fund your account with USDT, as BONK futures are typically denominated and settled in USDT. You can usually deposit USDT directly or buy it on the exchange.

Navigate to the BONKUSDT perpetual futures section on the platform. Familiarize yourself with the trading interface and contract specifications.

Decide on your position size and leverage. Be cautious with leverage, as it amplifies both profits and losses. Some exchanges offer up to 100x leverage, but it’s wise to start conservatively.

Place your order by selecting “Buy” for a long position or “Sell” for a short position. Enter the amount of contracts you want to purchase and your desired price.

Monitor your position closely, as futures markets can be volatile. Set stop-loss and take-profit orders to manage risk.

Remember to stay informed about BONK’s market movements and news that could affect its price. Trading futures carries significant risks, so only invest what you can afford to lose.

How To Go Long & Short On BONK Using Futures Contracts

To go long or short on BONK using futures contracts, you’ll need to use a cryptocurrency exchange that offers BONK perpetual futures. Popular platforms include Kraken and OKX.

First, create an account on your chosen exchange and complete any required verification steps. Deposit funds into your futures account, which may be separate from your spot trading wallet.

Navigate to the BONK/USDT perpetual futures contract. You’ll see the current price, order book, and trading interface.

To open a long position:

• Select “Buy/Long”
• Enter the amount of contracts
• Choose your leverage (be cautious with high leverage)
• Place a market or limit order

For a short position:

• Select “Sell/Short”
• Follow the same steps as above

Set a stop-loss to manage risk. You can also set take-profit orders to automatically close your position at a target price.

Monitor your position closely. Futures trading carries high risk due to leverage and liquidation. Only trade with funds you can afford to lose.

To close your position, place an opposing order. For a long, you’ll sell. For a short, you’ll buy. This realizes your profit or loss.

Remember that fees apply to opening, maintaining, and closing positions. Always factor these into your trading strategy.

Where To Trade BONK Futures

BONK futures trading is available on several major cryptocurrency exchanges. Each platform offers unique features, leverage options, and trading interfaces for BONKUSDT perpetual contracts.

BONKUSDT Binance Futures

Binance Futures provides BONKUSDT perpetual contracts with deep liquidity and low fees. You can trade with up to 20x leverage on this platform. The exchange offers a user-friendly interface and advanced charting tools.

Binance’s futures trading platform includes features like:

• Cross and isolated margin modes
• Stop-loss and take-profit orders
• Real-time market data and depth charts

To start trading, you’ll need to complete KYC verification and transfer funds to your Binance Futures wallet.

MEXC BONK Futures

MEXC Global offers BONKUSDT perpetual futures contracts. The exchange provides competitive fees and leverage options up to 50x for BONK trading.

Key features of MEXC’s futures platform include:

• One-click position close
• Adjustable leverage
• Price alerts and conditional orders

MEXC also offers a mobile app for on-the-go trading. You’ll need to create an account and complete verification to access futures trading.

Bitget BONK Futures

Bitget supports BONKUSDT perpetual contracts with leverage up to 50x. The platform is known for its copy trading feature, allowing you to follow experienced traders’ strategies.

Bitget’s BONK futures trading includes:

• Dual-price mechanism to prevent manipulated liquidations
• Tiered maintenance margin rates
• API access for automated trading

To trade BONK futures on Bitget, you’ll need to complete account verification and fund your futures wallet.

BONK Futures Coinbase

Coinbase does not currently offer BONK futures trading. The exchange primarily focuses on spot trading for cryptocurrencies. You can buy and sell BONK tokens on Coinbase, but futures contracts are not available.

If you’re looking to trade BONK futures, you’ll need to use one of the other exchanges mentioned in this section.

BONKUSDT PERP OKX

OKX provides BONKUSDT perpetual swap contracts with up to 75x leverage. The exchange offers a comprehensive trading interface with advanced order types and risk management tools.

OKX’s BONK futures platform features:

• Portfolio margin mode for reduced margin requirements
• Tiered fee structure with rebates for high-volume traders
• Demo trading account for practice

To access BONK futures on OKX, you’ll need to complete identity verification and deposit funds into your derivatives account.

BONKUSDT PERP Bybit

Bybit offers BONKUSDT perpetual contracts with leverage up to 50x. The exchange is known for its fast order execution and robust risk management system.

Bybit’s BONK futures trading includes:

• Dual-price mechanism for fair mark price
• Customizable interface layouts
• Insurance fund to prevent auto-deleveraging

You’ll need to create a Bybit account, complete KYC, and fund your derivatives wallet to start trading BONK futures on this platform.

BONK Futures Contract Specification Details

BONKUSDT perpetual futures contracts offer traders exposure to BONK price movements without owning the underlying asset. These contracts have no expiry date and are settled in USDT.

Contract multipliers vary by exchange. On Coinbase, the multiplier is 1, while AscendEX uses 1000 BONK per contract.

Leverage options range from 5x on AscendEX to 25x on Pionex. Binance Futures offers BONKUSDT perpetuals with deep liquidity.

Margin policies typically use smart cross margin. Acceptable collateral often includes USDT, USDC, BTC, and ETH.

Key specifications:

• Minimum order quantity: 100,000 BONK (Crypto.com)
• Tick size: 0.000000001 USD
• Quote increment: 0.00001 (Coinbase)
• Settlement: Every 5 minutes in USDC (Coinbase)

Trading bandwidth is set to +/-5% of the mark price for aggressive orders on some platforms.

Exchanges may adjust contract specifications, including funding fees and maximum leverage, based on market conditions. Always check the latest details on your chosen platform before trading.

Why Trade BONK Futures

Trading BONK futures offers several advantages for crypto enthusiasts and traders. You can gain exposure to BONK’s price movements without owning the underlying asset, potentially profiting from both rising and falling markets.

Leverage is a key benefit, allowing you to amplify your trading position. For example, Binance offers up to 5x leverage on BONK futures, increasing your potential returns (and risks).

Futures trading provides enhanced liquidity compared to spot markets. This means you can enter and exit positions more easily, even with larger trade sizes.

Price discovery is another advantage. Futures markets often lead spot prices, giving you insights into potential future trends for BONK.

Risk management tools like stop-loss and take-profit orders are readily available when trading BONK futures. These help you protect your positions and automate your trading strategy.

Hedging is also possible with futures. If you hold BONK tokens, you can use futures to protect against potential price drops without selling your holdings.

Trading BONK futures on reputable exchanges like Binance or AscendEX provides access to deep liquidity pools and competitive fees, enhancing your overall trading experience.

Remember, while futures trading offers opportunities, it also carries significant risks. Always trade responsibly and within your risk tolerance.

What Is BONK Crypto

BONK is a meme cryptocurrency that gained popularity in late 2022. It’s a token on the Solana blockchain, aiming to bring fun and community engagement to the crypto space.

You can think of BONK as Solana’s version of Dogecoin or Shiba Inu. It embraces the playful side of crypto while also trying to provide utility within the Solana ecosystem.

The token’s name comes from the internet slang “bonk,” often used in memes. This reflects its lighthearted approach to crypto.

BONK has a massive supply of 100 trillion tokens. A large portion was airdropped to Solana users and developers to encourage adoption and community growth.

You can trade BONK on various cryptocurrency exchanges. It’s available as a spot trading pair and also as a perpetual futures contract on some platforms.

While BONK started as a meme token, its team aims to develop real use cases. These include integrations with Solana-based games and decentralized finance (DeFi) applications.

Remember, like all cryptocurrencies, BONK can be highly volatile. Do your own research and consider the risks before investing.

Frequently Asked Questions

BONK perpetual futures contracts offer traders leveraged exposure to BONK price movements. These products have specific characteristics and pricing mechanisms that investors should understand before trading.

Are there futures for BONK?

Yes, several cryptocurrency exchanges offer BONK perpetual futures contracts. AscendEX launched BONKUSDT perpetuals on January 8, 2023. BitMart also introduced BONKUSDT perpetual contracts on April 1, 2024.

What is BONK Perpetual?

BONK Perpetual is a derivative product that allows you to speculate on BONK price movements without an expiry date. It provides leverage, enabling you to open larger positions with less capital.

What is a BONK Perp Trade?

A BONK Perp Trade involves taking a long or short position on BONK’s price using perpetual futures contracts. You can profit from both rising and falling markets without owning the underlying asset.

How Much is a BONK Perp?

BONK perpetual contract prices closely track the spot market price of BONK. As of October 22, 2024, the price of 1000BONK perpetual contracts on Binance was approximately 0.0226014 USDT.

How much is the BONK futures contract?

The contract size for BONK perpetuals varies by exchange. On BitMart, one contract represents 1 BONK. Binance offers 1000BONK per contract. Check your chosen platform for specific contract details.

How is pricing determined for BONK perpetual futures contracts?

BONK perpetual futures prices are influenced by spot market prices, trading volume, and market sentiment. Funding rates help align futures prices with the underlying spot market, incentivizing traders to maintain price equilibrium.