Bungee’s current site goes beyond its original cross-chain swap interface: it also markets a trading terminal and funded perpetuals. Each surface has different pricing, asset control and account rules. In particular, a funded account’s headline size is a contractual trading allocation, not money the trader owns or can withdraw.[1][3]
Three products under one brand
Sections ↑Product and execution boundary
| Product | Economic activity | Evidence scope |
|---|---|---|
| Swap | Move/exchange wallet assets | Socket/Bungee routing.Source 1Source 4Source 3 |
| Terminal | Perpetual trading surface | Separate from swap quote.Source 1Source 4Source 3 |
| Funded Perps | Evaluation then conditional profit participation | Programme rulebook.Source 1Source 4Source 3 |
Funded programme: what the trader actually controls
| Item | Control | Implication |
|---|---|---|
| Trade instruction | Submitted through Bungee | Not direct ownership of hedges.Source 3 |
| Execution method | Operator may simulate, hedge, net or route | Do not label every fill an external exchange trade.Source 3 |
| Account economics | Programme ledger and rules | Allocation is not withdrawable principal.Source 3 |
Evaluation purchase and execution costs
Sections ↑$10,000 evaluation examples on the landing page
Funded-account cost components
| Component | Published treatment | Different from |
|---|---|---|
| Execution | 0.015% notional per side; maker=taker | Evaluation purchase.Source 2Source 3 |
| Round trip on $10,000 | Illustrative $3 at unchanged notional | Funding and price loss.Source 2Source 3 |
| Funding | Hourly, dynamic, non-negative in rulebook | A guaranteed credit to trader.Source 2Source 3 |
Comparing a swap quote with an evaluation fee
| Measure | Comparable unit | Why separate |
|---|---|---|
| Swap | Net destination tokens for fixed input | Route and gas costs.Source 1Source 2 |
| Evaluation | Price of attempt under plan rules | Does not purchase the account’s nominal capital.Source 1Source 2 |
| Perpetual fill | Fee on executed position notional | Can exceed margin placed at risk.Source 1Source 2 |
Payout conditions and conflicting public descriptions
Sections ↑The public landing-page FAQ and detailed rulebook do not agree on important limits. The rulebook describes a user-wide UTC-day allowance and profit-claim reset; the landing FAQ describes a per-account rolling window and payout reset. A purchaser needs the version incorporated into the actual account agreement. This profile does not silently choose the more favourable wording.[2][3]
Conflicts requiring account-specific confirmation
| Topic | Landing page | Detailed rulebook |
|---|---|---|
| Active allocation | 100,000 USD | 110,000 USDSource 2Source 3 |
| Payout allowance | Per-account rolling 24 hours | User-wide UTC calendar daySource 2Source 3 |
| Account reset | Approved/processed payout | Claim of eligible profitSource 2Source 3 |
| Rejected request | Does not consume allowance | Consumes allowance; no restoration statedSource 2Source 3 |
Published payout baseline
Wallet assets and funded ledgers are different
Sections ↑Asset-control comparison
| Stage | Control model | Main dependency |
|---|---|---|
| Before swap | User wallet | Keys and signing.Source 4Source 3 |
| During route | Contracts/bridge/provider | Settlement and recovery.Source 4Source 3 |
| Funded account | Contractual ledger | Programme risk and payout rules.Source 4Source 3 |
| External hedge | Operator-controlled exposure | Trader has no direct ownership.Source 4Source 3 |
Illustration: static drawdown on a $10,000 plan
Risk and trading restrictions
Sections ↑Programme limits are not exchange-wide settings
| Control | Rulebook treatment | Impact |
|---|---|---|
| Margin | Isolated; fixed leverage by market | No cross-margin programme.Source 3 |
| Daily loss | 3% balance-based floor at 00:00 UTC | Live equity can breach immediately.Source 3 |
| Conduct | Bots/HFT/scalping and coordinated hedging prohibited | Payout review can reject activity.Source 3 |
A wallet’s ability to use swaps does not establish eligibility for the funded programme or terminal derivatives. Market lists, identity checks and jurisdictional terms must be assessed for the particular product. No complete current country matrix or independently matched derivatives permission was verified.[3][1]
Separate a swap incident from an account dispute
Sections ↑Evidence for the correct support case
| Issue | Evidence to preserve | Relevant system |
|---|---|---|
| Swap delay | Source hash, route and receiving asset | Wallet/bridge path.Source 3Source 4 |
| Execution dispute | Order, fill, fee and timestamp | Trading ledger.Source 3Source 4 |
| Breach/payout dispute | Balance/equity history and applicable rule version | Programme account.Source 3Source 4 |
No licence inferred from the technology brand
Sections ↑The reviewed material establishes product descriptions and operating rules, not a matched financial-services authorisation. Socket infrastructure, Bungee branding, a public wallet interface and an evaluation contract are separate facts. None alone establishes a regulated custodial account or permission to offer derivatives in every country.[4][3]
Product evolution and documentation migration
Sections ↑Documentation used for this profile
| Source | Current role | Treatment |
|---|---|---|
| Bungee homepage | Product menu | Confirms broader brand scope.Source 1Source 3Source 4 |
| Funded plan page/rulebook | Programme economics | Conflicts stated explicitly.Source 1Source 3Source 4 |
| Old Bungee API paths | Redirect to Socket documentation homepage | Not cited as a current fee schedule.Source 1Source 3Source 4 |
- Operator
- Bungee cross-chain swap interface powered by Socket infrastructure
- Exchange model
- Hybrid
- Service scope
- Bungee brand includes cross-chain swaps, a trading terminal and a separate funded-perpetual evaluation programme. Funded accounts are contractual trading mandates; they are not ownership of the advertised capital.
- Client types
- Retail clients; Institutional clients
- Pricing publication
- Public and quoted pricing
- Other names
- Bungee; Bungee Auto; Socket Bungee
- Pricing scope
- Funded programme quotes 0.015% executed notional per opening/closing fill; plan purchase, funding and risk rules are separate. No universal current swap/terminal fee is inferred from retired API docs.
- Funding scope
- Swap routes use wallet tokens and chain costs. Funded evaluations involve a plan purchase and conditional profit payouts; evaluation size is not a customer deposit balance.
- Custody and asset handling
- Swap-wallet signing and temporary route contracts differ from funded-programme account ledgers. Funded traders do not own or control the operator’s hedge positions or underlying capital.
- Client eligibility
- Supported chain/token pairs and wallet-signing ability; region and third-party protocol restrictions may still apply despite permissionless frontend access.
- Support
- Official Bungee site/community and programme support process. Internal ledger and execution records govern funded-account disputes under the rulebook; no fixed recovery guarantee.
- Authorisation and registration scope
- No matched financial permission or universally applicable current legal counterparty verified. Socket technology association does not confer a derivatives or funded-programme licence.
Exchange metadata checked 26 Oct 2026Source 1Source 2Source 3Source 4
A useful comparison needs the exact product
Sections ↑For swaps, compare final delivered asset and route costs. For a funded programme, compare purchase price, breach thresholds, allowed trading and payout rights. For terminal derivatives, obtain its own live instrument and fee terms. Combining these into a single “Bungee fee” would conceal the most consequential differences.[1][2][3]
Sources & further reading
- Live Bungee cross-chain swap app Bungee · Accessed 22 Oct 2026
- Bungee funded perpetuals: evaluation plans and fees Bungee Exchange
- Bungee Funded Perps rulebook Bungee Exchange
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.