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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%

Price spread now: SoDEX against Nado−0.073%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.073% cheaper against Nado than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado kBONK-PERP	0.000003412	0.0100	pay 0.0012% / 1h	43m 19s	$27K	$114K	10x
Short	SoDEX 1000BONK-USD	0.000003410	0.0100	get 0.0013% / 1h	43m 19s	$2K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee SoDEXbpOrdersPrice spread, now −0.073%Rate

Funding earned: $0
Price spread: −0.073% → 0.000%: −$7.33
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$22.33
Costs to cover: 0.150%
Break-even: 7593899097113.8 days

Slippage unknown: Nado: live order book, 15 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 15 min ago	4.42 bp	16.2 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BONK on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International 1000BONK-PERP-INTX	−0.0336%	1h	0.000003390	−0.659%	$44K	$26K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003414	+0.044%	$939K	$14.9M	75x	as long as short
Orderly PERP_1000BONK_USDC	−0.0022%	4h	0.000003408	−0.132%	$29K	$49K	20x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003412	0.000%	$12K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003410	−0.070%	$24	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−4.059%	$3K	$113	5.5x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0043%	1h	0.000003410	−0.073%	$2K	$110K	10x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003409	−0.103%	$4	—	15x	as long as short
Nado kBONK-PERPlong	+0.0100%	1h	0.000003412	long leg	$27K	$114K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003409	−0.101%	$66K	$253K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kBONK	+0.0100%	1h	0.000003411	−0.044%	$113K	$125K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003410	−0.084%	$16.0M	$55.5M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003409	−0.100%	$10.8M	$17.6M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003404	−0.249%	$2.5M	$8.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003409	−0.103%	$742K	$2.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003404	−0.249%	$9.6M	$6.8M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003410	−0.070%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003407	−0.161%	$4.3M	$3.1M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003409	−0.103%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003402	−0.294%	$310K	$127K	—	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003415	+0.073%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USDshort	+0.0100%	1h	0.000003410	−0.073%	$2K	$6K	10x
HTX BONK-USDT	+0.0100%	4h	0.000003412	−0.015%	$96K	$161K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003409	−0.098%	$22K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003408	−0.132%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0197% / S −0.4340%	1h	0.000003000	−12.088%	$570	—	100x	as long as short
Lighter 1000BONK	+0.0360%	1h	0.000003416	+0.103%	$385K	$512K	10x	as long as short
ApeX Omni 1000BONKUSDT	+0.0360%	1h	0.000003413	+0.015%	$57K	$713K	25x	as long as short
Backpack kBONK_USDC_PERP	+0.0423%	1h	0.000003416	+0.103%	$30K	$7K	10x	as long as short
Hyperliquid kBONK	+0.0906%	1h	0.000003418	+0.161%	$10.1M	$7.5M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2061%	1h	0.000003419	+0.180%	$213K	$165K	50x	as long as short