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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against SoDEX−1.087%56s7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 1.087% cheaper against SoDEX than usual: you would sell low and buy high, −$109 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000BONK-USD	0.000003692	0.0100	pay 0.0013% / 1h	36m 26s	$2K	$7K	10x
Short	Aster 1000BONKUSDT	0.000003652	0.0100	get 0.0050% / 4h	1h 36m	$61K	$303K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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 SoDEXbpFee AsterbpOrdersPrice spread, now −1.087%Rate

Funding earned: $0
Price spread: −1.087% → 0.000%: −$108.67
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$124.67
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 6 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Aster live order book, 6 min ago	9.51 bp	22.9 bp −$23	doesn't fit	doesn't fit	doesn't fit

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	−0.0016%	1h	0.000003673	−0.515%	$45K	$55K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003642	−1.344%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003647	−1.216%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−11.322%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003638	−1.451%	$4	—	15x	as long as short
BloFin 1000BONK-USDT	+0.0088%	4h	0.000003692	0.000%	$1.1M	$19.5M	75x	as long as short
Aster 1000BONKUSDTshort	+0.0100%	4h	0.000003652	−1.087%	$61K	$303K	10x
Pacifica kBONK	+0.0100%	1h	0.000003670	−0.596%	$122K	$134K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003651	−1.111%	$18.9M	$78.4M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003646	−1.246%	$12.5M	$24.2M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003652	−1.083%	$3.1M	$13.5M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003642	−1.354%	$1.0M	$3.3M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003649	−1.165%	$12.4M	$9.0M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003645	−1.276%	$2.9M	$10.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003636	−1.517%	$4.7M	$4.5M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003644	−1.300%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003680	−0.329%	$345K	$146K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003680	−0.325%	$62K	$705K	25x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003638	−1.463%	$54K	$121K	10x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003649	−1.165%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003699	+0.190%	$2K	$14K	20x	as long as short
SoDEX 1000BONK-USDlong	+0.0100%	1h	0.000003692	long leg	$2K	$7K	10x
HTX BONK-USDT	+0.0100%	4h	0.000003697	+0.135%	$105K	$131K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003653	−1.067%	$24K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003689	−0.081%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−18.743%	$557	—	100x	as long as short
Lighter 1000BONK	+0.0256%	1h	0.000003680	−0.325%	$255K	$744K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0833%	1h	0.000003698	+0.163%	$26K	$165K	10x	as long as short
Hyperliquid kBONK	+0.1231%	1h	0.000003648	−1.192%	$12.6M	$7.7M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1783%	1h	0.000003695	+0.081%	$57K	$24K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2910%	1h	0.000003710	+0.491%	$229K	$221K	50x	as long as short