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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Aevo against Variational Omni−0.015%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aevo

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 airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni 1000BONK	0.000003379	0.0100	pay 0.0050% / 4h	2h 46m	$304K	$105K	—
Short	Aevo 1000BONK-PERP	0.000003378	0.0104	get 0.0013% / 1h	46m 05s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.015%Rate

Funding earned: $0.84
Price spread: −0.015% → 0.000%: −$1.53
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$16.69
Costs to cover: 0.160%
Break-even: 146.1 days

Slippage unknown: Variational Omni: RFQ quote, 43 min ago; Aevo: 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 Variational Omni RFQ quote, 43 min ago	8.83 bp	doesn't fit	47.1 bp −$471	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0320%	1h	0.000003377	−0.045%	$43K	$21K	50x	as long as short
BloFin 1000BONK-USDT	−0.0140%	4h	0.000003386	+0.221%	$1.0M	$13.2M	75x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	−0.0046%	1h	0.000003380	+0.044%	$2K	$110K	10x	as long as short
Orderly PERP_1000BONK_USDC	−0.0034%	4h	0.000003381	+0.073%	$29K	$41K	20x	as long as short
gTrade (Gains Network) BONK/USD	L 0.0000% / S +0.0001%	1h	0.000003381	+0.082%	$1K	—	150x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003385	+0.192%	$12K	$3K	10x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−3.094%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003382	+0.091%	$4	—	15x	as long as short
Lighter 1000BONK	+0.0096%	1h	0.000003382	+0.103%	$203K	$283K	10x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003383	+0.133%	$20K	$104K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster 1000BONKUSDT	+0.0100%	4h	0.000003384	+0.163%	$67K	$252K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003384	+0.162%	$116K	$116K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003383	+0.134%	$15.3M	$49.6M	75x	as long as short
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003379	+0.014%	$10.2M	$16.1M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003383	+0.133%	$2.5M	$7.6M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003382	+0.103%	$746K	$2.6M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003380	+0.044%	$9.8M	$6.5M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003381	+0.062%	$2.7M	$9.8M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003382	+0.103%	$4.3M	$3.0M	75x	as long as short
BingX 1000BONK-USDT	+0.0100%	4h	0.000003380	+0.044%	—	$8.0M	—	as long as short
Backpack kBONK_USDC_PERP	+0.0100%	1h	0.000003383	+0.133%	$30K	$7K	10x	as long as short
Variational Omni 1000BONKlong	+0.0100%	4h	0.000003379	long leg	$304K	$105K	—
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003380	+0.044%	$57K	$693K	25x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003386	+0.221%	$2K	$12K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003380	+0.044%	$2K	$6K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003392	+0.399%	$80K	$117K	30x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003379	+0.021%	$22K	$2K	25x	as long as short
Aevo 1000BONK-PERPshort	+0.0104%	1h	0.000003378	−0.015%	$4K	—	3x
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.4340%	1h	0.000003000	−11.204%	$566	—	100x	as long as short
Hyperliquid kBONK	+0.0755%	1h	0.000003389	+0.310%	$10.1M	$6.9M	10x	as long as short
Kraken Futures PF_BONKUSD	+0.1134%	1h	0.000003387	+0.251%	$206K	$185K	50x	as long as short