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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%

Price spread now: SunX against Nado+0.125%7-day average — · you sell dearer than you buy

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

Long on Nado Short on SunX

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: SunX is 0.125% dearer against Nado than usual: you sell high and buy low, +$12 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	0.000003602	0.0100	pay 0.0012% / 1h	6m 08s	$44K	$111K	10x
Short	SunX BONK-USDT	0.000003606	0.0100	get 0.0050% / 4h	3h 06m	$2K	$13K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.125%Rate

Funding earned: $0
Price spread: +0.125% → 0.000%: $12.49
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$2.51
Costs to cover: 0.150%
Break-even: 986322241976.8 days

Slippage unknown: Nado: live order book, 17 min ago; SunX: 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, 17 min ago	2.85 bp	18.7 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell SunX no order-book sample	—	—	—	—	—

SunX: 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	−0.0312%	1h	0.000003592	−0.264%	$45K	$46K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003599	−0.060%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003600	−0.050%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−9.093%	$3K	$113	5.5x	as long as short
Orderly PERP_1000BONK_USDC	+0.0081%	4h	0.000003597	−0.125%	$31K	$54K	20x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003603	+0.038%	$4	—	15x	as long as short
Nado kBONK-PERPlong	+0.0100%	1h	0.000003602	long leg	$44K	$111K	10x
Aster 1000BONKUSDT	+0.0100%	4h	0.000003594	−0.199%	$75K	$279K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003602	+0.014%	$124K	$113K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003596	−0.152%	$18.1M	$66.8M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003593	−0.236%	$11.9M	$20.9M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003597	−0.125%	$2.7M	$10.8M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003599	−0.069%	$935K	$2.9M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003594	−0.208%	$9.9M	$7.8M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003597	−0.136%	$3.0M	$10.1M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003594	−0.208%	$4.6M	$3.5M	75x	as long as short
BingX 1000BONK-USDC	+0.0100%	4h	0.000003599	−0.069%	—	$6.5M	—	as long as short
Variational Omni 1000BONK	+0.0100%	4h	0.000003590	−0.324%	$333K	$140K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003565	−1.013%	$60K	$707K	25x	as long as short
SunX BONK-USDTshort	+0.0100%	4h	0.000003606	+0.125%	$2K	$13K	20x
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003598	−0.097%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003603	+0.042%	$102K	$127K	30x	as long as short
BloFin 1000BONK-USDT	+0.0103%	4h	0.000003595	−0.180%	$1.0M	$17.5M	75x	as long as short
Extended 1000BONK-USD	+0.0104%	1h	0.000003598	−0.109%	$23K	$4K	25x	as long as short
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003592	−0.264%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0194% / S −0.2801%	1h	0.000003000	−16.701%	$397	—	100x	as long as short
Lighter 1000BONK	+0.0216%	1h	0.000003601	−0.014%	$250K	$699K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0584%	1h	0.000003600	−0.042%	$6K	$123K	10x	as long as short
Hyperliquid kBONK	+0.1054%	1h	0.000003604	+0.069%	$11.9M	$5.9M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1568%	1h	0.000003606	+0.125%	$49K	$16K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.2331%	1h	0.000003602	+0.020%	$230K	$203K	50x	as long as short