The bump on it's left side is food. Especially if it ate a big dubia you'll definitely feel a lump on the left side. It's right side is poop. I'd just do the honey soak once every other day, you could probably do it every day but I wouldn't, that's just me. You can do a normal lukewarm water soak every day. Once the frog poops though you don't have to worry about soaking.

I give my frogs a normal non-honey lukewarm water soak every 2 weeks if I don't see them poop, just because I have one frog that only poops if I give him a bath. He always goes too.