PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.17 per $10,000 · paid last 24h −0.027%

Price spread now: ApeX Omni against Aevo+0.205%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. ApeX Omni is 0.205% dearer against Aevo than usual: you sell high and buy low (spread +0.205% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PONS-PERP	0.6151	0.0232	pay 0.0029% / 1h	0m 45s	$383	—	3x
Short	ApeX Omni PONSUSDT	0.6164	0.0100	get 0.0013% / 1h	0m 45s	$30K	$299K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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 AevobpFee ApeX OmnibpOrdersPrice spread, now +0.205%Rate

Funding earned: −$27.72
Price spread: +0.205% → 0.000%: $20.48
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$33.24
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; ApeX Omni: live order book, 37 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 Aevo no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 37 min ago	36.65 bp	75.4 bp −$75	148.9 bp −$1,489	doesn't fit	doesn't fit

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.

PONS on 30 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
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0030%	1h	0.6145	−0.102%	$240K	—	150x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6154	+0.041%	$23K	$456K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6150	−0.032%	$72K	$130K	5x	as long as short
ApeX Omni PONSUSDTshort	+0.0100%	1h	0.6164	+0.205%	$30K	$299K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6154	+0.034%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6149	−0.042%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6149	−0.049%	$26K	$638K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6167	+0.244%	$66K	$536K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6150	−0.024%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERPlong	+0.0232%	1h	0.6151	long leg	$383	—	3x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PONS_USDT	+0.0354%	4h	0.6150	−0.024%	$5.5M	$6.6M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0388%	4h	0.6154	+0.041%	$13.9M	$60.5M	20x	as long as short
Lighter RH PONS	+0.0424%	1h	0.6154	+0.042%	$426K	$2.7M	3x	as long as short
Aster PONSUSDT	+0.0433%	4h	0.6154	+0.036%	$1.1M	$2.3M	20x	as long as short
KuCoin PONSUSDTM	+0.0486%	4h	0.6155	+0.059%	$1.6M	$4.1M	20x	as long as short
Lighter PONS	+0.0488%	1h	0.6156	+0.067%	$1.7M	$859K	3x	as long as short
Hyperliquid PONS	+0.0492%	1h	0.6151	−0.003%	$62.8M	$30.5M	3x	as long as short
Variational Omni PONS	+0.0494%	4h	0.6148	−0.062%	$1.6M	$4.3M	—	as long as short
Pacifica PONS	+0.0572%	1h	0.6154	+0.038%	$46K	$77K	3x	as long as short
Binance PONSUSDT	+0.0592%	4h	0.6156	+0.080%	$40.0M	$105.2M	20x	as long as short
MEXC PONS_USDT	+0.0596%	4h	0.6155	+0.057%	$7.8M	$4.8M	20x	as long as short
Extended PONS-USD	+0.0600%	1h	0.6153	+0.025%	$103K	$827K	5x	as long as short
edgeX PONSUSDC	+0.0603%	4h	0.6164	+0.197%	$20K	$292K	10x	as long as short
BingX PONS-USDT	+0.0654%	4h	0.6157	+0.089%	—	$3.2M	—	as long as short
Bybit PONSUSDT	+0.0661%	4h	0.6154	+0.041%	$18.4M	$33.0M	20x	as long as short
Bitget PONSUSDT	+0.0682%	4h	0.6158	+0.102%	$4.9M	$13.0M	20x	as long as short
BloFin PONS-USDT	+0.0836%	4h	0.6155	+0.057%	$1.8M	$1.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.0973%	1h	0.6142	−0.146%	$72K	$2.3M	3x	as long as short
Injective PONS/USDC PERP	+0.1069%	1h	0.5938	−3.463%	$610	$10K	5.5x	as long as short
Phoenix PONS	+0.1405%	1h	0.6162	+0.171%	$47K	$127K	3x	as long as short