Funding you earn now, next payment 22:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h +0.071%
Price spread now: Binance against Aevo+0.033%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.033% dearer against Aevo than usual: you sell high and buy low: +$3 more if the spread 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 | Aevo PONS-PERP | 0.5930 | 0.0128 | pay 0.0016% / 1h | 56m 51s | $369 | — | 3x |
| Short | Binance PONSUSDT | 0.5932 | 0.0191 | get 0.0095% / 4h | 2h 56m | $38.7M | $98.4M | 20x |
Aevo PONS-PERP
Binance PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.18
- Price spread: +0.033% → 0.000%
- $3.25
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.57
- Costs to cover
- 0.260%
- Break-even
- 12.1 days
Slippage unknown: Aevo: no order-book sample; Binance: live order book, 1 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 Binance live order book, 1 min ago | 0.84 bp | 12.5 bp −$12 | 33.1 bp −$331 | 253.8 bp −$25.4K | 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 −0.0034% | 1h | 0.5923 | −0.120% | $217K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | −0.175% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5931 | +0.017% | $21K | $459K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5929 | −0.017% | $18.0M | $31.4M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5930 | 0.000% | $13.6M | $56.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5931 | +0.019% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5932 | +0.037% | $4.6M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5963 | +0.550% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5963 | +0.563% | $34K | $326K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5934 | +0.059% | $2K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5934 | +0.073% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5926 | −0.073% | $27K | $535K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5934 | +0.074% | $64K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5925 | −0.084% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERPlong | +0.0128% | 1h | 0.5930 | long leg | $369 | — | 3x | |
| Lighter RH PONS | +0.0184% | 1h | 0.5932 | +0.034% | $400K | $2.5M | 3x | as long as short |
| BingX PONS-USDT | +0.0188% | 4h | 0.5933 | +0.051% | — | $3.1M | — | as long as short |
| MEXC PONS_USDT | +0.0190% | 4h | 0.5930 | 0.000% | $7.8M | $5.1M | 20x | as long as short |
| Binance PONSUSDTshort | +0.0191% | 4h | 0.5932 | +0.033% | $38.7M | $98.4M | 20x | |
| Extended PONS-USD | +0.0192% | 1h | 0.5926 | −0.064% | $106K | $531K | 5x | as long as short |
| Nado PONS-PERP | +0.0205% | 1h | 0.5934 | +0.069% | $84K | $100K | 5x | as long as short |
| edgeX PONSUSDC | +0.0206% | 4h | 0.5961 | +0.521% | $21K | $292K | 10x | as long as short |
| Gate PONS_USDT | +0.0258% | 4h | 0.5929 | −0.017% | $5.2M | $6.7M | 20x | as long as short |
| Aster PONSUSDT | +0.0264% | 4h | 0.5927 | −0.047% | $1.1M | $2.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0327% | 1h | 0.5930 | −0.007% | $38K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0431% | 4h | 0.5934 | +0.067% | $1.7M | $988K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5934 | +0.073% | $47K | $102K | 3x | as long as short |
| Hyperliquid PONS | +0.0745% | 1h | 0.5934 | +0.074% | $59.4M | $29.7M | 3x | as long as short |
| Lighter PONS | +0.1208% | 1h | 0.5934 | +0.059% | $1.7M | $879K | 3x | as long as short |
| Phoenix PONS | +0.1232% | 1h | 0.5931 | +0.024% | $27K | $86K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Lighter RH PONS
BingX PONS-USDT
MEXC PONS_USDT
Extended PONS-USD
Nado PONS-PERP
edgeX PONSUSDC
Gate PONS_USDT
Aster PONSUSDT
Polymarket Perps PONS-USD
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Lighter PONS
Phoenix PONS