Funding you earn now, next payment 01:00 UTC+0.0402%/8h= +44.0% APRpaid last 24h +0.105%
Price spread now: BingX against Aevo+0.024%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 +$12 a day on $10k at the current rate, and BingX is 0.024% dearer against Aevo than usual: you sell high and buy low: +$2 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 | 0.6078 | 0.0160 | pay 0.0020% / 1h | 42m 38s | $379 | — | 3x |
| Short | BingX PONS-USDT | 0.6079 | 0.0562 | get 0.0281% / 4h | 3h 42m | — | $3.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $84.42
- Price spread: +0.024% → 0.000%
- $2.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $60.84
- Costs to cover
- 0.260%
- Break-even
- 2.0 days
Slippage unknown: Aevo: no order-book sample; BingX: live order book, 2 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 BingX live order book, 2 min ago | 0.82 bp | 12.7 bp −$13 | 36.7 bp −$367 | 163.3 bp −$16.3K | 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 +0.0033% / S −0.0033% | 1h | 0.6066 | −0.192% | $240K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.778% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6077 | −0.005% | $431K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6074 | −0.058% | $20K | $415K | 20x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.6071 | −0.107% | $5.3M | $6.1M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6070 | −0.131% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6068 | −0.152% | $33K | $357K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6082 | +0.080% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6077 | −0.017% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6082 | +0.082% | $28K | $553K | 3x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | +0.0100% | 4h | 0.6094 | +0.269% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6086 | +0.139% | $1.7M | $3.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0103% | 4h | 0.6075 | −0.042% | $13.8M | $57.4M | 20x | as long as short |
| Aevo PONS-PERPlong | +0.0160% | 1h | 0.6078 | long leg | $379 | — | 3x | |
| KuCoin PONSUSDTM | +0.0168% | 4h | 0.6074 | −0.053% | $1.8M | $3.8M | 20x | as long as short |
| Bitget PONSUSDT | +0.0204% | 4h | 0.6079 | +0.026% | $4.7M | $11.6M | 20x | as long as short |
| Aster PONSUSDT | +0.0208% | 4h | 0.6072 | −0.086% | $1.1M | $2.2M | 20x | as long as short |
| MEXC PONS_USDT | +0.0326% | 4h | 0.6078 | +0.008% | $7.9M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0326% | 4h | 0.6076 | −0.025% | $39.8M | $97.6M | 20x | as long as short |
| Extended PONS-USD | +0.0328% | 1h | 0.6079 | +0.020% | $250K | $683K | 5x | as long as short |
| edgeX PONSUSDC | +0.0333% | 4h | 0.6067 | −0.168% | $21K | $294K | 10x | as long as short |
| Lighter PONS | +0.0472% | 1h | 0.6079 | +0.023% | $1.7M | $896K | 3x | as long as short |
| BingX PONS-USDTshort | +0.0562% | 4h | 0.6079 | +0.024% | — | $3.1M | — | |
| Nado PONS-PERP | +0.0563% | 1h | 0.6072 | −0.097% | $105K | $116K | 5x | as long as short |
| BloFin PONS-USDT | +0.0568% | 4h | 0.6081 | +0.057% | $1.7M | $1.0M | 20x | as long as short |
| Pacifica PONS | +0.0665% | 1h | 0.6074 | −0.051% | $48K | $87K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0799% | 1h | 0.6074 | −0.053% | $42K | $1.6M | 3x | as long as short |
| Bybit PONSUSDT | +0.0803% | 4h | 0.6076 | −0.025% | $18.2M | $31.2M | 20x | as long as short |
| Hyperliquid PONS | +0.0943% | 1h | 0.6079 | +0.029% | $61.8M | $29.8M | 3x | as long as short |
| Phoenix PONS | +0.1608% | 1h | 0.6060 | −0.295% | $31K | $113K | 3x | as long as short |
BingX PONS-USDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Gate PONS_USDT
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
edgeX PONSUSDC
Lighter PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Bybit PONSUSDT
Hyperliquid PONS
Phoenix PONS