Settings8H · net · $10k
Funding arb · Price arb /

PONS

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Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before feesneeds 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PONS-PERP0.60780.0160pay 0.0020% / 1h42m 38s$3793x
ShortBingX PONS-USDT0.60790.0562get 0.0281% / 4h3h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell BingX live order book, 2 min ago0.82 bp12.7 bp −$1336.7 bp −$367163.3 bp −$16.3Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0033%1h0.6066−0.192%$240K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−1.778%$614$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.6077−0.005%$431K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.6074−0.058%$20K$415K20xas long as short
Gate PONS_USDT+0.0100%4h0.6071−0.107%$5.3M$6.1M20xas long as short
Variational Omni PONS+0.0100%4h0.6070−0.131%$1.4M$4.2Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6068−0.152%$33K$357K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6082+0.080%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6077−0.017%$1.4M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6082+0.082%$28K$553K3xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PONS-USDT+0.0100%4h0.6094+0.269%$65K$510K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6086+0.139%$1.7M$3.3M20xas long as short
OKX PONS-USDT-SWAP+0.0103%4h0.6075−0.042%$13.8M$57.4M20xas long as short
Aevo PONS-PERPlong+0.0160%1h0.6078long leg$3793x
KuCoin PONSUSDTM+0.0168%4h0.6074−0.053%$1.8M$3.8M20xas long as short
Bitget PONSUSDT+0.0204%4h0.6079+0.026%$4.7M$11.6M20xas long as short
Aster PONSUSDT+0.0208%4h0.6072−0.086%$1.1M$2.2M20xas long as short
MEXC PONS_USDT+0.0326%4h0.6078+0.008%$7.9M$4.8M20xas long as short
Binance PONSUSDT+0.0326%4h0.6076−0.025%$39.8M$97.6M20xas long as short
Extended PONS-USD+0.0328%1h0.6079+0.020%$250K$683K5xas long as short
edgeX PONSUSDC+0.0333%4h0.6067−0.168%$21K$294K10xas long as short
Lighter PONS+0.0472%1h0.6079+0.023%$1.7M$896K3xas long as short
BingX PONS-USDTshort+0.0562%4h0.6079+0.024%$3.1M
Nado PONS-PERP+0.0563%1h0.6072−0.097%$105K$116K5xas long as short
BloFin PONS-USDT+0.0568%4h0.6081+0.057%$1.7M$1.0M20xas long as short
Pacifica PONS+0.0665%1h0.6074−0.051%$48K$87K3xas long as short
Polymarket Perps PONS-USD+0.0799%1h0.6074−0.053%$42K$1.6M3xas long as short
Bybit PONSUSDT+0.0803%4h0.6076−0.025%$18.2M$31.2M20xas long as short
Hyperliquid PONS+0.0943%1h0.6079+0.029%$61.8M$29.8M3xas long as short
Phoenix PONS+0.1608%1h0.6060−0.295%$31K$113K3xas long as short