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

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0385%/8h= +42.1% APRpaid last 24h +0.146%
Price spread now: BloFin against Aevo−0.016%7-day average · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PONS-PERP0.60970.0152pay 0.0019% / 1h2m 42s$3803x
ShortBloFin PONS-USDT0.60960.0537get 0.0268% / 4h2m 42s$1.8M$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$80.81
Price spread: −0.016% → 0.000%
−$1.57
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
$51.23
Costs to cover
0.280%
Break-even
2.6 days
Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 5 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 BloFin live order book, 5 min ago4.11 bp14.8 bp −$1530.9 bp −$30995.7 bp −$9,572doesn'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
Injective PONS/USDC PERP−0.0047%1h0.5969−2.091%$614$10K5.5xas long as short
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0033%1h0.6085−0.197%$241K150xas long as short
Lighter RH PONS+0.0096%1h0.6091−0.099%$426K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.6096−0.016%$20K$418K20xas long as short
Bybit PONSUSDT+0.0100%4h0.6088−0.147%$18.3M$31.3M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.6086−0.180%$13.9M$57.6M20xas long as short
Variational Omni PONS+0.0100%4h0.6076−0.349%$1.4M$4.2Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6100+0.047%$33K$357K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6098+0.022%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6087−0.160%$1.4M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX PONS-USD+0.0100%1h0.6094−0.052%$28K$547K3xas long as short
HTX PONS-USDT+0.0100%4h0.6105+0.127%$65K$510K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6096−0.016%$1.7M$3.3M20xas long as short
KuCoin PONSUSDTM+0.0130%4h0.6088−0.144%$1.8M$3.8M20xas long as short
Aevo PONS-PERPlong+0.0152%1h0.6097long leg$3803x
Aster PONSUSDT+0.0153%4h0.6091−0.091%$1.1M$2.2M20xas long as short
Bitget PONSUSDT+0.0168%4h0.6091−0.094%$4.7M$11.7M20xas long as short
Nado PONS-PERP+0.0211%1h0.6089−0.135%$105K$116K5xas long as short
Extended PONS-USD+0.0296%1h0.6092−0.084%$252K$681K5xas long as short
MEXC PONS_USDT+0.0296%4h0.6091−0.098%$8.0M$4.9M20xas long as short
Binance PONSUSDT+0.0298%4h0.6089−0.132%$39.9M$98.2M20xas long as short
BingX PONS-USDT+0.0304%4h0.6090−0.114%$3.1Mas long as short
edgeX PONSUSDC+0.0316%4h0.6086−0.178%$21K$293K10xas long as short
Lighter PONS+0.0336%1h0.6091−0.099%$1.7M$935K3xas long as short
BloFin PONS-USDTshort+0.0537%4h0.6096−0.016%$1.8M$1.0M20x
Polymarket Perps PONS-USD+0.0652%1h0.6096−0.011%$42K$1.7M3xas long as short
Hyperliquid PONS+0.0834%1h0.6093−0.063%$62.0M$29.9M3xas long as short
Pacifica PONS+0.0899%1h0.6090−0.117%$48K$96K3xas long as short
Phoenix PONS+0.1307%1h0.6085−0.196%$31K$102K3xas long as short
Gate PONS_USDT+0.2160%4h0.6086−0.180%$5.3M$6.4M20xas long as short