Funding you earn now, next payment 00:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.067%
Price spread now: Extended against Aevo−0.014%7-day average — · you buy dearer than you sell
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PONS-PERP | 0.6127 | 0.0160 | pay 0.0020% / 1h | 30m 16s | $382 | — | 3x |
| Short | Extended PONS-USD | 0.6126 | 0.0304 | get 0.0038% / 1h | 30m 16s | $253K | $682K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $30.24
- Price spread: −0.014% → 0.000%
- −$1.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $7.82
- Costs to cover
- 0.210%
- Break-even
- 5.2 days
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 48 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 Extended live order book, 48 min ago | 11.94 bp | 26.3 bp −$26 | 183.1 bp −$1,831 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −0.0047% | 1h | 0.5969 | −2.572% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0033% | 1h | 0.6118 | −0.149% | $242K | — | 150x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6127 | −0.001% | $424K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6125 | −0.034% | $20K | $438K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6125 | −0.033% | $88K | $107K | 5x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6120 | −0.115% | $18.5M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6121 | −0.099% | $14.0M | $58.1M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6124 | −0.045% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6127 | −0.001% | $34K | $359K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6130 | +0.054% | $2K | $3K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.6128 | +0.010% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6128 | +0.010% | $28K | $546K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6136 | +0.138% | $65K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6129 | +0.031% | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0118% | 4h | 0.6126 | −0.022% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0144% | 4h | 0.6129 | +0.035% | $4.8M | $11.7M | 20x | as long as short |
| Aevo PONS-PERPlong | +0.0160% | 1h | 0.6127 | long leg | $382 | — | 3x | |
| Aster PONSUSDT | +0.0166% | 4h | 0.6123 | −0.070% | $1.1M | $2.2M | 20x | as long as short |
| Lighter PONS | +0.0240% | 1h | 0.6128 | +0.014% | $1.7M | $922K | 3x | as long as short |
| Binance PONSUSDT | +0.0303% | 4h | 0.6125 | −0.034% | $40.1M | $98.7M | 20x | as long as short |
| Extended PONS-USDshort | +0.0304% | 1h | 0.6126 | −0.014% | $253K | $682K | 5x | |
| MEXC PONS_USDT | +0.0304% | 4h | 0.6126 | −0.017% | $8.1M | $4.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0308% | 4h | 0.6126 | −0.017% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0313% | 4h | 0.6129 | +0.026% | $21K | $294K | 10x | as long as short |
| BloFin PONS-USDT | +0.0545% | 4h | 0.6130 | +0.048% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0665% | 1h | 0.6126 | −0.021% | $42K | $1.7M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6124 | −0.052% | $48K | $96K | 3x | as long as short |
| Hyperliquid PONS | +0.0905% | 1h | 0.6129 | +0.023% | $62.3M | $30.4M | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6126 | −0.019% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.2294% | 4h | 0.6120 | −0.115% | $5.4M | $6.3M | 20x | as long as short |
Extended PONS-USD
Injective PONS/USDC PERP
gTrade (Gains Network) PONS/USD
Lighter RH PONS
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
Lighter PONS
Binance PONSUSDT
MEXC PONS_USDT
BingX PONS-USDT
edgeX PONSUSDC
BloFin PONS-USDT
Polymarket Perps PONS-USD
Pacifica PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT