Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h +0.069%
Price spread now: KuCoin against Aevo−0.123%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.123% cheaper against Aevo than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PONS-PERP | 0.6081 | 0.0152 | pay 0.0019% / 1h | 1m 14s | $379 | — | 3x |
| Short | KuCoin PONSUSDTM | 0.6073 | 0.0138 | get 0.0069% / 4h | 1m 14s | $1.7M | $3.8M | 20x |
Aevo PONS-PERP
KuCoin PONSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$2.94
- Price spread: −0.123% → 0.000%
- −$12.33
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$43.27
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago | 2.71 bp | 25.6 bp −$26 | doesn't fit | 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 | −1.834% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0033% | 1h | 0.6069 | −0.198% | $240K | — | 150x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6086 | +0.084% | $425K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6077 | −0.066% | $20K | $418K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6076 | −0.082% | $18.2M | $31.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6074 | −0.115% | $13.8M | $57.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6074 | −0.112% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6100 | +0.316% | $33K | $357K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6084 | +0.056% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6082 | +0.015% | — | $1.4M | 10x | as long as short |
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
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX PONS-USD | +0.0100% | 1h | 0.6077 | −0.061% | $28K | $550K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6086 | +0.087% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6084 | +0.049% | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTMshort | +0.0138% | 4h | 0.6073 | −0.123% | $1.7M | $3.8M | 20x | |
| Aevo PONS-PERPlong | +0.0152% | 1h | 0.6081 | long leg | $379 | — | 3x | |
| Aster PONSUSDT | +0.0154% | 4h | 0.6074 | −0.109% | $1.1M | $2.2M | 20x | as long as short |
| Bitget PONSUSDT | +0.0176% | 4h | 0.6081 | 0.000% | $4.7M | $11.7M | 20x | as long as short |
| Nado PONS-PERP | +0.0221% | 1h | 0.6075 | −0.103% | $105K | $116K | 5x | as long as short |
| MEXC PONS_USDT | +0.0298% | 4h | 0.6076 | −0.082% | $7.9M | $4.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0298% | 4h | 0.6078 | −0.049% | — | $3.1M | — | as long as short |
| Binance PONSUSDT | +0.0302% | 4h | 0.6079 | −0.033% | $39.8M | $98.1M | 20x | as long as short |
| Extended PONS-USD | +0.0304% | 1h | 0.6078 | −0.052% | $252K | $681K | 5x | as long as short |
| edgeX PONSUSDC | +0.0312% | 4h | 0.6092 | +0.182% | $21K | $294K | 10x | as long as short |
| Lighter PONS | +0.0352% | 1h | 0.6081 | −0.003% | $1.7M | $935K | 3x | as long as short |
| BloFin PONS-USDT | +0.0542% | 4h | 0.6077 | −0.066% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0656% | 1h | 0.6077 | −0.066% | $41K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0831% | 1h | 0.6078 | −0.049% | $61.9M | $29.9M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6074 | −0.120% | $48K | $96K | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6085 | +0.066% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.2102% | 4h | 0.6077 | −0.066% | $5.3M | $6.4M | 20x | as long as short |
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aster PONSUSDT
Bitget PONSUSDT
Nado PONS-PERP
MEXC PONS_USDT
BingX PONS-USDT
Binance PONSUSDT
Extended PONS-USD
edgeX PONSUSDC
Lighter PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Hyperliquid PONS
Pacifica PONS
Phoenix PONS
Gate PONS_USDT