Funding you earn now, next payment 01:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.060%
Price spread now: MEXC against Aevo+0.056%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 +$6 a day on $10k at the current rate, and MEXC is 0.056% dearer against Aevo than usual: you sell high and buy low: +$6 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 | 0.6130 | 0.0176 | pay 0.0022% / 1h | 13m 33s | $382 | — | 3x |
| Short | MEXC PONS_USDT | 0.6133 | 0.0376 | get 0.0188% / 4h | 3h 13m | $8.0M | $4.9M | 20x |
Aevo PONS-PERP
MEXC PONS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $42
- Price spread: +0.056% → 0.000%
- $5.6
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $31.6
- Costs to cover
- 0.160%
- Break-even
- 1.7 days
Slippage unknown: Aevo: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 0.82 bp | 5.2 bp −$5 | 15.1 bp −$151 | 377.1 bp −$37.7K | 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 | 0.6122 | −0.129% | $242K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −2.611% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6136 | +0.105% | $21K | $415K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6089 | −0.669% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6098 | −0.509% | $33K | $356K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6137 | +0.124% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6119 | −0.179% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6133 | +0.051% | $28K | $542K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6128 | −0.026% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6126 | −0.058% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0160% | 1h | 0.6129 | −0.004% | $434K | $2.6M | 3x | as long as short |
| Aevo PONS-PERPlong | +0.0176% | 1h | 0.6130 | long leg | $382 | — | 3x | |
| OKX PONS-USDT-SWAP | +0.0194% | 4h | 0.6134 | +0.072% | $14.0M | $56.7M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0208% | 4h | 0.6132 | +0.040% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0272% | 4h | 0.6137 | +0.118% | $4.8M | $11.4M | 20x | as long as short |
| Aster PONSUSDT | +0.0307% | 4h | 0.6132 | +0.048% | $1.1M | $2.1M | 20x | as long as short |
| Extended PONS-USD | +0.0376% | 1h | 0.6134 | +0.067% | $253K | $678K | 5x | as long as short |
| MEXC PONS_USDTshort | +0.0376% | 4h | 0.6133 | +0.056% | $8.0M | $4.9M | 20x | |
| Binance PONSUSDT | +0.0377% | 4h | 0.6135 | +0.089% | $40.3M | $96.2M | 20x | as long as short |
| edgeX PONSUSDC | +0.0381% | 4h | 0.6107 | −0.376% | $21K | $294K | 10x | as long as short |
| Lighter PONS | +0.0472% | 1h | 0.6130 | +0.002% | $1.7M | $937K | 3x | as long as short |
| BingX PONS-USDT | +0.0560% | 4h | 0.6135 | +0.089% | — | $3.1M | — | as long as short |
| Bybit PONSUSDT | +0.0599% | 4h | 0.6134 | +0.072% | $18.4M | $30.9M | 20x | as long as short |
| Nado PONS-PERP | +0.0604% | 1h | 0.6130 | +0.014% | $106K | $115K | 5x | as long as short |
| BloFin PONS-USDT | +0.0614% | 4h | 0.6108 | −0.352% | $1.8M | $993K | 20x | as long as short |
| Pacifica PONS | +0.0665% | 1h | 0.6131 | +0.026% | $48K | $78K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0786% | 1h | 0.6134 | +0.077% | $45K | $1.6M | 3x | as long as short |
| Hyperliquid PONS | +0.0874% | 1h | 0.6130 | +0.003% | $62.3M | $29.1M | 3x | as long as short |
| Gate PONS_USDT | +0.0974% | 4h | 0.6120 | −0.156% | $5.3M | $6.2M | 20x | as long as short |
| Phoenix PONS | +0.1608% | 1h | 0.6094 | −0.585% | $32K | $113K | 3x | as long as short |
Lighter RH PONS
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
Extended PONS-USD
Binance PONSUSDT
edgeX PONSUSDC
Lighter PONS
BingX PONS-USDT
Bybit PONSUSDT
Nado PONS-PERP
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Gate PONS_USDT
Phoenix PONS