PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.046%

Price spread now: Nado against Aevo+0.019%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds 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: +$2 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	0.6088	0.0152	pay 0.0019% / 1h	5m 03s	$379	—	3x
Short	Nado PONS-PERP	0.6089	0.0203	get 0.0025% / 1h	5m 03s	$105K	$116K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee AevobpFee NadobpOrdersPrice spread, now +0.019%Rate

Funding earned: $10.74
Price spread: +0.019% → 0.000%: $1.87
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Nado: 0 bp × 2 orders: $0
Net: −$3.39
Costs to cover: 0.160%
Break-even: 9.2 days

Slippage unknown: Aevo: no order-book sample; Nado: live order book, 63 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 Nado live order book, 63 min ago	17.17 bp	50.3 bp −$50	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	−1.944%	$614	$10K	5.5x	as long as short
gTrade (Gains Network) PONS/USD	L +0.0033% / S −0.0033%	1h	0.6081	−0.113%	$241K	—	150x	as long as short
Lighter RH PONS	+0.0096%	1h	0.6087	−0.014%	$426K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6088	+0.002%	$20K	$421K	20x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.6087	−0.014%	$18.3M	$31.3M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.6087	−0.014%	$13.9M	$57.7M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6076	−0.200%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6096	+0.130%	$32K	$357K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6090	+0.040%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6092	+0.071%	—	$1.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX PONS-USD	+0.0100%	1h	0.6091	+0.055%	$28K	$547K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6089	+0.015%	$65K	$510K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6095	+0.117%	$1.7M	$3.3M	20x	as long as short
KuCoin PONSUSDTM	+0.0122%	4h	0.6087	−0.014%	$1.7M	$3.8M	20x	as long as short
Aster PONSUSDT	+0.0144%	4h	0.6087	−0.013%	$1.1M	$2.2M	20x	as long as short
Aevo PONS-PERPlong	+0.0152%	1h	0.6088	long leg	$379	—	3x
Bitget PONSUSDT	+0.0162%	4h	0.6089	+0.024%	$4.7M	$11.7M	20x	as long as short
Nado PONS-PERPshort	+0.0203%	1h	0.6089	+0.019%	$105K	$116K	5x
Binance PONSUSDT	+0.0292%	4h	0.6092	+0.071%	$39.9M	$98.3M	20x	as long as short
Extended PONS-USD	+0.0296%	1h	0.6090	+0.035%	$252K	$682K	5x	as long as short
MEXC PONS_USDT	+0.0296%	4h	0.6090	+0.035%	$8.0M	$4.9M	20x	as long as short
BingX PONS-USDT	+0.0304%	4h	0.6088	+0.002%	—	$3.1M	—	as long as short
edgeX PONSUSDC	+0.0316%	4h	0.6086	−0.029%	$21K	$293K	10x	as long as short
Lighter PONS	+0.0336%	1h	0.6091	+0.047%	$1.7M	$935K	3x	as long as short
BloFin PONS-USDT	+0.0532%	4h	0.6091	+0.052%	$1.8M	$1.0M	20x	as long as short
Polymarket Perps PONS-USD	+0.0646%	1h	0.6089	+0.015%	$42K	$1.7M	3x	as long as short
Hyperliquid PONS	+0.0835%	1h	0.6089	+0.015%	$62.0M	$29.9M	3x	as long as short
Pacifica PONS	+0.0899%	1h	0.6084	−0.063%	$48K	$96K	3x	as long as short
Phoenix PONS	+0.1307%	1h	0.6085	−0.047%	$31K	$102K	3x	as long as short
Gate PONS_USDT	+0.2214%	4h	0.6087	−0.014%	$5.3M	$6.3M	20x	as long as short