PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0221%/8h= +24.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.121%

Price spread now: Polymarket Perps against Aevo−0.044%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Polymarket Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Polymarket Perps is 0.044% cheaper against Aevo than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PONS-PERP	0.5885	0.0120	pay 0.0015% / 1h	48m 33s	$367	—	3x
Short	Polymarket Perps PONS-USD	0.5882	0.0341	get 0.0043% / 1h	48m 33s	$38K	$1.8M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.044%Rate

Funding earned: $46.32
Price spread: −0.044% → 0.000%: −$4.42
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $17.9
Costs to cover: 0.240%
Break-even: 4.3 days

Slippage unknown: Aevo: no order-book sample; Polymarket Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 5 min ago	2.79 bp	6.8 bp −$7	7.0 bp −$70	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
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0034%	1h	0.5880	−0.093%	$216K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0066%	1h	0.5920	+0.588%	$609	$6K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5887	+0.042%	$396K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5882	−0.051%	$21K	$456K	20x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.5877	−0.136%	$17.8M	$31.6M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.5879	−0.102%	$13.5M	$55.6M	20x	as long as short
KuCoin PONSUSDTM	+0.0100%	4h	0.5878	−0.124%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0100%	4h	0.5887	+0.027%	$4.6M	$11.6M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.5902	+0.281%	$1.4M	$4.3M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5913	+0.479%	$34K	$327K	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5892	+0.117%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5896	+0.180%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5881	−0.066%	$27K	$534K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5893	+0.141%	$64K	$504K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5883	−0.034%	$1.6M	$3.3M	20x	as long as short
Aevo PONS-PERPlong	+0.0120%	1h	0.5885	long leg	$367	—	3x
Binance PONSUSDT	+0.0156%	4h	0.5883	−0.040%	$38.3M	$98.1M	20x	as long as short
MEXC PONS_USDT	+0.0164%	4h	0.5885	0.000%	$7.6M	$5.1M	20x	as long as short
Extended PONS-USD	+0.0168%	1h	0.5883	−0.035%	$105K	$529K	5x	as long as short
BingX PONS-USDT	+0.0176%	4h	0.5886	+0.017%	—	$3.1M	—	as long as short
edgeX PONSUSDC	+0.0189%	4h	0.5914	+0.485%	$21K	$293K	10x	as long as short
Aster PONSUSDT	+0.0210%	4h	0.5882	−0.052%	$1.1M	$2.2M	20x	as long as short
Nado PONS-PERP	+0.0237%	1h	0.5883	−0.032%	$89K	$103K	5x	as long as short
Polymarket Perps PONS-USDshort	+0.0341%	1h	0.5882	−0.044%	$38K	$1.8M	3x
Gate PONS_USDT	+0.0402%	4h	0.5880	−0.085%	$5.1M	$6.7M	20x	as long as short
BloFin PONS-USDT	+0.0404%	4h	0.5886	+0.017%	$1.7M	$964K	20x	as long as short
Pacifica PONS	+0.0474%	1h	0.5884	−0.009%	$47K	$102K	3x	as long as short
Hyperliquid PONS	+0.0662%	1h	0.5885	0.000%	$58.8M	$29.8M	3x	as long as short
Lighter PONS	+0.0760%	1h	0.5891	+0.099%	$1.7M	$879K	3x	as long as short
Phoenix PONS	+0.1275%	1h	0.5909	+0.416%	$27K	$86K	3x	as long as short