PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.024%

Price spread now: Aevo against ApeX Omni−0.390%70s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Aevo

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. Aevo is 0.390% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.390% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 10 days of funding at the current rate (+$4 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PONSUSDT	0.6004	0.0100	pay 0.0013% / 1h	28m 20s	$34K	$349K	5x
Short	Aevo PONS-PERP	0.5980	0.0224	get 0.0028% / 1h	28m 20s	$373	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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 ApeX OmnibpFee AevobpOrdersPrice spread, now −0.390%Rate

Funding earned: $26.04
Price spread: −0.390% → 0.000%: −$39.02
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$38.98
Costs to cover: 0.260%
Break-even: 17.5 days

Slippage unknown: ApeX Omni: live order book, 29 min ago; Aevo: no order-book sample. 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 ApeX Omni live order book, 29 min ago	32.12 bp	39.5 bp −$39	116.9 bp −$1,169	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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 −0.0032%	1h	0.5982	−0.360%	$238K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.573%	$614	$10K	5.5x	as long as short
Lighter PONS	+0.0096%	1h	0.5964	−0.665%	$1.6M	$884K	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5966	−0.631%	$20K	$435K	20x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.5981	−0.381%	$5.3M	$6.3M	20x	as long as short
ApeX Omni PONSUSDTlong	+0.0100%	1h	0.6004	long leg	$34K	$349K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5991	−0.208%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5968	−0.590%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5989	−0.240%	$26K	$534K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5992	−0.202%	$65K	$512K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.5967	−0.615%	$1.6M	$3.2M	20x	as long as short
Variational Omni PONS	+0.0215%	4h	0.5965	−0.640%	$1.4M	$3.9M	—	as long as short
Aevo PONS-PERPshort	+0.0224%	1h	0.5980	−0.390%	$373	—	3x
Nado PONS-PERP	+0.0249%	1h	0.5965	−0.644%	$70K	$129K	5x	as long as short
OKX PONS-USDT-SWAP	+0.0312%	4h	0.5988	−0.265%	$13.6M	$54.8M	20x	as long as short
Lighter RH PONS	+0.0320%	1h	0.5968	−0.598%	$400K	$2.5M	3x	as long as short
Aster PONSUSDT	+0.0425%	4h	0.5967	−0.614%	$1.1M	$2.1M	20x	as long as short
Bybit PONSUSDT	+0.0459%	4h	0.5986	−0.298%	$17.8M	$30.8M	20x	as long as short
Bitget PONSUSDT	+0.0460%	4h	0.5989	−0.240%	$4.6M	$11.5M	20x	as long as short
BingX PONS-USDT	+0.0536%	4h	0.5991	−0.215%	—	$3.0M	—	as long as short
edgeX PONSUSDC	+0.0568%	4h	0.5980	−0.397%	$18K	$294K	10x	as long as short
Extended PONS-USD	+0.0568%	1h	0.5964	−0.669%	$107K	$809K	5x	as long as short
MEXC PONS_USDT	+0.0570%	4h	0.5984	−0.331%	$7.6M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0571%	4h	0.5983	−0.352%	$39.1M	$94.9M	20x	as long as short
KuCoin PONSUSDTM	+0.0646%	4h	0.5982	−0.363%	$1.6M	$3.7M	20x	as long as short
Hyperliquid PONS	+0.0717%	1h	0.5985	−0.313%	$61.2M	$28.0M	3x	as long as short
BloFin PONS-USDT	+0.0810%	4h	0.5974	−0.498%	$1.7M	$953K	20x	as long as short
Pacifica PONS	+0.0859%	1h	0.5965	−0.654%	$47K	$67K	3x	as long as short
Polymarket Perps PONS-USD	+0.0900%	1h	0.5968	−0.603%	$66K	$1.6M	3x	as long as short
Phoenix PONS	+0.1736%	1h	0.5981	−0.388%	$31K	$104K	3x	as long as short