Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.119%
Price spread now: Bitget against ApeX Omni+0.247%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
Funding, last 7 days+0.391%+$39 on $10k
+Price spread, last 3 days (all we have)−0.377%−$38 · spread now +0.247%, 7d avg −0.080%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.327% dearer against ApeX Omni than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PONSUSDT | 0.5916 | 0.0100 | pay 0.0013% / 1h | 54m 53s | $34K | $342K | 5x |
| Short | Bitget PONSUSDT | 0.5931 | 0.0100 | get 0.0050% / 4h | 1h 54m | $4.7M | $11.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.247% → −0.080%
- $32.73
- Slippage, 4 orders
- −$88.61
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$77.88
- Costs to cover
- 1.106%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Bitget: live order book, 4 min ago.
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, 27 min ago | 32.60 bp | 40.5 bp −$40 | 115.9 bp −$1,159 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.00 bp | 16.0 bp −$16 | 43.9 bp −$439 | doesn't fit | doesn't fit |
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 | 0.5923 | +0.115% | $217K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5920 | +0.056% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5928 | +0.198% | $21K | $441K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5926 | +0.164% | $17.7M | $31.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5927 | +0.181% | $13.4M | $56.4M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5928 | +0.199% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDTshort | +0.0100% | 4h | 0.5931 | +0.247% | $4.7M | $11.7M | 20x | |
| Variational Omni PONS | +0.0100% | 4h | 0.5914 | −0.030% | $1.3M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDTlong | +0.0100% | 1h | 0.5916 | long leg | $34K | $342K | 5x | |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5933 | +0.286% | $2K | $3K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5933 | +0.274% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5927 | +0.186% | $27K | $547K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5936 | +0.340% | $64K | $505K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5923 | +0.113% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0120% | 1h | 0.5927 | +0.181% | $369 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0150% | 4h | 0.5927 | +0.188% | $1.1M | $2.2M | 20x | as long as short |
| MEXC PONS_USDT | +0.0166% | 4h | 0.5927 | +0.181% | $7.5M | $4.9M | 20x | as long as short |
| Extended PONS-USD | +0.0168% | 1h | 0.5928 | +0.198% | $106K | $532K | 5x | as long as short |
| Binance PONSUSDT | +0.0171% | 4h | 0.5929 | +0.215% | $38.5M | $98.1M | 20x | as long as short |
| BingX PONS-USDT | +0.0172% | 4h | 0.5926 | +0.164% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0185% | 4h | 0.5901 | −0.265% | $21K | $292K | 10x | as long as short |
| Nado PONS-PERP | +0.0195% | 1h | 0.5932 | +0.266% | $90K | $103K | 5x | as long as short |
| BloFin PONS-USDT | +0.0411% | 4h | 0.5929 | +0.215% | $1.7M | $976K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5925 | +0.151% | $47K | $103K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0540% | 1h | 0.5932 | +0.259% | $37K | $1.8M | 3x | as long as short |
| Lighter RH PONS | +0.0560% | 1h | 0.5928 | +0.198% | $422K | $2.6M | 3x | as long as short |
| Hyperliquid PONS | +0.0604% | 1h | 0.5930 | +0.240% | $59.6M | $30.1M | 3x | as long as short |
| Gate PONS_USDT | +0.0928% | 4h | 0.5921 | +0.079% | $5.2M | $6.4M | 20x | as long as short |
| Lighter PONS | +0.1016% | 1h | 0.5929 | +0.221% | $1.7M | $979K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5917 | +0.015% | $30K | $96K | 3x | as long as short |
ApeX Omni PONSUSDT
Bitget PONSUSDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Variational Omni PONS
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aster PONSUSDT
MEXC PONS_USDT
Extended PONS-USD
Binance PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Lighter RH PONS
Hyperliquid PONS
Gate PONS_USDT
Lighter PONS
Phoenix PONS