PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0969%/8h= +106.1% APRnext payment +$1.21 per $10,000 · paid last 24h −0.022%

Price spread now: Injective against ApeX Omni−2.778%7-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 Injective

What this pair did over the last

the charts below follow

Funding, last 4 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. Injective is 2.778% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −2.778% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$278 on $10k: about 9.6 days of funding at the current rate (+$29 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PONSUSDT	0.6108	0.0100	pay 0.0013% / 1h	45m 13s	$30K	$304K	5x
Short	Injective PONS/USDC PERP	0.5938	0.1069	get 0.0134% / 1h	45m 13s	$610	$10K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −2.778%Rate

Funding earned: $203.56
Price spread: −2.778% → 0.000%: −$277.82
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$84.28
Costs to cover: 0.100%
Break-even: 9.9 days

Slippage unknown: ApeX Omni: live order book, 57 min ago; Injective: 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, 57 min ago	31.07 bp	39.4 bp −$39	122.5 bp −$1,225	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	0.6178	+1.147%	$245K	—	150x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6194	+1.405%	$18K	$435K	20x	as long as short
ApeX Omni PONSUSDTlong	+0.0100%	1h	0.6108	long leg	$30K	$304K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6199	+1.480%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6186	+1.267%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6192	+1.377%	$27K	$607K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6186	+1.266%	$66K	$535K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6178	+1.143%	$1.7M	$3.2M	20x	as long as short
Nado PONS-PERP	+0.0131%	1h	0.6187	+1.290%	$72K	$130K	5x	as long as short
Aevo PONS-PERP	+0.0216%	1h	0.6193	+1.388%	$386	—	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0413%	4h	0.6199	+1.487%	$14.1M	$59.1M	20x	as long as short
Aster PONSUSDT	+0.0507%	4h	0.6193	+1.385%	$1.1M	$2.3M	20x	as long as short
Variational Omni PONS	+0.0525%	4h	0.6174	+1.074%	$1.5M	$4.1M	—	as long as short
edgeX PONSUSDC	+0.0528%	4h	0.6159	+0.827%	$21K	$291K	10x	as long as short
Extended PONS-USD	+0.0552%	1h	0.6190	+1.344%	$105K	$816K	5x	as long as short
MEXC PONS_USDT	+0.0552%	4h	0.6197	+1.454%	$8.1M	$4.6M	20x	as long as short
Binance PONSUSDT	+0.0552%	4h	0.6197	+1.461%	$40.1M	$101.2M	20x	as long as short
KuCoin PONSUSDTM	+0.0564%	4h	0.6197	+1.452%	$1.6M	$3.9M	20x	as long as short
Pacifica PONS	+0.0572%	1h	0.6188	+1.308%	$47K	$68K	3x	as long as short
BingX PONS-USDT	+0.0650%	4h	0.6201	+1.519%	—	$3.1M	—	as long as short
Bybit PONSUSDT	+0.0684%	4h	0.6195	+1.421%	$18.7M	$31.9M	20x	as long as short
Bitget PONSUSDT	+0.0698%	4h	0.6198	+1.472%	$4.9M	$12.6M	20x	as long as short
Gate PONS_USDT	+0.0732%	4h	0.6188	+1.306%	$5.4M	$6.3M	20x	as long as short
BloFin PONS-USDT	+0.0792%	4h	0.6189	+1.323%	$1.7M	$980K	20x	as long as short
Lighter RH PONS	+0.0832%	1h	0.6194	+1.398%	$440K	$2.6M	3x	as long as short
Hyperliquid PONS	+0.0922%	1h	0.6190	+1.342%	$63.1M	$30.0M	3x	as long as short
Injective PONS/USDC PERPshort	+0.1069%	1h	0.5938	−2.778%	$610	$10K	5.5x
Lighter PONS	+0.1136%	1h	0.6195	+1.421%	$1.7M	$836K	3x	as long as short
Phoenix PONS	+0.1405%	1h	0.6180	+1.182%	$47K	$127K	3x	as long as short
Polymarket Perps PONS-USD	+0.1426%	1h	0.6191	+1.362%	$72K	$2.1M	3x	as long as short