Funding you earn now, next payment 23:00 UTC+0.0109%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.076%
Price spread now: Nado against ApeX Omni−0.035%61s7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1861.860% of the position
Funding, last 3 days (all we have)+0.154%+$15 on $10k
+Price spread, last 3 days (all we have)+0.127%+$13 · spread now −0.035%, 7d avg −0.111%
=Together, before fees+0.282%+ Points / potential airdropNado: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.076% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.111%. The two prices were read 61 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 | 0.5991 | 0.0100 | pay 0.0013% / 1h | 9m 55s | $35K | $352K | 5x |
| Short | Nado PONS-PERP | 0.5989 | 0.0209 | get 0.0026% / 1h | 9m 55s | $91K | $103K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $22.92
- Price spread: −0.035% → −0.111%
- $7.64
- Slippage, 4 orders
- −$176.04
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 0 bp × 2 orders
- $0
- Net
- −$155.48
- Costs to cover
- 1.860%
- Break-even
- 54.5 days
Slippage from ApeX Omni: live order book, 8 min ago; Nado: live order book, 64 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, 8 min ago | 28.62 bp | 36.3 bp −$36 | 127.6 bp −$1,276 | doesn't fit | doesn't fit |
| Sell Nado live order book, 64 min ago | 16.14 bp | 53.0 bp −$53 | doesn't fit | 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 +0.0033% / S −0.0036% | 1h | 0.5973 | −0.303% | $224K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.367% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5988 | −0.058% | $21K | $439K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5982 | −0.159% | $17.9M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5984 | −0.125% | $13.5M | $56.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5985 | −0.108% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5986 | −0.097% | $4.7M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5976 | −0.255% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDTlong | +0.0100% | 1h | 0.5991 | long leg | $35K | $352K | 5x | |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5990 | −0.032% | $3K | $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 | 0.5983 | −0.149% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5982 | −0.150% | $27K | $545K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6002 | +0.180% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5979 | −0.209% | $1.7M | $3.3M | 20x | as long as short |
| Aster PONSUSDT | +0.0124% | 4h | 0.5984 | −0.128% | $1.1M | $2.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5983 | −0.135% | $373 | — | 3x | as long as short |
| Extended PONS-USD | +0.0176% | 1h | 0.5986 | −0.100% | $248K | $667K | 5x | as long as short |
| Binance PONSUSDT | +0.0176% | 4h | 0.5986 | −0.084% | $38.9M | $97.8M | 20x | as long as short |
| MEXC PONS_USDT | +0.0180% | 4h | 0.5986 | −0.092% | $7.8M | $4.9M | 20x | as long as short |
| edgeX PONSUSDC | +0.0180% | 4h | 0.5985 | −0.110% | $21K | $292K | 10x | as long as short |
| BingX PONS-USDT | +0.0182% | 4h | 0.5985 | −0.108% | — | $3.1M | — | as long as short |
| Nado PONS-PERPshort | +0.0209% | 1h | 0.5989 | −0.035% | $91K | $103K | 5x | |
| Lighter RH PONS | +0.0256% | 1h | 0.5983 | −0.140% | $422K | $2.7M | 3x | as long as short |
| BloFin PONS-USDT | +0.0421% | 4h | 0.5979 | −0.209% | $1.7M | $978K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5988 | −0.060% | $47K | $96K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0481% | 1h | 0.5986 | −0.092% | $37K | $1.7M | 3x | as long as short |
| Lighter PONS | +0.0608% | 1h | 0.5983 | −0.137% | $1.7M | $1.0M | 3x | as long as short |
| Hyperliquid PONS | +0.0680% | 1h | 0.5989 | −0.043% | $60.6M | $30.2M | 3x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5981 | −0.175% | $30K | $96K | 3x | as long as short |
| Gate PONS_USDT | +0.1496% | 4h | 0.5984 | −0.125% | $5.2M | $6.5M | 20x | as long as short |
ApeX Omni PONSUSDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aster PONSUSDT
Extended PONS-USD
Binance PONSUSDT
MEXC PONS_USDT
edgeX PONSUSDC
BingX PONS-USDT
Lighter RH PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Lighter PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT