Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.041%
Price spread now: Binance against Aster+0.082%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days+0.331%+$33 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.082%, 7d avg +0.074%
=Together, before fees+0.312%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PONSUSDT | 0.5988 | 0.0396 | pay 0.0198% / 4h | 1h 20m | $1.1M | $2.1M | 20x |
| Short | Binance PONSUSDT | 0.5993 | 0.0484 | get 0.0242% / 4h | 1h 20m | $39.2M | $94.0M | 20x |
Aster PONSUSDT
Binance PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $18.46
- Price spread: +0.082% → +0.074%
- $0.8
- Slippage, 4 orders
- −$28.54
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.28
- Costs to cover
- 0.465%
- Break-even
- 17.3 days
Slippage from Aster: live order book, 3 min ago; Binance: live order book, 7 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 Aster live order book, 3 min ago | 3.53 bp | 11.1 bp −$11 | 30.8 bp −$308 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.69 bp | 10.5 bp −$10 | 37.1 bp −$371 | 186.0 bp −$18.6K | 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 −0.0033% | 1h | 0.5971 | −0.277% | $236K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.311% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5988 | −0.002% | $21K | $433K | 20x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5975 | −0.219% | $5.2M | $6.3M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5952 | −0.603% | $33K | $352K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5991 | +0.057% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5974 | −0.242% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5987 | −0.027% | $26K | $521K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5992 | +0.070% | $64K | $508K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5981 | −0.119% | $1.6M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PONS | +0.0189% | 4h | 0.5977 | −0.187% | $1.4M | $3.9M | — | as long as short |
| Lighter RH PONS | +0.0192% | 1h | 0.5985 | −0.052% | $409K | $2.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0200% | 1h | 0.5984 | −0.071% | $373 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0220% | 1h | 0.5986 | −0.036% | $70K | $129K | 5x | as long as short |
| Lighter PONS | +0.0240% | 1h | 0.5985 | −0.052% | $1.7M | $875K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0297% | 4h | 0.5991 | +0.048% | $13.7M | $54.4M | 20x | as long as short |
| Aster PONSUSDTlong | +0.0396% | 4h | 0.5988 | long leg | $1.1M | $2.1M | 20x | |
| Bitget PONSUSDT | +0.0406% | 4h | 0.5993 | +0.075% | $4.6M | $11.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0426% | 4h | 0.5993 | +0.083% | $1.7M | $3.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0465% | 4h | 0.5921 | −1.118% | $18K | $292K | 10x | as long as short |
| MEXC PONS_USDT | +0.0484% | 4h | 0.5991 | +0.048% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDTshort | +0.0484% | 4h | 0.5993 | +0.082% | $39.2M | $94.0M | 20x | |
| Extended PONS-USD | +0.0488% | 1h | 0.5989 | +0.023% | $247K | $670K | 5x | as long as short |
| BingX PONS-USDT | +0.0502% | 4h | 0.5992 | +0.065% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0525% | 4h | 0.5989 | +0.015% | $17.9M | $30.5M | 20x | as long as short |
| Hyperliquid PONS | +0.0712% | 1h | 0.5993 | +0.087% | $61.1M | $27.6M | 3x | as long as short |
| BloFin PONS-USDT | +0.0724% | 4h | 0.5990 | +0.032% | $1.7M | $959K | 20x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.5978 | −0.160% | $47K | $72K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0815% | 1h | 0.5988 | −0.010% | $51K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.5961 | −0.448% | $31K | $98K | 3x | as long as short |
Variational Omni PONS
Lighter RH PONS
Aevo PONS-PERP
Nado PONS-PERP
Lighter PONS
OKX PONS-USDT-SWAP
Bitget PONSUSDT
KuCoin PONSUSDTM
edgeX PONSUSDC
MEXC PONS_USDT
Extended PONS-USD
BingX PONS-USDT
Bybit PONSUSDT
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS