Funding you earn now, next payment 00:00 UTC−0.0072%/8h= −7.8% APRpaid last 24h +0.015%
Price spread now: Nado against Aster+0.057%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1291.286% of the position
Funding, last 3 days (all we have)+0.041%+$4 on $10k
+Price spread, last 3 days (all we have)+0.152%+$15 · spread now +0.057%, 7d avg +0.050%
=Together, before fees+0.193%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$2 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 | 0.6125 | 0.0172 | pay 0.0086% / 4h | 32m 33s | $1.1M | $2.2M | 20x |
| Short | Nado PONS-PERP | 0.6129 | 0.0100 | get 0.0012% / 1h | 32m 33s | $88K | $107K | 5x |
Aster PONSUSDT
Nado PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$15.04
- Price spread: +0.057% → +0.050%
- $0.73
- Slippage, 4 orders
- −$120.56
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 0 bp × 2 orders
- $0
- Net
- −$142.86
- Costs to cover
- 1.286%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Nado: live order book, 36 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, 1 min ago | 4.65 bp | 11.9 bp −$12 | 23.5 bp −$235 | doesn't fit | doesn't fit |
| Sell Nado live order book, 36 min ago | 17.17 bp | 50.3 bp −$50 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −0.0047% | 1h | 0.5969 | −2.539% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0034% | 1h | 0.6119 | −0.098% | $236K | — | 150x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6126 | +0.016% | $427K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6129 | +0.065% | $20K | $439K | 20x | as long as short |
| Nado PONS-PERPshort | +0.0100% | 1h | 0.6129 | +0.057% | $88K | $107K | 5x | |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6122 | −0.050% | $18.5M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6127 | +0.032% | $14.0M | $58.2M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6125 | −0.004% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6150 | +0.406% | $33K | $359K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6131 | +0.105% | $2K | $3K | 10x | as long as short |
Injective PONS/USDC PERP
gTrade (Gains Network) PONS/USD
Lighter RH PONS
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.6129 | +0.071% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6130 | +0.079% | $28K | $546K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6147 | +0.350% | $65K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6130 | +0.081% | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0116% | 4h | 0.6124 | −0.011% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0140% | 4h | 0.6128 | +0.045% | $4.8M | $11.7M | 20x | as long as short |
| Aevo PONS-PERP | +0.0160% | 1h | 0.6127 | +0.025% | $382 | — | 3x | as long as short |
| Aster PONSUSDTlong | +0.0172% | 4h | 0.6125 | long leg | $1.1M | $2.2M | 20x | |
| Lighter PONS | +0.0216% | 1h | 0.6127 | +0.024% | $1.7M | $922K | 3x | as long as short |
| BingX PONS-USDT | +0.0300% | 4h | 0.6124 | −0.017% | — | $3.0M | — | as long as short |
| Extended PONS-USD | +0.0304% | 1h | 0.6127 | +0.039% | $253K | $682K | 5x | as long as short |
| Binance PONSUSDT | +0.0305% | 4h | 0.6129 | +0.064% | $40.1M | $98.7M | 20x | as long as short |
| MEXC PONS_USDT | +0.0308% | 4h | 0.6126 | +0.016% | $8.1M | $4.9M | 20x | as long as short |
| edgeX PONSUSDC | +0.0309% | 4h | 0.6134 | +0.140% | $21K | $293K | 10x | as long as short |
| BloFin PONS-USDT | +0.0549% | 4h | 0.6130 | +0.081% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0669% | 1h | 0.6128 | +0.042% | $42K | $1.7M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6126 | +0.008% | $48K | $96K | 3x | as long as short |
| Hyperliquid PONS | +0.0919% | 1h | 0.6127 | +0.027% | $62.2M | $30.4M | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6126 | +0.014% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.2262% | 4h | 0.6121 | −0.066% | $5.4M | $6.3M | 20x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
KuCoin PONSUSDTM
Bitget PONSUSDT
Aevo PONS-PERP
Lighter PONS
BingX PONS-USDT
Extended PONS-USD
Binance PONSUSDT
MEXC PONS_USDT
edgeX PONSUSDC
BloFin PONS-USDT
Polymarket Perps PONS-USD
Pacifica PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT