Funding you earn now, next payment 22:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.056%
Price spread now: Popdex against Aster+0.063%7-day average +0.057% · 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−$230as in the Price arb table
costs, in and out, $10k−$2302.304% of the position
Funding, last 3 days (all we have)−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.063%, 7d avg +0.057%
=Together, before fees−0.156%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: −$5 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 | 0.5927 | 0.0264 | pay 0.0132% / 4h | 2h 56m | $1.1M | $2.2M | 20x |
| Short | Popdex PONSUSDT | 0.5931 | 0.0096 | get 0.0012% / 1h | 56m 49s | $21K | $459K | 20x |
Aster PONSUSDT
Popdex PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$35.2
- Price spread: +0.063% → +0.057%
- $0.61
- Slippage, 4 orders
- −$215.97
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$264.97
- Costs to cover
- 2.304%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Popdex: live order book, 32 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, 2 min ago | 5.05 bp | 10.8 bp −$11 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 32 min ago | 7.52 bp | 104.8 bp −$105 | 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 +0.0032% / S −0.0034% | 1h | 0.5923 | −0.074% | $217K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | −0.129% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDTshort | +0.0096% | 1h | 0.5931 | +0.063% | $21K | $459K | 20x | |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5929 | +0.030% | $18.0M | $31.4M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5930 | +0.047% | $13.6M | $56.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5931 | +0.065% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5932 | +0.084% | $4.6M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5963 | +0.596% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5963 | +0.610% | $34K | $326K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5934 | +0.106% | $2K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
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 | 0.5934 | +0.119% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5926 | −0.026% | $27K | $535K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5934 | +0.121% | $64K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5925 | −0.038% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5930 | +0.047% | $369 | — | 3x | as long as short |
| Lighter RH PONS | +0.0184% | 1h | 0.5932 | +0.080% | $400K | $2.5M | 3x | as long as short |
| BingX PONS-USDT | +0.0188% | 4h | 0.5933 | +0.097% | — | $3.1M | — | as long as short |
| MEXC PONS_USDT | +0.0190% | 4h | 0.5930 | +0.047% | $7.8M | $5.1M | 20x | as long as short |
| Binance PONSUSDT | +0.0191% | 4h | 0.5932 | +0.079% | $38.7M | $98.4M | 20x | as long as short |
| Extended PONS-USD | +0.0192% | 1h | 0.5926 | −0.017% | $106K | $531K | 5x | as long as short |
| Nado PONS-PERP | +0.0205% | 1h | 0.5934 | +0.116% | $84K | $100K | 5x | as long as short |
| edgeX PONSUSDC | +0.0206% | 4h | 0.5961 | +0.568% | $21K | $292K | 10x | as long as short |
| Gate PONS_USDT | +0.0258% | 4h | 0.5929 | +0.030% | $5.2M | $6.7M | 20x | as long as short |
| Aster PONSUSDTlong | +0.0264% | 4h | 0.5927 | long leg | $1.1M | $2.2M | 20x | |
| Polymarket Perps PONS-USD | +0.0327% | 1h | 0.5930 | +0.040% | $38K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0431% | 4h | 0.5934 | +0.114% | $1.7M | $988K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5934 | +0.120% | $47K | $102K | 3x | as long as short |
| Hyperliquid PONS | +0.0745% | 1h | 0.5934 | +0.121% | $59.4M | $29.7M | 3x | as long as short |
| Lighter PONS | +0.1208% | 1h | 0.5934 | +0.106% | $1.7M | $879K | 3x | as long as short |
| Phoenix PONS | +0.1232% | 1h | 0.5931 | +0.070% | $27K | $86K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Lighter RH PONS
BingX PONS-USDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Nado PONS-PERP
edgeX PONSUSDC
Gate PONS_USDT
Polymarket Perps PONS-USD
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Lighter PONS
Phoenix PONS