Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.071%
Price spread now: Aevo against Binance−0.082%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.082% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PONSUSDT | 0.5924 | 0.0176 | pay 0.0088% / 4h | 2h 55m | $38.6M | $98.2M | 20x |
| Short | Aevo PONS-PERP | 0.5919 | 0.0128 | get 0.0016% / 1h | 55m 05s | $369 | — | 3x |
Binance PONSUSDT
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Binance. 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
- −$9.99
- Price spread: −0.082% → 0.000%
- −$8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$44.21
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Aevo: 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 Binance live order book, 3 min ago | 0.84 bp | 13.4 bp −$13 | 60.8 bp −$608 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 +0.0032% / S −0.0034% | 1h | 0.5915 | −0.158% | $217K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | −0.073% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5934 | +0.170% | $21K | $459K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5928 | +0.069% | $18.0M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5913 | −0.184% | $13.5M | $56.0M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5913 | −0.188% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5920 | −0.059% | $4.6M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5929 | +0.094% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5922 | −0.029% | $34K | $326K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5924 | −0.007% | $2K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
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 | 0.5919 | −0.078% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5913 | −0.179% | $27K | $534K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5934 | +0.177% | $64K | $503K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5912 | −0.201% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0128% | 1h | 0.5919 | −0.082% | $369 | — | 3x | |
| Lighter RH PONS | +0.0136% | 1h | 0.5920 | −0.063% | $398K | $2.6M | 3x | as long as short |
| Binance PONSUSDTlong | +0.0176% | 4h | 0.5924 | long leg | $38.6M | $98.2M | 20x | |
| Extended PONS-USD | +0.0176% | 1h | 0.5921 | −0.044% | $106K | $529K | 5x | as long as short |
| MEXC PONS_USDT | +0.0182% | 4h | 0.5917 | −0.117% | $7.8M | $5.1M | 20x | as long as short |
| BingX PONS-USDT | +0.0190% | 4h | 0.5922 | −0.032% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0192% | 4h | 0.5932 | +0.137% | $21K | $292K | 10x | as long as short |
| Aster PONSUSDT | +0.0242% | 4h | 0.5918 | −0.103% | $1.1M | $2.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0374% | 1h | 0.5931 | +0.123% | $38K | $1.8M | 3x | as long as short |
| Gate PONS_USDT | +0.0378% | 4h | 0.5913 | −0.184% | $5.2M | $6.7M | 20x | as long as short |
| BloFin PONS-USDT | +0.0416% | 4h | 0.5923 | −0.015% | $1.7M | $984K | 20x | as long as short |
| Nado PONS-PERP | +0.0471% | 1h | 0.5930 | +0.103% | $90K | $103K | 5x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5925 | +0.018% | $47K | $102K | 3x | as long as short |
| Hyperliquid PONS | +0.0751% | 1h | 0.5922 | −0.031% | $59.3M | $29.8M | 3x | as long as short |
| Lighter PONS | +0.1016% | 1h | 0.5921 | −0.042% | $1.7M | $879K | 3x | as long as short |
| Phoenix PONS | +0.1232% | 1h | 0.5931 | +0.126% | $27K | $86K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Lighter RH PONS
Extended PONS-USD
MEXC PONS_USDT
BingX PONS-USDT
edgeX PONSUSDC
Aster PONSUSDT
Polymarket Perps PONS-USD
Gate PONS_USDT
BloFin PONS-USDT
Nado PONS-PERP
Pacifica PONS
Hyperliquid PONS
Lighter PONS
Phoenix PONS