Funding you earn now, next payment 22:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.003%
Price spread now: Extended against Binance+0.040%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.040%, 7d avg −0.026%
=Together, before fees+0.021%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.066% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PONSUSDT | 0.5920 | 0.0182 | pay 0.0091% / 4h | 2h 56m | $38.6M | $98.2M | 20x |
| Short | Extended PONS-USD | 0.5922 | 0.0184 | get 0.0023% / 1h | 56m 06s | $106K | $529K | 5x |
Binance PONSUSDT
Extended PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.39
- Price spread: +0.040% → −0.026%
- $6.6
- Slippage, 4 orders
- −$65.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$73.42
- Costs to cover
- 0.804%
- Break-even
- 1337.1 days
Slippage from Binance: live order book, 2 min ago; Extended: live order book, 31 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 Binance live order book, 2 min ago | 0.84 bp | 13.4 bp −$13 | 60.8 bp −$608 | doesn't fit | doesn't fit |
| Sell Extended live order book, 31 min ago | 11.93 bp | 27.2 bp −$27 | 173.6 bp −$1,736 | 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 | 0.5918 | −0.037% | $217K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | −0.007% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5920 | 0.000% | $21K | $459K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5918 | −0.034% | $18.0M | $31.4M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5915 | −0.084% | $13.6M | $56.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5923 | +0.052% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5919 | −0.019% | $4.6M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5963 | +0.719% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5963 | +0.733% | $34K | $326K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5929 | +0.149% | $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 | 0.5924 | +0.068% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5920 | +0.005% | $27K | $535K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5938 | +0.304% | $64K | $503K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5922 | +0.034% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5926 | +0.101% | $369 | — | 3x | as long as short |
| Lighter RH PONS | +0.0152% | 1h | 0.5922 | +0.027% | $398K | $2.6M | 3x | as long as short |
| Binance PONSUSDTlong | +0.0182% | 4h | 0.5920 | long leg | $38.6M | $98.2M | 20x | |
| Extended PONS-USDshort | +0.0184% | 1h | 0.5922 | +0.040% | $106K | $529K | 5x | |
| BingX PONS-USDT | +0.0188% | 4h | 0.5919 | −0.017% | — | $3.1M | — | as long as short |
| MEXC PONS_USDT | +0.0190% | 4h | 0.5918 | −0.034% | $7.8M | $5.1M | 20x | as long as short |
| edgeX PONSUSDC | +0.0206% | 4h | 0.5961 | +0.691% | $21K | $292K | 10x | as long as short |
| Aster PONSUSDT | +0.0250% | 4h | 0.5922 | +0.027% | $1.1M | $2.2M | 20x | as long as short |
| Gate PONS_USDT | +0.0306% | 4h | 0.5921 | +0.017% | $5.2M | $6.7M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0314% | 1h | 0.5921 | +0.010% | $38K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0431% | 4h | 0.5934 | +0.236% | $1.7M | $988K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5928 | +0.130% | $47K | $102K | 3x | as long as short |
| Nado PONS-PERP | +0.0520% | 1h | 0.5925 | +0.079% | $90K | $103K | 5x | as long as short |
| Hyperliquid PONS | +0.0744% | 1h | 0.5922 | +0.037% | $59.3M | $29.7M | 3x | as long as short |
| Lighter PONS | +0.1016% | 1h | 0.5927 | +0.111% | $1.7M | $879K | 3x | as long as short |
| Phoenix PONS | +0.1232% | 1h | 0.5931 | +0.193% | $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
edgeX PONSUSDC
Aster PONSUSDT
Gate PONS_USDT
Polymarket Perps PONS-USD
BloFin PONS-USDT
Pacifica PONS
Nado PONS-PERP
Hyperliquid PONS
Lighter PONS
Phoenix PONS