Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.49 per $10,000 · paid last 24h −0.016%
Price spread now: edgeX against Bitget−0.010%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$770.773% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 3 days (all we have)+0.186%+$19 · spread now −0.010%, 7d avg −0.028%
=Together, before fees+0.272%+ Points / potential airdropedgeX: Active · farm board+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, 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 | Bitget PONSUSDT | 0.5909 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $4.6M | $11.7M | 20x |
| Short | edgeX PONSUSDC | 0.5908 | 0.0197 | get 0.0099% / 4h | 2h 14m | $21K | $294K | 10x |
Bitget PONSUSDT
edgeX PONSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- $20.39
- Price spread: −0.010% → −0.028%
- $1.8
- Slippage, 4 orders
- −$56.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$55.12
- Costs to cover
- 0.773%
- Break-even
- 25.9 days
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 8 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 Bitget live order book, 4 min ago | 2.71 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 8 min ago | 11.86 bp | 20.3 bp −$20 | 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 | 0.5902 | −0.112% | $216K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | +0.181% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5909 | +0.002% | $21K | $444K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5899 | −0.168% | $17.6M | $31.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5900 | −0.151% | $13.4M | $56.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5904 | −0.080% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDTlong | +0.0100% | 4h | 0.5909 | long leg | $4.6M | $11.7M | 20x | |
| Variational Omni PONS | +0.0100% | 4h | 0.5905 | −0.062% | $1.3M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5907 | −0.032% | $34K | $335K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5917 | +0.134% | $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
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 | 0.5910 | +0.025% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5909 | +0.007% | $27K | $549K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5906 | −0.049% | $64K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5900 | −0.151% | $1.6M | $3.3M | 20x | as long as short |
| Nado PONS-PERP | +0.0102% | 1h | 0.5910 | +0.019% | $89K | $103K | 5x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5910 | +0.016% | $368 | — | 3x | as long as short |
| Extended PONS-USD | +0.0176% | 1h | 0.5905 | −0.064% | $106K | $533K | 5x | as long as short |
| MEXC PONS_USDT | +0.0176% | 4h | 0.5907 | −0.032% | $7.5M | $5.2M | 20x | as long as short |
| BingX PONS-USDT | +0.0178% | 4h | 0.5902 | −0.117% | — | $3.1M | — | as long as short |
| Binance PONSUSDT | +0.0180% | 4h | 0.5902 | −0.117% | $38.4M | $98.3M | 20x | as long as short |
| Aster PONSUSDT | +0.0188% | 4h | 0.5903 | −0.095% | $1.1M | $2.2M | 20x | as long as short |
| edgeX PONSUSDCshort | +0.0197% | 4h | 0.5908 | −0.010% | $21K | $294K | 10x | |
| Polymarket Perps PONS-USD | +0.0370% | 1h | 0.5909 | −0.005% | $37K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0420% | 4h | 0.5913 | +0.069% | $1.7M | $967K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5910 | +0.010% | $47K | $103K | 3x | as long as short |
| Hyperliquid PONS | +0.0494% | 1h | 0.5911 | +0.030% | $59.2M | $30.1M | 3x | as long as short |
| Lighter RH PONS | +0.0600% | 1h | 0.5909 | 0.000% | $416K | $2.6M | 3x | as long as short |
| Gate PONS_USDT | +0.0784% | 4h | 0.5903 | −0.100% | $5.2M | $6.8M | 20x | as long as short |
| Lighter PONS | +0.1016% | 1h | 0.5912 | +0.056% | $1.7M | $889K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5911 | +0.029% | $30K | $86K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Nado PONS-PERP
Aevo PONS-PERP
Extended PONS-USD
MEXC PONS_USDT
BingX PONS-USDT
Binance PONSUSDT
Aster PONSUSDT
Polymarket Perps PONS-USD
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Lighter RH PONS
Gate PONS_USDT
Lighter PONS
Phoenix PONS