Funding you earn now, next payment 05:00 UTC−0.0387%/8h= −42.4% APRpaid last 24h −0.077%
Price spread now: Aevo against edgeX−0.005%72s7-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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PONSUSDC | 0.6032 | 0.0627 | pay 0.0313% / 4h | 3h 31m | $18K | $293K | 10x |
| Short | Aevo PONS-PERP | 0.6031 | 0.0240 | get 0.0030% / 1h | 31m 40s | $376 | — | 3x |
edgeX PONSUSDC
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against edgeX. 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
- −$81.24
- Price spread: −0.005% → 0.000%
- −$0.48
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$106.72
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 21 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 edgeX live order book, 21 min ago | 11.60 bp | 20.0 bp −$20 | doesn't fit | 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 +0.0033% / S −0.0032% | 1h | 0.6018 | −0.225% | $239K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.033% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6031 | −0.013% | $21K | $416K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6030 | −0.030% | $71K | $129K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6023 | −0.147% | $35K | $342K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6036 | +0.075% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6025 | −0.106% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6027 | −0.088% | $26K | $531K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6037 | +0.091% | $65K | $513K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6029 | −0.046% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Nado PONS-PERP
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0160% | 1h | 0.6029 | −0.048% | $412K | $2.5M | 3x | as long as short |
| Aevo PONS-PERPshort | +0.0240% | 1h | 0.6031 | −0.005% | $376 | — | 3x | |
| OKX PONS-USDT-SWAP | +0.0347% | 4h | 0.6031 | −0.013% | $13.7M | $55.2M | 20x | as long as short |
| Variational Omni PONS | +0.0398% | 4h | 0.6017 | −0.238% | $1.5M | $3.9M | — | as long as short |
| Hyperliquid PONS | +0.0489% | 1h | 0.6031 | −0.011% | $61.7M | $28.0M | 3x | as long as short |
| Lighter PONS | +0.0512% | 1h | 0.6030 | −0.035% | $1.7M | $892K | 3x | as long as short |
| Aster PONSUSDT | +0.0518% | 4h | 0.6029 | −0.042% | $1.1M | $2.1M | 20x | as long as short |
| Bitget PONSUSDT | +0.0524% | 4h | 0.6035 | +0.053% | $4.6M | $11.5M | 20x | as long as short |
| MEXC PONS_USDT | +0.0622% | 4h | 0.6032 | +0.003% | $7.7M | $4.7M | 20x | as long as short |
| Extended PONS-USD | +0.0624% | 1h | 0.6031 | −0.010% | $108K | $808K | 5x | as long as short |
| edgeX PONSUSDClong | +0.0627% | 4h | 0.6032 | long leg | $18K | $293K | 10x | |
| Binance PONSUSDT | +0.0629% | 4h | 0.6033 | +0.015% | $39.5M | $94.3M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0689% | 1h | 0.6028 | −0.061% | $72K | $1.6M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0742% | 4h | 0.6028 | −0.058% | $1.6M | $3.8M | 20x | as long as short |
| Gate PONS_USDT | +0.0768% | 4h | 0.6025 | −0.113% | $5.3M | $6.2M | 20x | as long as short |
| BingX PONS-USDT | +0.0808% | 4h | 0.6038 | +0.103% | — | $2.9M | — | as long as short |
| BloFin PONS-USDT | +0.0863% | 4h | 0.6031 | −0.013% | $1.7M | $966K | 20x | as long as short |
| Pacifica PONS | +0.1081% | 1h | 0.6031 | −0.013% | $47K | $67K | 3x | as long as short |
| Bybit PONSUSDT | +0.1123% | 4h | 0.6029 | −0.046% | $18.1M | $30.6M | 20x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.6028 | −0.055% | $46K | $109K | 3x | as long as short |
Lighter RH PONS
OKX PONS-USDT-SWAP
Variational Omni PONS
Hyperliquid PONS
Lighter PONS
Aster PONSUSDT
Bitget PONSUSDT
MEXC PONS_USDT
Extended PONS-USD
Binance PONSUSDT
Polymarket Perps PONS-USD
KuCoin PONSUSDTM
Gate PONS_USDT
BingX PONS-USDT
BloFin PONS-USDT
Pacifica PONS
Bybit PONSUSDT
Phoenix PONS