Funding you earn now, next payment 08:00 UTC−0.0510%/8h= −55.9% APRnext payment −$2.55 per $10,000 · paid last 24h −0.101%
Price spread now: SunX against edgeX+0.057%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2882.879% of the position
Funding, last 7 days−0.500%−$50 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now +0.057%, 7d avg +0.044%
=Together, before fees−0.266%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PONSUSDC | 0.5945 | 0.0610 | pay 0.0305% / 4h | 3h 11m | $18K | $292K | 10x |
| Short | SunX PONS-USDT | 0.5948 | 0.0100 | get 0.0050% / 4h | 3h 11m | — | $1.3M | 10x |
edgeX PONSUSDC
SunX PONS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$107.17
- Price spread: +0.057% → +0.044%
- $1.24
- Slippage, 4 orders
- −$270.92
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$393.85
- Costs to cover
- 2.879%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 42 min ago; SunX: live order book, 3 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 edgeX live order book, 42 min ago | 11.60 bp | 20.0 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 104.57 bp | 124.6 bp −$125 | 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 +0.0033% / S −0.0032% | 1h | 0.5921 | −0.396% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.415% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5916 | −0.485% | $417K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5934 | −0.182% | $21K | $417K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5937 | −0.125% | $69K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5935 | −0.169% | $34K | $339K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5931 | −0.238% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDTshort | +0.0100% | 4h | 0.5948 | +0.057% | — | $1.3M | 10x | |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5919 | −0.428% | $26K | $541K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5942 | −0.044% | $64K | $512K | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Nado PONS-PERP
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SoDEX PONS-USD
HTX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.5925 | −0.334% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.5921 | −0.395% | $369 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0353% | 4h | 0.5914 | −0.519% | $13.5M | $54.1M | 20x | as long as short |
| Lighter PONS | +0.0440% | 1h | 0.5919 | −0.428% | $1.6M | $894K | 3x | as long as short |
| Variational Omni PONS | +0.0455% | 4h | 0.5941 | −0.057% | $1.4M | $4.0M | — | as long as short |
| Gate PONS_USDT | +0.0462% | 4h | 0.5918 | −0.451% | $5.2M | $6.2M | 20x | as long as short |
| Hyperliquid PONS | +0.0478% | 1h | 0.5916 | −0.485% | $60.5M | $28.1M | 3x | as long as short |
| Aster PONSUSDT | +0.0511% | 4h | 0.5919 | −0.438% | $1.1M | $2.2M | 20x | as long as short |
| Bitget PONSUSDT | +0.0536% | 4h | 0.5917 | −0.471% | $4.5M | $11.6M | 20x | as long as short |
| Extended PONS-USD | +0.0608% | 1h | 0.5926 | −0.312% | $106K | $807K | 5x | as long as short |
| Binance PONSUSDT | +0.0608% | 4h | 0.5920 | −0.412% | $38.7M | $94.2M | 20x | as long as short |
| MEXC PONS_USDT | +0.0610% | 4h | 0.5919 | −0.434% | $7.5M | $4.7M | 20x | as long as short |
| edgeX PONSUSDClong | +0.0610% | 4h | 0.5945 | long leg | $18K | $292K | 10x | |
| BingX PONS-USDT | +0.0716% | 4h | 0.5917 | −0.468% | — | $3.0M | — | as long as short |
| KuCoin PONSUSDTM | +0.0734% | 4h | 0.5922 | −0.384% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0734% | 1h | 0.5932 | −0.216% | $81K | $1.7M | 3x | as long as short |
| Bybit PONSUSDT | +0.0784% | 4h | 0.5915 | −0.502% | $17.6M | $30.6M | 20x | as long as short |
| BloFin PONS-USDT | +0.0848% | 4h | 0.5922 | −0.384% | $1.7M | $942K | 20x | as long as short |
| Pacifica PONS | +0.1081% | 1h | 0.5943 | −0.027% | $46K | $68K | 3x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.5945 | +0.008% | $45K | $109K | 3x | as long as short |
Phemex PONSUSDT
Aevo PONS-PERP
OKX PONS-USDT-SWAP
Lighter PONS
Variational Omni PONS
Gate PONS_USDT
Hyperliquid PONS
Aster PONSUSDT
Bitget PONSUSDT
Extended PONS-USD
Binance PONSUSDT
MEXC PONS_USDT
BingX PONS-USDT
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
Bybit PONSUSDT
BloFin PONS-USDT
Pacifica PONS
Phoenix PONS