PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0296%/8h= −32.4% APRnext payment −$0.37 per $10,000 · paid last 24h −0.074%

Price spread now: Aevo against Extended−0.040%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aevo is 0.040% cheaper against Extended than usual: you would sell low and buy high (−$4 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	Extended PONS-USD	0.6057	0.0488	pay 0.0061% / 1h	53m 08s	$103K	$816K	5x
Short	Aevo PONS-PERP	0.6054	0.0192	get 0.0024% / 1h	53m 08s	$377	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee AevobpOrdersPrice spread, now −0.040%Rate

Funding earned: −$62.16
Price spread: −0.040% → 0.000%: −$4
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$87.16
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 50 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 Extended live order book, 50 min ago	9.30 bp	23.3 bp −$23	209.9 bp −$2,099	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	0.6048	−0.142%	$241K	—	150x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6053	−0.064%	$20K	$431K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5912	−2.389%	$29K	$308K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6056	−0.018%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6037	−0.327%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6060	+0.051%	$26K	$598K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6060	+0.060%	$66K	$534K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6056	−0.015%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERPshort	+0.0192%	1h	0.6054	−0.040%	$377	—	3x
Nado PONS-PERP	+0.0235%	1h	0.6049	−0.129%	$71K	$130K	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PONS	+0.0248%	1h	0.6057	+0.002%	$419K	$2.6M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0391%	4h	0.6071	+0.233%	$13.7M	$57.0M	20x	as long as short
Gate PONS_USDT	+0.0426%	4h	0.6035	−0.361%	$5.4M	$6.3M	20x	as long as short
MEXC PONS_USDT	+0.0450%	4h	0.6060	+0.051%	$7.8M	$4.6M	20x	as long as short
Aster PONSUSDT	+0.0468%	4h	0.6068	+0.177%	$1.2M	$2.2M	20x	as long as short
edgeX PONSUSDC	+0.0484%	4h	0.5915	−2.338%	$20K	$289K	10x	as long as short
Binance PONSUSDT	+0.0484%	4h	0.6072	+0.251%	$38.7M	$99.4M	20x	as long as short
Extended PONS-USDlong	+0.0488%	1h	0.6057	long leg	$103K	$816K	5x
Variational Omni PONS	+0.0495%	4h	0.5907	−2.468%	$1.4M	$4.1M	—	as long as short
KuCoin PONSUSDTM	+0.0562%	4h	0.6059	+0.043%	$1.6M	$3.9M	20x	as long as short
Pacifica PONS	+0.0572%	1h	0.6046	−0.174%	$46K	$68K	3x	as long as short
Bybit PONSUSDT	+0.0603%	4h	0.6069	+0.200%	$18.2M	$31.5M	20x	as long as short
BingX PONS-USDT	+0.0642%	4h	0.6064	+0.117%	—	$3.0M	—	as long as short
Bitget PONSUSDT	+0.0670%	4h	0.6069	+0.198%	$4.8M	$12.4M	20x	as long as short
BloFin PONS-USDT	+0.0724%	4h	0.6066	+0.150%	$1.7M	$964K	20x	as long as short
Lighter PONS	+0.0856%	1h	0.6057	+0.002%	$1.7M	$828K	3x	as long as short
Injective PONS/USDC PERP	+0.1069%	1h	0.5938	−1.955%	$610	$10K	5.5x	as long as short
Hyperliquid PONS	+0.1074%	1h	0.6065	+0.134%	$61.7M	$29.8M	3x	as long as short
Polymarket Perps PONS-USD	+0.1164%	1h	0.6052	−0.081%	$78K	$2.0M	3x	as long as short
Phoenix PONS	+0.1405%	1h	0.5917	−2.316%	$45K	$127K	3x	as long as short