Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.006%
Price spread now: Binance against Extended+0.026%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.026%, 7d avg +0.026%
=Together, before fees−0.127%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PONS-USD | 0.6127 | 0.0304 | pay 0.0038% / 1h | 32m 30s | $253K | $682K | 5x |
| Short | Binance PONSUSDT | 0.6129 | 0.0305 | get 0.0152% / 4h | 32m 30s | $40.1M | $98.7M | 20x |
Extended PONS-USD
Binance PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- $0.17
- Price spread: +0.026% → +0.026%
- $0.01
- Slippage, 4 orders
- −$63.87
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$78.68
- Costs to cover
- 0.789%
- Break-even
- 3205.5 days
Slippage from Extended: live order book, 45 min ago; Binance: live order book, 10 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 Extended live order book, 45 min ago | 11.94 bp | 28.6 bp −$29 | 198.0 bp −$1,980 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.82 bp | 11.5 bp −$12 | 21.0 bp −$210 | 228.7 bp −$22.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −0.0047% | 1h | 0.5969 | −2.577% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0034% | 1h | 0.6119 | −0.137% | $236K | — | 150x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6126 | −0.023% | $427K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6129 | +0.026% | $20K | $439K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6129 | +0.019% | $88K | $107K | 5x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6122 | −0.088% | $18.5M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6127 | −0.007% | $14.0M | $58.2M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6125 | −0.043% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6150 | +0.367% | $33K | $359K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6131 | +0.067% | $2K | $3K | 10x | as long as short |
Injective PONS/USDC PERP
gTrade (Gains Network) PONS/USD
Lighter RH PONS
Popdex PONSUSDT
Nado PONS-PERP
Bybit PONSUSDT
OKX PONS-USDT-SWAP
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 | 0.6129 | +0.033% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6130 | +0.041% | $28K | $546K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6147 | +0.312% | $65K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6130 | +0.042% | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0116% | 4h | 0.6124 | −0.049% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0140% | 4h | 0.6128 | +0.006% | $4.8M | $11.7M | 20x | as long as short |
| Aevo PONS-PERP | +0.0160% | 1h | 0.6127 | −0.013% | $382 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0172% | 4h | 0.6125 | −0.039% | $1.1M | $2.2M | 20x | as long as short |
| Lighter PONS | +0.0216% | 1h | 0.6127 | −0.015% | $1.7M | $922K | 3x | as long as short |
| BingX PONS-USDT | +0.0300% | 4h | 0.6124 | −0.056% | — | $3.0M | — | as long as short |
| Extended PONS-USDlong | +0.0304% | 1h | 0.6127 | long leg | $253K | $682K | 5x | |
| Binance PONSUSDTshort | +0.0305% | 4h | 0.6129 | +0.026% | $40.1M | $98.7M | 20x | |
| MEXC PONS_USDT | +0.0308% | 4h | 0.6126 | −0.023% | $8.1M | $4.9M | 20x | as long as short |
| edgeX PONSUSDC | +0.0309% | 4h | 0.6134 | +0.102% | $21K | $293K | 10x | as long as short |
| BloFin PONS-USDT | +0.0549% | 4h | 0.6130 | +0.042% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0669% | 1h | 0.6128 | +0.003% | $42K | $1.7M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6126 | −0.031% | $48K | $96K | 3x | as long as short |
| Hyperliquid PONS | +0.0919% | 1h | 0.6127 | −0.011% | $62.2M | $30.4M | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6126 | −0.025% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.2262% | 4h | 0.6121 | −0.105% | $5.4M | $6.3M | 20x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
KuCoin PONSUSDTM
Bitget PONSUSDT
Aevo PONS-PERP
Aster PONSUSDT
Lighter PONS
BingX PONS-USDT
MEXC PONS_USDT
edgeX PONSUSDC
BloFin PONS-USDT
Polymarket Perps PONS-USD
Pacifica PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT