Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.043%
Price spread now: BingX against Extended+0.043%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$710.707% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.190%−$19 · spread now +0.043%, 7d avg +0.048%
=Together, before fees−0.116%+ Points / potential airdropExtended: Active · farm board−$12 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 | 0.6037 | 0.0400 | pay 0.0050% / 1h | 31m 14s | $250K | $677K | 5x |
| Short | BingX PONS-USDT | 0.6040 | 0.0396 | get 0.0198% / 4h | 2h 31m | — | $3.0M | — |
Extended PONS-USD
BingX PONS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$0.84
- Price spread: +0.043% → +0.048%
- −$0.55
- Slippage, 4 orders
- −$55.71
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$72.1
- Costs to cover
- 0.707%
- Break-even
- never at this rate
Slippage from Extended: live order book, 37 min ago; BingX: live order book, 9 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, 37 min ago | 11.01 bp | 25.4 bp −$25 | 193.8 bp −$1,938 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 0.83 bp | 8.8 bp −$9 | 32.1 bp −$321 | 173.8 bp −$17.4K | doesn't fit |
PONS on 29 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 −0.0033% | 1h | 0.6032 | −0.096% | $239K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.125% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6042 | +0.076% | $20K | $424K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6043 | +0.085% | $1.4M | $4.0M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6042 | +0.072% | $33K | $354K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6044 | +0.109% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6044 | +0.102% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6036 | −0.020% | $26K | $518K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6049 | +0.200% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6037 | −0.007% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | +0.0184% | 1h | 0.6040 | +0.051% | $376 | — | 3x | as long as short |
| Lighter RH PONS | +0.0192% | 1h | 0.6039 | +0.024% | $420K | $2.5M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0214% | 4h | 0.6039 | +0.034% | $1.7M | $3.7M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0218% | 4h | 0.6033 | −0.073% | $13.8M | $55.2M | 20x | as long as short |
| Bybit PONSUSDT | +0.0247% | 4h | 0.6031 | −0.106% | $18.1M | $30.6M | 20x | as long as short |
| Nado PONS-PERP | +0.0253% | 1h | 0.6048 | +0.175% | $71K | $131K | 5x | as long as short |
| Bitget PONSUSDT | +0.0300% | 4h | 0.6039 | +0.021% | $4.7M | $11.3M | 20x | as long as short |
| Lighter PONS | +0.0320% | 1h | 0.6039 | +0.024% | $1.7M | $884K | 3x | as long as short |
| Aster PONSUSDT | +0.0350% | 4h | 0.6040 | +0.046% | $1.1M | $2.0M | 20x | as long as short |
| BingX PONS-USDTshort | +0.0396% | 4h | 0.6040 | +0.043% | — | $3.0M | — | |
| Extended PONS-USDlong | +0.0400% | 1h | 0.6037 | long leg | $250K | $677K | 5x | |
| Binance PONSUSDT | +0.0403% | 4h | 0.6035 | −0.040% | $39.6M | $95.5M | 20x | as long as short |
| MEXC PONS_USDT | +0.0406% | 4h | 0.6041 | +0.059% | $7.8M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0414% | 4h | 0.6039 | +0.030% | $21K | $293K | 10x | as long as short |
| Gate PONS_USDT | +0.0570% | 4h | 0.6034 | −0.057% | $5.3M | $6.1M | 20x | as long as short |
| Hyperliquid PONS | +0.0689% | 1h | 0.6041 | +0.062% | $61.4M | $28.2M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0740% | 1h | 0.6041 | +0.053% | $45K | $1.5M | 3x | as long as short |
| Pacifica PONS | +0.0869% | 1h | 0.6046 | +0.140% | $48K | $75K | 3x | as long as short |
| Phoenix PONS | +0.1695% | 1h | 0.6038 | +0.001% | $31K | $107K | 3x | as long as short |
Aevo PONS-PERP
Lighter RH PONS
KuCoin PONSUSDTM
OKX PONS-USDT-SWAP
Bybit PONSUSDT
Nado PONS-PERP
Bitget PONSUSDT
Lighter PONS
Aster PONSUSDT
Binance PONSUSDT
MEXC PONS_USDT
edgeX PONSUSDC
Gate PONS_USDT
Hyperliquid PONS
Polymarket Perps PONS-USD
Pacifica PONS
Phoenix PONS