PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.044%

Price spread now: Aevo against gTrade (Gains Network)+0.233%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aevo is 0.233% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PONS/USD	0.6048	L +0.0033% / S −0.0033%	pay 0.0004% / 1h	49m 42s	$240K	—	150x
Short	Aevo PONS-PERP	0.6062	0.0184	get 0.0023% / 1h	49m 42s	$378	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AevobpOrdersPrice spread, now +0.233%Rate

Funding earned: $31.74
Price spread: +0.233% → 0.000%: $23.3
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $27.03
Costs to cover: 0.280%
Break-even: 1.0 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 19 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 gTrade (Gains Network) virtual book (oracle venue), 19 min ago	130.01 bp	2119.7 bp −$2,120	16868.4 bp −$168.7K	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/USDlong	L +0.0033% / S −0.0033%	1h	0.6048	long leg	$240K	—	150x
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.296%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6063	+0.250%	$18K	$422K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6048	−0.006%	$1.4M	$4.1M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6019	−0.485%	$33K	$353K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6066	+0.299%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6063	+0.248%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6059	+0.187%	$26K	$529K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6063	+0.250%	$64K	$510K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6060	+0.200%	$1.7M	$3.2M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PONS-PERPshort	+0.0184%	1h	0.6062	+0.233%	$378	—	3x
OKX PONS-USDT-SWAP	+0.0226%	4h	0.6061	+0.216%	$13.9M	$56.0M	20x	as long as short
KuCoin PONSUSDTM	+0.0232%	4h	0.6064	+0.261%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0294%	4h	0.6069	+0.350%	$4.7M	$11.4M	20x	as long as short
Bybit PONSUSDT	+0.0337%	4h	0.6063	+0.250%	$18.2M	$30.8M	20x	as long as short
Aster PONSUSDT	+0.0339%	4h	0.6065	+0.286%	$1.1M	$2.0M	20x	as long as short
edgeX PONSUSDC	+0.0379%	4h	0.6027	−0.353%	$21K	$292K	10x	as long as short
BingX PONS-USDT	+0.0384%	4h	0.6065	+0.283%	—	$3.1M	—	as long as short
MEXC PONS_USDT	+0.0400%	4h	0.6065	+0.283%	$7.8M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0406%	4h	0.6066	+0.299%	$39.8M	$96.0M	20x	as long as short
Extended PONS-USD	+0.0408%	1h	0.6065	+0.288%	$250K	$682K	5x	as long as short
Nado PONS-PERP	+0.0418%	1h	0.6064	+0.261%	$71K	$132K	5x	as long as short
Lighter RH PONS	+0.0432%	1h	0.6061	+0.223%	$422K	$2.5M	3x	as long as short
Lighter PONS	+0.0464%	1h	0.6062	+0.236%	$1.7M	$882K	3x	as long as short
BloFin PONS-USDT	+0.0640%	4h	0.6045	−0.048%	$1.8M	$980K	20x	as long as short
Hyperliquid PONS	+0.0761%	1h	0.6066	+0.291%	$61.7M	$28.7M	3x	as long as short
Gate PONS_USDT	+0.0824%	4h	0.6055	+0.117%	$5.3M	$6.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.0844%	1h	0.6062	+0.235%	$46K	$1.6M	3x	as long as short
Pacifica PONS	+0.0869%	1h	0.6064	+0.270%	$48K	$78K	3x	as long as short
Phoenix PONS	+0.1695%	1h	0.6016	−0.528%	$31K	$107K	3x	as long as short