PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 13:00 UTC+0.0069%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: ApeX Omni against gTrade (Gains Network)+0.220%67s7-day average +0.259% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4,67346.734% of the position

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 2 days (all we have)+0.036%+$4 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.220%, 7d avg +0.259%

Together, before fees+0.005%$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.040% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread +0.220% now, against its 7-day average of +0.259%). If the spread goes back, that is −$4 on $10k: about 46 hours of funding at the current rate (+$2 a day). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PONS/USD	0.6336	L +0.0031% / S −0.0029%	pay 0.0004% / 1h	24m 26s	$249K	—	150x
Short	ApeX Omni PONSUSDT	0.6350	0.0100	get 0.0013% / 1h	24m 26s	$32K	$283K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.220%Rate

Funding earned: $14.45
Price spread: +0.220% → +0.259%: −$3.96
Slippage, 4 orders: −$4,651.38
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$4,662.89
Costs to cover: 46.734%
Break-even: 2265.7 days

Slippage from gTrade (Gains Network): virtual book (oracle exchange), 13 min ago; ApeX Omni: live order book, 11 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 gTrade (Gains Network) virtual book (oracle exchange), 13 min ago	130.01 bp	2119.9 bp −$2,120	16868.9 bp −$168.7K	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 11 min ago	23.51 bp	51.4 bp −$51	130.1 bp −$1,301	doesn't fit	doesn't fit

PONS on 30 exchanges

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
Gate PONS_USDT	+0.0030%	4h	0.6347	+0.166%	$5.4M	$6.2M	20x	as long as short
gTrade (Gains Network) PONS/USDlong	L +0.0031% / S −0.0029%	1h	0.6336	long leg	$249K	—	150x
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	−6.281%	$610	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6350	+0.213%	$21K	$413K	20x	as long as short
ApeX Omni PONSUSDTshort	+0.0100%	1h	0.6350	+0.220%	$32K	$283K	5x
Nado PONS-PERP	+0.0100%	1h	0.6345	+0.137%	$89K	$101K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6360	+0.368%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6346	+0.147%	—	$752K	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6345	+0.134%	$27K	$592K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6337	+0.003%	$69K	$536K	20x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.6347	+0.166%	$1.7M	$3.2M	20x	as long as short
Hyperliquid PONS	+0.0163%	1h	0.6348	+0.178%	$64.6M	$28.5M	3x	as long as short
Aevo PONS-PERP	+0.0216%	1h	0.6347	+0.166%	$395	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0253%	4h	0.6343	+0.103%	$14.0M	$59.2M	20x	as long as short
Aster PONSUSDT	+0.0304%	4h	0.6348	+0.182%	$1.2M	$2.1M	20x	as long as short
Extended PONS-USD	+0.0528%	1h	0.6345	+0.136%	$253K	$853K	5x	as long as short
MEXC PONS_USDT	+0.0530%	4h	0.6349	+0.197%	$8.0M	$4.6M	20x	as long as short
Binance PONSUSDT	+0.0531%	4h	0.6347	+0.166%	$41.0M	$98.3M	20x	as long as short
edgeX PONSUSDC	+0.0548%	4h	0.6338	+0.027%	$18K	$294K	10x	as long as short
Lighter PONS	+0.0576%	1h	0.6347	+0.166%	$1.8M	$843K	3x	as long as short
Lighter RH PONS	+0.0592%	1h	0.6348	+0.182%	$433K	$2.6M	3x	as long as short
KuCoin PONSUSDTM	+0.0594%	4h	0.6349	+0.199%	$1.8M	$4.4M	20x	as long as short
Variational Omni PONS	+0.0609%	4h	0.6336	−0.006%	$1.5M	$3.6M	—	as long as short
Bitget PONSUSDT	+0.0620%	4h	0.6348	+0.175%	$5.0M	$13.0M	20x	as long as short
Pacifica PONS	+0.0644%	1h	0.6348	+0.180%	$50K	$73K	3x	as long as short
BloFin PONS-USDT	+0.0772%	4h	0.6342	+0.087%	$1.8M	$1.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.0890%	1h	0.6348	+0.174%	$72K	$2.0M	3x	as long as short
BingX PONS-USDT	+0.1128%	4h	0.6334	−0.039%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.1311%	4h	0.6342	+0.087%	$19.0M	$31.5M	20x	as long as short
Phoenix PONS	+0.1580%	1h	0.6340	+0.059%	$48K	$153K	3x	as long as short