Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.4% APRpaid last 24h +0.090%
Price spread now: Variational Omni against gTrade (Gains Network)+0.534%7-day average +0.152% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)+0.113%+$11 on $10k
+Price spread, last 3 days (all we have)−0.345%−$34 · spread now +0.534%, 7d avg +0.152%
=Together, before fees−0.232%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.381% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.152%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PONS/USD | 0.6010 | L +0.0033% / S −0.0033% | pay 0.0004% / 1h | 29m 30s | $238K | — | 150x |
| Short | Variational Omni PONS | 0.6043 | 0.0100 | get 0.0050% / 4h | 2h 29m | $1.4M | $4.0M | — |
gTrade (Gains Network) PONS/USD
Variational Omni PONSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.1
- Price spread: +0.534% → +0.152%
- $38.12
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $40.22
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 40 min ago; Variational Omni: RFQ quote, 5 min ago. 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), 40 min ago | 130.01 bp | 2119.7 bp −$2,120 | 16868.4 bp −$168.7K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 4.14 bp | doesn't fit | 34.0 bp −$340 | doesn't fit | 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/USDlong | L +0.0033% / S −0.0033% | 1h | 0.6010 | long leg | $238K | — | 150x | |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.682% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6026 | +0.258% | $20K | $423K | 20x | as long as short |
| Variational Omni PONSshort | +0.0100% | 4h | 0.6043 | +0.534% | $1.4M | $4.0M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6038 | +0.459% | $33K | $354K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6027 | +0.271% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6040 | +0.486% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6044 | +0.563% | $26K | $518K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6044 | +0.558% | $64K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6044 | +0.558% | $1.7M | $3.2M | 20x | as long as short |
Injective PONS/USDC PERP
Popdex PONSUSDT
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 | 0.6036 | +0.424% | $376 | — | 3x | as long as short |
| Lighter RH PONS | +0.0208% | 1h | 0.6038 | +0.456% | $423K | $2.5M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0210% | 4h | 0.6026 | +0.255% | $1.7M | $3.7M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0220% | 4h | 0.6015 | +0.075% | $13.8M | $54.9M | 20x | as long as short |
| Bybit PONSUSDT | +0.0238% | 4h | 0.6014 | +0.058% | $18.0M | $30.5M | 20x | as long as short |
| Nado PONS-PERP | +0.0246% | 1h | 0.6031 | +0.341% | $71K | $131K | 5x | as long as short |
| Lighter PONS | +0.0296% | 1h | 0.6039 | +0.473% | $1.7M | $884K | 3x | as long as short |
| Bitget PONSUSDT | +0.0302% | 4h | 0.6026 | +0.260% | $4.7M | $11.3M | 20x | as long as short |
| Aster PONSUSDT | +0.0369% | 4h | 0.6036 | +0.426% | $1.1M | $2.0M | 20x | as long as short |
| BingX PONS-USDT | +0.0390% | 4h | 0.6017 | +0.108% | — | $3.0M | — | as long as short |
| Extended PONS-USD | +0.0408% | 1h | 0.6029 | +0.314% | $250K | $674K | 5x | as long as short |
| MEXC PONS_USDT | +0.0408% | 4h | 0.6024 | +0.225% | $7.7M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0409% | 4h | 0.6027 | +0.282% | $39.5M | $95.1M | 20x | as long as short |
| edgeX PONSUSDC | +0.0414% | 4h | 0.6038 | +0.462% | $21K | $294K | 10x | as long as short |
| Gate PONS_USDT | +0.0530% | 4h | 0.6027 | +0.275% | $5.3M | $6.1M | 20x | as long as short |
| Hyperliquid PONS | +0.0683% | 1h | 0.6028 | +0.291% | $61.3M | $28.2M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0738% | 1h | 0.6027 | +0.278% | $45K | $1.5M | 3x | as long as short |
| Pacifica PONS | +0.0869% | 1h | 0.6032 | +0.352% | $48K | $75K | 3x | as long as short |
| Phoenix PONS | +0.1695% | 1h | 0.6041 | +0.503% | $31K | $107K | 3x | as long as short |
Aevo PONS-PERP
Lighter RH PONS
KuCoin PONSUSDTM
OKX PONS-USDT-SWAP
Bybit PONSUSDT
Nado PONS-PERP
Lighter PONS
Bitget PONSUSDT
Aster PONSUSDT
BingX PONS-USDT
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
edgeX PONSUSDC
Gate PONS_USDT
Hyperliquid PONS
Polymarket Perps PONS-USD
Pacifica PONS
Phoenix PONS