Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.106%
Price spread now: Orderly against Gate+0.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.091% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it 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 | Gate PONS_USDT | 0.5907 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $5.2M | $6.9M | 20x |
| Short | Orderly PERP_PONS_USDC_mythos | 0.5912 | 0.0100 | get 0.0050% / 4h | 3h 56m | $2K | $3K | 10x |
Gate PONS_USDT
Orderly PERP_PONS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Gate. 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
- Price spread: +0.091% → 0.000%
- $9.14
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$11.86
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Orderly: 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 Gate live order book, 2 min ago | 2.54 bp | 28.1 bp −$28 | 212.6 bp −$2,126 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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/USD | L +0.0032% / S −0.0032% | 1h | 0.5899 | −0.137% | $212K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5863 | −0.747% | $603 | $3K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5906 | −0.017% | $21K | $496K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5903 | −0.068% | $73K | $95K | 5x | as long as short |
| Hyperliquid PONS | +0.0100% | 1h | 0.5905 | −0.034% | $58.6M | $30.1M | 3x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5901 | −0.102% | $17.7M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5902 | −0.085% | $13.4M | $56.1M | 20x | as long as short |
| Gate PONS_USDTlong | +0.0100% | 4h | 0.5907 | long leg | $5.2M | $6.9M | 20x | |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5904 | −0.054% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5906 | −0.014% | $4.6M | $11.5M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Nado PONS-PERP
Hyperliquid PONS
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PONS | +0.0100% | 4h | 0.5898 | −0.145% | $1.2M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5911 | +0.074% | $34K | $317K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythosshort | +0.0100% | 4h | 0.5912 | +0.091% | $2K | $3K | 10x | |
| SunX PONS-USDT | +0.0100% | 4h | 0.5907 | −0.007% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5906 | −0.017% | $27K | $533K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5925 | +0.311% | $63K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5900 | −0.119% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5907 | +0.008% | $368 | — | 3x | as long as short |
| Lighter RH PONS | +0.0168% | 1h | 0.5906 | −0.010% | $400K | $2.5M | 3x | as long as short |
| BingX PONS-USDT | +0.0188% | 4h | 0.5906 | −0.017% | — | $3.2M | — | as long as short |
| Binance PONSUSDT | +0.0188% | 4h | 0.5906 | −0.017% | $38.4M | $99.3M | 20x | as long as short |
| MEXC PONS_USDT | +0.0190% | 4h | 0.5906 | −0.017% | $7.4M | $5.2M | 20x | as long as short |
| Extended PONS-USD | +0.0192% | 1h | 0.5905 | −0.030% | $89K | $535K | 5x | as long as short |
| edgeX PONSUSDC | +0.0207% | 4h | 0.5910 | +0.046% | $21K | $291K | 10x | as long as short |
| Aster PONSUSDT | +0.0216% | 4h | 0.5901 | −0.096% | $1.1M | $2.1M | 20x | as long as short |
| Pacifica PONS | +0.0279% | 1h | 0.5906 | −0.017% | $47K | $111K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0362% | 1h | 0.5906 | −0.014% | $51K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0431% | 4h | 0.5915 | +0.135% | $1.7M | $982K | 20x | as long as short |
| Lighter PONS | +0.1016% | 1h | 0.5913 | +0.095% | $1.7M | $851K | 3x | as long as short |
| Phoenix PONS | +0.1232% | 1h | 0.5911 | +0.073% | $27K | $80K | 3x | as long as short |
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Lighter RH PONS
BingX PONS-USDT
Binance PONSUSDT
MEXC PONS_USDT
Extended PONS-USD
edgeX PONSUSDC
Aster PONSUSDT
Pacifica PONS
Polymarket Perps PONS-USD
BloFin PONS-USDT
Lighter PONS
Phoenix PONS