PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.44 per $10,000 · paid last 24h −0.045%

Price spread now: Variational Omni against Gate+0.065%7-day average −0.002% · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.340%−$34 on $10k

Price spread, last 7 days−0.025%−$3 · spread now +0.065%, 7d avg −0.002%

Together, before fees−0.366%+ Points / potential airdropVariational Omni: Active · farm board−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.067% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.002%. Mind the row above: over the last 3 days funding on this pair cost −0.340%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PONS_USDT	0.5973	0.0100	pay 0.0050% / 4h	1h 21m	$5.2M	$6.3M	20x
Short	Variational Omni PONS	0.5977	0.0189	get 0.0094% / 4h	1h 21m	$1.4M	$3.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now +0.065%Rate

Funding earned: $18.67
Price spread: +0.065% → −0.002%: $6.74
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $10.41
Costs to cover: 0.150%
Break-even: 3.1 days

Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Gate live order book, 2 min ago	1.68 bp	25.7 bp −$26	268.8 bp −$2,688	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	5.06 bp	doesn't fit	37.1 bp −$371	doesn't fit	doesn't fit

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 +0.0033% / S −0.0033%	1h	0.5971	−0.025%	$236K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.059%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5988	+0.251%	$21K	$433K	20x	as long as short
Gate PONS_USDTlong	+0.0100%	4h	0.5973	long leg	$5.2M	$6.3M	20x
ApeX Omni PONSUSDT	+0.0100%	1h	0.5952	−0.352%	$33K	$352K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5991	+0.310%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5974	+0.010%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5987	+0.226%	$26K	$521K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5992	+0.323%	$64K	$508K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5981	+0.134%	$1.6M	$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
Variational Omni PONSshort	+0.0189%	4h	0.5977	+0.065%	$1.4M	$3.9M	—
Lighter RH PONS	+0.0192%	1h	0.5985	+0.201%	$409K	$2.5M	3x	as long as short
Aevo PONS-PERP	+0.0200%	1h	0.5984	+0.181%	$373	—	3x	as long as short
Nado PONS-PERP	+0.0220%	1h	0.5986	+0.217%	$70K	$129K	5x	as long as short
Lighter PONS	+0.0240%	1h	0.5985	+0.201%	$1.7M	$875K	3x	as long as short
OKX PONS-USDT-SWAP	+0.0297%	4h	0.5989	+0.268%	$13.7M	$54.4M	20x	as long as short
Aster PONSUSDT	+0.0396%	4h	0.5988	+0.253%	$1.1M	$2.1M	20x	as long as short
Bitget PONSUSDT	+0.0406%	4h	0.5993	+0.328%	$4.6M	$11.3M	20x	as long as short
KuCoin PONSUSDTM	+0.0426%	4h	0.5985	+0.199%	$1.7M	$3.7M	20x	as long as short
edgeX PONSUSDC	+0.0465%	4h	0.5921	−0.868%	$18K	$292K	10x	as long as short
MEXC PONS_USDT	+0.0484%	4h	0.5991	+0.301%	$7.6M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0484%	4h	0.5993	+0.335%	$39.2M	$94.0M	20x	as long as short
Extended PONS-USD	+0.0488%	1h	0.5989	+0.276%	$247K	$670K	5x	as long as short
BingX PONS-USDT	+0.0502%	4h	0.5995	+0.368%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0525%	4h	0.5989	+0.268%	$17.9M	$30.5M	20x	as long as short
Hyperliquid PONS	+0.0714%	1h	0.5992	+0.325%	$61.1M	$27.6M	3x	as long as short
BloFin PONS-USDT	+0.0724%	4h	0.5990	+0.285%	$1.7M	$959K	20x	as long as short
Pacifica PONS	+0.0755%	1h	0.5978	+0.092%	$47K	$72K	3x	as long as short
Polymarket Perps PONS-USD	+0.0815%	1h	0.5988	+0.243%	$51K	$1.6M	3x	as long as short
Phoenix PONS	+0.1639%	1h	0.5961	−0.196%	$31K	$98K	3x	as long as short