Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against HTX+0.067%76s7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$405as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4054.051% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.067%, 7d avg +0.062%
Together, before fees−0.248%−$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PONS-USDT0.59510.0100pay 0.0050% / 4h3h 12m$65K$512K20x
ShortApeX Omni PONSUSDT0.59560.0100get 0.0013% / 1h12m 12s$34K$339K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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

Funding earned
$0
Price spread: +0.067% → +0.062%
$0.52
Slippage, 4 orders
−$383.08
Fee HTX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$404.56
Costs to cover
4.051%
Break-even
never at this rate
Slippage from HTX: live order book, 41 min ago; ApeX Omni: live order book, 40 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 41 min ago40.47 bp159.7 bp −$160doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 40 min ago6.63 bp70.6 bp −$71135.3 bp −$1,353doesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0032%1h0.5930−0.355%$236K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969+0.302%$614$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.5940−0.195%$419K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.5936−0.260%$21K$417K20xas long as short
Nado PONS-PERP+0.0100%1h0.5937−0.244%$69K$130K5xas long as short
ApeX Omni PONSUSDTshort+0.0100%1h0.5956+0.067%$34K$339K5x
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5945−0.118%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.5939−0.210%$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5943−0.143%$26K$537K3xas long as short
HTX PONS-USDTlong+0.0100%4h0.5951long leg$65K$512K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.5945−0.109%$1.6M$3.2M20xas long as short
Aevo PONS-PERP+0.0232%1h0.5938−0.220%$3703xas long as short
OKX PONS-USDT-SWAP+0.0358%4h0.5945−0.109%$13.5M$54.4M20xas long as short
Variational Omni PONS+0.0455%4h0.5941−0.169%$1.4M$4.0Mas long as short
Lighter PONS+0.0464%1h0.5940−0.193%$1.6M$894K3xas long as short
Hyperliquid PONS+0.0481%1h0.5935−0.272%$60.7M$28.1M3xas long as short
Gate PONS_USDT+0.0502%4h0.5936−0.260%$5.2M$6.2M20xas long as short
Aster PONSUSDT+0.0515%4h0.5939−0.214%$1.1M$2.2M20xas long as short
Bitget PONSUSDT+0.0536%4h0.5938−0.225%$4.6M$11.6M20xas long as short
Extended PONS-USD+0.0608%1h0.5936−0.253%$106K$807K5xas long as short
MEXC PONS_USDT+0.0610%4h0.5942−0.160%$7.5M$4.7M20xas long as short
Binance PONSUSDT+0.0611%4h0.5940−0.194%$38.9M$94.1M20xas long as short
edgeX PONSUSDC+0.0635%4h0.5932−0.320%$18K$294K10xas long as short
KuCoin PONSUSDTM+0.0728%4h0.5936−0.262%$1.6M$3.8M20xas long as short
Bybit PONSUSDT+0.0729%4h0.5941−0.176%$17.7M$30.5M20xas long as short
Polymarket Perps PONS-USD+0.0734%1h0.5935−0.276%$81K$1.7M3xas long as short
BingX PONS-USDT+0.0836%4h0.5946−0.092%$3.0Mas long as short
BloFin PONS-USDT+0.0851%4h0.5949−0.042%$1.8M$946K20xas long as short
Pacifica PONS+0.1081%1h0.5940−0.191%$46K$68K3xas long as short
Phoenix PONS+0.1586%1h0.5990+0.647%$45K$109K3xas long as short