Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against HTX−0.526%7-day average — · you buy dearer than you sell
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 0.526% cheaper against HTX than usual: you would sell low and buy high, −$53 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 | HTX PONS-USDT | 0.6045 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $64K | $508K | 20x |
| Short | Orderly PERP_PONS_USDC_mythos | 0.6014 | 0.0100 | get 0.0050% / 4h | 1h 17m | $2K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against HTX. 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: −0.526% → 0.000%
- −$52.6
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$70.6
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 46 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 HTX live order book, 46 min ago | 29.48 bp | 166.7 bp −$167 | doesn't fit | 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 +0.0033% / S −0.0033% | 1h | 0.6004 | −0.675% | $238K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.254% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6024 | −0.352% | $21K | $434K | 20x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.6005 | −0.667% | $5.2M | $6.3M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5984 | −1.021% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythosshort | +0.0100% | 4h | 0.6014 | −0.526% | $2K | $3K | 10x | |
| SunX PONS-USDT | +0.0100% | 4h | 0.6020 | −0.417% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6015 | −0.501% | $26K | $527K | 3x | as long as short |
| HTX PONS-USDTlong | +0.0100% | 4h | 0.6045 | long leg | $64K | $508K | 20x | |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6014 | −0.518% | $1.7M | $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 PONS | +0.0189% | 4h | 0.5977 | −1.132% | $1.4M | $3.9M | — | as long as short |
| Aevo PONS-PERP | +0.0208% | 1h | 0.6007 | −0.628% | $374 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0209% | 1h | 0.6022 | −0.385% | $71K | $129K | 5x | as long as short |
| Lighter RH PONS | +0.0216% | 1h | 0.6018 | −0.452% | $415K | $2.5M | 3x | as long as short |
| Lighter PONS | +0.0296% | 1h | 0.6018 | −0.452% | $1.7M | $875K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0298% | 4h | 0.6022 | −0.385% | $13.6M | $54.9M | 20x | as long as short |
| Bitget PONSUSDT | +0.0406% | 4h | 0.6022 | −0.390% | $4.7M | $11.3M | 20x | as long as short |
| Aster PONSUSDT | +0.0421% | 4h | 0.6011 | −0.570% | $1.1M | $2.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0430% | 4h | 0.6017 | −0.475% | $1.7M | $3.7M | 20x | as long as short |
| BingX PONS-USDT | +0.0488% | 4h | 0.6029 | −0.270% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0498% | 4h | 0.6025 | −0.336% | $18.0M | $30.6M | 20x | as long as short |
| Extended PONS-USD | +0.0504% | 1h | 0.6016 | −0.477% | $249K | $671K | 5x | as long as short |
| MEXC PONS_USDT | +0.0506% | 4h | 0.6019 | −0.435% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0508% | 4h | 0.6029 | −0.270% | $39.5M | $94.3M | 20x | as long as short |
| edgeX PONSUSDC | +0.0511% | 4h | 0.6000 | −0.744% | $18K | $293K | 10x | as long as short |
| Hyperliquid PONS | +0.0727% | 1h | 0.6022 | −0.384% | $61.3M | $27.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0748% | 4h | 0.6026 | −0.319% | $1.7M | $967K | 20x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.6017 | −0.470% | $47K | $70K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0833% | 1h | 0.6018 | −0.452% | $68K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.5961 | −1.390% | $31K | $98K | 3x | as long as short |
HTX PONS-USDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
Phemex PONSUSDT
Variational Omni PONS
Lighter RH PONS
Lighter PONS
OKX PONS-USDT-SWAP
Bitget PONSUSDT
Aster PONSUSDT
KuCoin PONSUSDTM
BingX PONS-USDT
Bybit PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
edgeX PONSUSDC
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS