Funding you earn now, next payment 22:00 UTC−0.0384%/8h= −42.0% APRpaid last 24h −0.128%
Price spread now: Aster against Hyperliquid−0.228%7-day average −0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.310%−$31 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now −0.228%, 7d avg −0.063%
=Together, before fees−0.205%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.165% cheaper against Hyperliquid than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PONS | 0.5828 | 0.0557 | pay 0.0070% / 1h | 42m 37s | $58.2M | $30.0M | 3x |
| Short | Aster PONSUSDT | 0.5814 | 0.0174 | get 0.0087% / 4h | 2h 42m | $1.1M | $2.2M | 20x |
Hyperliquid PONS
Aster PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Hyperliquid. 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
- −$80.54
- Price spread: −0.228% → −0.063%
- −$16.5
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$114.04
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Aster: live order book, 1 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 Hyperliquid live order book, 11 min ago | 0.76 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 4.04 bp | 11.1 bp −$11 | 38.7 bp −$387 | 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 +0.0032% / S −0.0034% | 1h | 0.5816 | −0.193% | $213K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | +1.579% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5826 | −0.027% | $20K | $452K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5823 | −0.079% | $17.5M | $31.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5822 | −0.096% | $13.3M | $55.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5824 | −0.060% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5825 | −0.048% | $4.6M | $11.7M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5813 | −0.250% | $1.3M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5808 | −0.341% | $34K | $328K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5818 | −0.158% | $2K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5827 | −0.007% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5824 | −0.055% | $26K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5825 | −0.048% | $63K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5825 | −0.045% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0112% | 1h | 0.5811 | −0.287% | $362 | — | 3x | as long as short |
| Gate PONS_USDT | +0.0126% | 4h | 0.5823 | −0.079% | $5.1M | $6.8M | 20x | as long as short |
| MEXC PONS_USDT | +0.0134% | 4h | 0.5828 | +0.007% | $7.4M | $5.2M | 20x | as long as short |
| Extended PONS-USD | +0.0136% | 1h | 0.5825 | −0.038% | $104K | $532K | 5x | as long as short |
| Lighter RH PONS | +0.0144% | 1h | 0.5828 | +0.005% | $389K | $2.6M | 3x | as long as short |
| Binance PONSUSDT | +0.0146% | 4h | 0.5830 | +0.041% | $37.9M | $98.3M | 20x | as long as short |
| BingX PONS-USDT | +0.0156% | 4h | 0.5823 | −0.079% | — | $3.1M | — | as long as short |
| Nado PONS-PERP | +0.0157% | 1h | 0.5822 | −0.094% | $88K | $103K | 5x | as long as short |
| edgeX PONSUSDC | +0.0158% | 4h | 0.5808 | −0.340% | $20K | $294K | 10x | as long as short |
| Aster PONSUSDTshort | +0.0174% | 4h | 0.5814 | −0.228% | $1.1M | $2.2M | 20x | |
| Polymarket Perps PONS-USD | +0.0321% | 1h | 0.5823 | −0.082% | $38K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0375% | 4h | 0.5826 | −0.027% | $1.7M | $957K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5826 | −0.029% | $46K | $102K | 3x | as long as short |
| Hyperliquid PONSlong | +0.0557% | 1h | 0.5828 | long leg | $58.2M | $30.0M | 3x | |
| Lighter PONS | +0.0816% | 1h | 0.5827 | −0.012% | $1.7M | $881K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5873 | +0.782% | $27K | $86K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Gate PONS_USDT
MEXC PONS_USDT
Extended PONS-USD
Lighter RH PONS
Binance PONSUSDT
BingX PONS-USDT
Nado PONS-PERP
edgeX PONSUSDC
Polymarket Perps PONS-USD
BloFin PONS-USDT
Pacifica PONS
Lighter PONS
Phoenix PONS