PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.022%

Price spread now: ApeX Omni against Injective−1.044%7-day average — · you buy dearer than you sell

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

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 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 pays, the price is against you. ApeX Omni is 1.044% cheaper against Injective than usual: you would sell low and buy high (spread −1.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$104 on $10k: about 52 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PONS/USDC PERP	0.5969	0.0033	pay 0.0004% / 1h	38m 13s	$614	$10K	5.5x
Short	ApeX Omni PONSUSDT	0.5907	0.0100	get 0.0013% / 1h	38m 13s	$34K	$335K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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 InjectivebpFee ApeX OmnibpOrdersPrice spread, now −1.044%Rate

Funding earned: $14
Price spread: −1.044% → 0.000%: −$104.36
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$100.38
Costs to cover: 0.100%
Break-even: 57.2 days

Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 9 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 Injective no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 9 min ago	32.31 bp	71.0 bp −$71	150.3 bp −$1,503	doesn't fit	doesn't fit

Injective: 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 −0.0032%	1h	0.5882	−1.466%	$234K	—	150x	as long as short
Injective PONS/USDC PERPlong	+0.0033%	1h	0.5969	long leg	$614	$10K	5.5x
Lighter RH PONS	+0.0096%	1h	0.5892	−1.305%	$416K	$2.5M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5889	−1.349%	$21K	$418K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5888	−1.365%	$69K	$130K	5x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.5891	−1.315%	$5.2M	$6.2M	20x	as long as short
ApeX Omni PONSUSDTshort	+0.0100%	1h	0.5907	−1.044%	$34K	$335K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5892	−1.297%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5886	−1.394%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5892	−1.305%	$25K	$547K	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PONS-USDT	+0.0100%	4h	0.5909	−1.005%	$64K	$513K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5897	−1.215%	$1.6M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.5878	−1.535%	$366	—	3x	as long as short
Hyperliquid PONS	+0.0240%	1h	0.5889	−1.347%	$59.9M	$29.1M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0369%	4h	0.5894	−1.265%	$13.3M	$54.5M	20x	as long as short
Aster PONSUSDT	+0.0473%	4h	0.5890	−1.336%	$1.1M	$2.2M	20x	as long as short
Variational Omni PONS	+0.0551%	4h	0.5915	−0.912%	$1.4M	$4.1M	—	as long as short
Bitget PONSUSDT	+0.0560%	4h	0.5895	−1.246%	$4.7M	$11.8M	20x	as long as short
Lighter PONS	+0.0576%	1h	0.5895	−1.256%	$1.6M	$886K	3x	as long as short
Extended PONS-USD	+0.0592%	1h	0.5888	−1.362%	$105K	$807K	5x	as long as short
Binance PONSUSDT	+0.0592%	4h	0.5897	−1.214%	$38.6M	$94.9M	20x	as long as short
MEXC PONS_USDT	+0.0594%	4h	0.5891	−1.315%	$7.4M	$4.7M	20x	as long as short
edgeX PONSUSDC	+0.0627%	4h	0.5923	−0.775%	$20K	$294K	10x	as long as short
Pacifica PONS	+0.0715%	1h	0.5884	−1.439%	$46K	$68K	3x	as long as short
KuCoin PONSUSDTM	+0.0732%	4h	0.5890	−1.337%	$1.6M	$3.8M	20x	as long as short
Polymarket Perps PONS-USD	+0.0781%	1h	0.5890	−1.332%	$115K	$1.7M	3x	as long as short
BingX PONS-USDT	+0.0808%	4h	0.5892	−1.298%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0810%	4h	0.5896	−1.231%	$17.7M	$31.0M	20x	as long as short
BloFin PONS-USDT	+0.0835%	4h	0.5880	−1.499%	$1.7M	$936K	20x	as long as short
Phoenix PONS	+0.1719%	1h	0.5922	−0.802%	$45K	$121K	3x	as long as short