Funding you earn now, next payment 23:00 UTC+0.0133%/8h= +14.5% APRpaid last 24h +0.179%
Price spread now: BingX against Injective+0.276%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.276% dearer against Injective than usual: you sell high and buy low: +$28 more if the spread 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 | Injective PONS/USDC PERP | 0.5969 | 0.0033 | pay 0.0004% / 1h | 23m 17s | $614 | $10K | 5.5x |
| Short | BingX PONS-USDT | 0.5986 | 0.0166 | get 0.0083% / 4h | 1h 23m | — | $3.1M | — |
Injective PONS/USDC PERP
BingX PONS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $27.86
- Price spread: +0.276% → 0.000%
- $27.64
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $45.48
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 2 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 BingX live order book, 2 min ago | 2.50 bp | 13.1 bp −$13 | 37.4 bp −$374 | 146.2 bp −$14.6K | 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 −0.0034% | 1h | 0.5981 | +0.191% | $219K | — | 150x | as long as short |
| Injective PONS/USDC PERPlong | +0.0033% | 1h | 0.5969 | long leg | $614 | $10K | 5.5x | |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5989 | +0.327% | $19K | $438K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5986 | +0.276% | $17.9M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5985 | +0.260% | $13.5M | $56.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5988 | +0.317% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5990 | +0.352% | $4.7M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5961 | −0.138% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5994 | +0.415% | $35K | $350K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5995 | +0.429% | $3K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
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 | 0.5990 | +0.352% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5988 | +0.302% | $27K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6000 | +0.504% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5989 | +0.327% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5987 | +0.293% | $373 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0149% | 4h | 0.5992 | +0.384% | $1.1M | $2.2M | 20x | as long as short |
| BingX PONS-USDTshort | +0.0166% | 4h | 0.5986 | +0.276% | — | $3.1M | — | |
| edgeX PONSUSDC | +0.0174% | 4h | 0.5991 | +0.363% | $21K | $292K | 10x | as long as short |
| MEXC PONS_USDT | +0.0182% | 4h | 0.5988 | +0.310% | $7.7M | $4.9M | 20x | as long as short |
| Extended PONS-USD | +0.0192% | 1h | 0.5986 | +0.276% | $248K | $667K | 5x | as long as short |
| Binance PONSUSDT | +0.0192% | 4h | 0.5988 | +0.302% | $38.9M | $97.8M | 20x | as long as short |
| Nado PONS-PERP | +0.0236% | 1h | 0.5988 | +0.307% | $91K | $103K | 5x | as long as short |
| Lighter RH PONS | +0.0400% | 1h | 0.5991 | +0.358% | $423K | $2.7M | 3x | as long as short |
| BloFin PONS-USDT | +0.0432% | 4h | 0.5985 | +0.260% | $1.7M | $981K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5986 | +0.284% | $47K | $96K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0499% | 1h | 0.5991 | +0.360% | $37K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0678% | 1h | 0.5993 | +0.395% | $60.5M | $30.0M | 3x | as long as short |
| Lighter PONS | +0.0752% | 1h | 0.5989 | +0.325% | $1.7M | $998K | 3x | as long as short |
| Gate PONS_USDT | +0.1288% | 4h | 0.5984 | +0.243% | $5.2M | $6.5M | 20x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5990 | +0.338% | $30K | $96K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Aster PONSUSDT
edgeX PONSUSDC
MEXC PONS_USDT
Extended PONS-USD
Binance PONSUSDT
Nado PONS-PERP
Lighter RH PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Lighter PONS
Gate PONS_USDT
Phoenix PONS