Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.022%
Price spread now: SunX against Injective+0.213%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 +$2 a day on $10k at the current rate, and SunX is 0.213% dearer against Injective than usual: you sell high and buy low: +$21 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 | 41m 15s | $614 | $10K | 5.5x |
| Short | SunX PONS-USDT | 0.5982 | 0.0100 | get 0.0050% / 4h | 1h 41m | — | $1.3M | 10x |
Injective PONS/USDC PERP
SunX PONS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $14
- Price spread: +0.213% → 0.000%
- $21.27
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $27.25
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago | 104.62 bp | 124.7 bp −$125 | doesn't fit | 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 −0.0033% | 1h | 0.5973 | +0.063% | $237K | — | 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 | 0.5984 | +0.243% | $20K | $424K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5998 | +0.482% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5981 | +0.189% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDTshort | +0.0100% | 4h | 0.5982 | +0.213% | — | $1.3M | 10x | |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5975 | +0.099% | $26K | $516K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5984 | +0.240% | $64K | $507K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5983 | +0.226% | $1.6M | $3.2M | 20x | as long as short |
| Variational Omni PONS | +0.0105% | 4h | 0.5961 | −0.143% | $1.4M | $3.9M | — | as long as short |
gTrade (Gains Network) PONS/USD
Popdex PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Variational Omni PONSShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0120% | 1h | 0.5977 | +0.126% | $419K | $2.5M | 3x | as long as short |
| Lighter PONS | +0.0184% | 1h | 0.5980 | +0.183% | $1.6M | $875K | 3x | as long as short |
| Aevo PONS-PERP | +0.0200% | 1h | 0.5978 | +0.142% | $372 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0237% | 1h | 0.5982 | +0.206% | $70K | $129K | 5x | as long as short |
| OKX PONS-USDT-SWAP | +0.0287% | 4h | 0.5985 | +0.260% | $13.6M | $54.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0344% | 4h | 0.5975 | +0.095% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0388% | 4h | 0.5988 | +0.312% | $4.7M | $11.2M | 20x | as long as short |
| Aster PONSUSDT | +0.0425% | 4h | 0.5980 | +0.174% | $1.1M | $2.0M | 20x | as long as short |
| Gate PONS_USDT | +0.0438% | 4h | 0.5980 | +0.176% | $5.2M | $6.2M | 20x | as long as short |
| edgeX PONSUSDC | +0.0463% | 4h | 0.6005 | +0.601% | $18K | $291K | 10x | as long as short |
| MEXC PONS_USDT | +0.0478% | 4h | 0.5979 | +0.159% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0479% | 4h | 0.5977 | +0.128% | $39.1M | $93.7M | 20x | as long as short |
| Extended PONS-USD | +0.0480% | 1h | 0.5974 | +0.075% | $248K | $670K | 5x | as long as short |
| BingX PONS-USDT | +0.0480% | 4h | 0.5982 | +0.209% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0493% | 4h | 0.5974 | +0.075% | $17.9M | $30.3M | 20x | as long as short |
| Hyperliquid PONS | +0.0714% | 1h | 0.5982 | +0.216% | $61.0M | $27.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0719% | 4h | 0.5984 | +0.243% | $1.7M | $953K | 20x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.5981 | +0.195% | $47K | $72K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0795% | 1h | 0.5987 | +0.290% | $49K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.6004 | +0.578% | $31K | $98K | 3x | as long as short |
Lighter RH PONS
Lighter PONS
Aevo PONS-PERP
Nado PONS-PERP
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
Gate PONS_USDT
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
BingX PONS-USDT
Bybit PONSUSDT
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS