Funding you earn now, next payment 22:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.067%
Price spread now: Aevo against KuCoin+0.089%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.089% dearer against KuCoin than usual: you sell high and buy low: +$9 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 | KuCoin PONSUSDTM | 0.5903 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $1.7M | $3.7M | 20x |
| Short | Aevo PONS-PERP | 0.5908 | 0.0128 | get 0.0016% / 1h | 25m 34s | $368 | — | 3x |
KuCoin PONSUSDTM
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against KuCoin. 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
- $5.88
- Price spread: +0.089% → 0.000%
- $8.91
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$13.21
- Costs to cover
- 0.280%
- Break-even
- 22.7 days
Slippage unknown: KuCoin: live order book, 2 min ago; Aevo: 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 KuCoin live order book, 2 min ago | 6.69 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 +0.0032% / S −0.0034% | 1h | 0.5900 | −0.045% | $216K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | +0.281% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5902 | −0.017% | $21K | $446K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5906 | +0.056% | $89K | $103K | 5x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5899 | −0.068% | $17.6M | $31.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5901 | −0.034% | $13.4M | $56.1M | 20x | as long as short |
| KuCoin PONSUSDTMlong | +0.0100% | 4h | 0.5903 | long leg | $1.7M | $3.7M | 20x | |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5904 | +0.022% | $4.6M | $11.7M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5903 | +0.004% | $1.3M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5907 | +0.063% | $34K | $332K | 5x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Nado PONS-PERP
Bybit PONSUSDT
OKX PONS-USDT-SWAP
Bitget PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5916 | +0.222% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5908 | +0.086% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5907 | +0.069% | $27K | $549K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5913 | +0.166% | $64K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5899 | −0.068% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0128% | 1h | 0.5908 | +0.089% | $368 | — | 3x | |
| BingX PONS-USDT | +0.0182% | 4h | 0.5902 | −0.017% | — | $3.1M | — | as long as short |
| Binance PONSUSDT | +0.0183% | 4h | 0.5903 | 0.000% | $38.4M | $98.3M | 20x | as long as short |
| Extended PONS-USD | +0.0184% | 1h | 0.5903 | +0.003% | $105K | $533K | 5x | as long as short |
| MEXC PONS_USDT | +0.0184% | 4h | 0.5903 | 0.000% | $7.5M | $5.2M | 20x | as long as short |
| edgeX PONSUSDC | +0.0199% | 4h | 0.5907 | +0.076% | $21K | $292K | 10x | as long as short |
| Aster PONSUSDT | +0.0208% | 4h | 0.5905 | +0.035% | $1.1M | $2.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0344% | 1h | 0.5908 | +0.091% | $38K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0424% | 4h | 0.5909 | +0.102% | $1.7M | $967K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5904 | +0.013% | $47K | $103K | 3x | as long as short |
| Hyperliquid PONS | +0.0503% | 1h | 0.5906 | +0.044% | $59.1M | $30.1M | 3x | as long as short |
| Gate PONS_USDT | +0.0580% | 4h | 0.5901 | −0.034% | $5.2M | $6.8M | 20x | as long as short |
| Lighter RH PONS | +0.0640% | 1h | 0.5905 | +0.036% | $396K | $2.6M | 3x | as long as short |
| Lighter PONS | +0.1080% | 1h | 0.5909 | +0.110% | $1.7M | $882K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5912 | +0.147% | $27K | $86K | 3x | as long as short |
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
BingX PONS-USDT
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
edgeX PONSUSDC
Aster PONSUSDT
Polymarket Perps PONS-USD
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Gate PONS_USDT
Lighter RH PONS
Lighter PONS
Phoenix PONS