Funding you earn now, next payment 01:00 UTC−0.0240%/8h= −26.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.235%
Price spread now: Aevo against Lighter−0.010%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PONS | 0.6096 | 0.0416 | pay 0.0052% / 1h | 15m 41s | $1.7M | $933K | 3x |
| Short | Aevo PONS-PERP | 0.6095 | 0.0176 | get 0.0022% / 1h | 15m 41s | $380 | — | 3x |
Lighter PONS
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- −$50.4
- Price spread: −0.010% → 0.000%
- −$0.98
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$67.38
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 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 Lighter live order book, 6 min ago | 3.53 bp | 4.8 bp −$5 | 12.1 bp −$121 | 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 +0.0033% / S −0.0033% | 1h | 0.6082 | −0.223% | $241K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −2.069% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6095 | −0.010% | $429K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6091 | −0.075% | $20K | $415K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6089 | −0.116% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6093 | −0.036% | $33K | $358K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6099 | +0.049% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6102 | +0.110% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6093 | −0.034% | $28K | $544K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6094 | −0.025% | $65K | $510K | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.6093 | −0.043% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0176% | 1h | 0.6095 | −0.010% | $380 | — | 3x | |
| OKX PONS-USDT-SWAP | +0.0186% | 4h | 0.6101 | +0.089% | $13.9M | $56.5M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0200% | 4h | 0.6100 | +0.069% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0266% | 4h | 0.6102 | +0.107% | $4.8M | $11.4M | 20x | as long as short |
| Aster PONSUSDT | +0.0293% | 4h | 0.6096 | +0.011% | $1.1M | $2.1M | 20x | as long as short |
| MEXC PONS_USDT | +0.0364% | 4h | 0.6100 | +0.072% | $7.9M | $4.8M | 20x | as long as short |
| Extended PONS-USD | +0.0368% | 1h | 0.6098 | +0.041% | $252K | $678K | 5x | as long as short |
| Binance PONSUSDT | +0.0374% | 4h | 0.6097 | +0.025% | $40.1M | $96.3M | 20x | as long as short |
| edgeX PONSUSDC | +0.0379% | 4h | 0.6082 | −0.227% | $21K | $293K | 10x | as long as short |
| Lighter PONSlong | +0.0416% | 1h | 0.6096 | long leg | $1.7M | $933K | 3x | |
| BingX PONS-USDT | +0.0560% | 4h | 0.6103 | +0.121% | — | $3.1M | — | as long as short |
| BloFin PONS-USDT | +0.0604% | 4h | 0.6096 | +0.007% | $1.8M | $990K | 20x | as long as short |
| Bybit PONSUSDT | +0.0609% | 4h | 0.6100 | +0.072% | $18.3M | $30.9M | 20x | as long as short |
| Nado PONS-PERP | +0.0614% | 1h | 0.6097 | +0.023% | $105K | $115K | 5x | as long as short |
| Pacifica PONS | +0.0665% | 1h | 0.6099 | +0.058% | $48K | $78K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0768% | 1h | 0.6093 | −0.043% | $45K | $1.6M | 3x | as long as short |
| Gate PONS_USDT | +0.0830% | 4h | 0.6093 | −0.043% | $5.3M | $6.2M | 20x | as long as short |
| Hyperliquid PONS | +0.0868% | 1h | 0.6098 | +0.033% | $62.0M | $29.1M | 3x | as long as short |
| Phoenix PONS | +0.1608% | 1h | 0.6094 | −0.031% | $32K | $113K | 3x | as long as short |
Phemex PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
MEXC PONS_USDT
Extended PONS-USD
Binance PONSUSDT
edgeX PONSUSDC
BingX PONS-USDT
BloFin PONS-USDT
Bybit PONSUSDT
Nado PONS-PERP
Pacifica PONS
Polymarket Perps PONS-USD
Gate PONS_USDT
Hyperliquid PONS
Phoenix PONS