Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.141%
Price spread now: ApeX Omni against Lighter RH+0.191%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1031.033% of the position
Funding, last 7 days−0.448%−$45 on $10k
+Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.191%, 7d avg +0.083%
=Together, before fees−0.606%+ Points / potential airdropLighter RH: Points live · farm board−$61 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.108% dearer against Lighter RH than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH PONS | 0.5931 | 0.0096 | pay 0.0012% / 1h | 54m 53s | $418K | $2.5M | 3x |
| Short | ApeX Omni PONSUSDT | 0.5942 | 0.0100 | get 0.0013% / 1h | 54m 53s | $34K | $335K | 5x |
Lighter RH PONS
ApeX Omni PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter RH. 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
- $0.84
- Price spread: +0.191% → +0.083%
- $10.76
- Slippage, 4 orders
- −$93.34
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$91.74
- Costs to cover
- 1.033%
- Break-even
- 771.5 days
Slippage from Lighter RH: live order book, 3 min ago; ApeX Omni: live order book, 58 min ago.
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 RH live order book, 3 min ago | 4.06 bp | 6.3 bp −$6 | 26.0 bp −$260 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 58 min ago | 6.63 bp | 70.6 bp −$71 | 135.3 bp −$1,353 | doesn't fit | doesn't fit |
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 | 0.5920 | −0.197% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.646% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONSlong | +0.0096% | 1h | 0.5931 | long leg | $418K | $2.5M | 3x | |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5927 | −0.071% | $21K | $417K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5929 | −0.037% | $69K | $130K | 5x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5924 | −0.121% | $5.2M | $6.2M | 20x | as long as short |
| ApeX Omni PONSUSDTshort | +0.0100% | 1h | 0.5942 | +0.191% | $34K | $335K | 5x | |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5938 | +0.121% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5932 | +0.008% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5933 | +0.024% | $26K | $545K | 3x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Nado PONS-PERP
Gate PONS_USDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | +0.0100% | 4h | 0.5940 | +0.150% | $64K | $513K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5932 | +0.013% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0240% | 1h | 0.5934 | +0.047% | $370 | — | 3x | as long as short |
| Hyperliquid PONS | +0.0352% | 1h | 0.5932 | +0.007% | $60.1M | $29.0M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0390% | 4h | 0.5928 | −0.054% | $13.5M | $54.8M | 20x | as long as short |
| Lighter PONS | +0.0424% | 1h | 0.5933 | +0.034% | $1.6M | $886K | 3x | as long as short |
| Aster PONSUSDT | +0.0515% | 4h | 0.5931 | −0.011% | $1.1M | $2.2M | 20x | as long as short |
| Variational Omni PONS | +0.0518% | 4h | 0.5941 | +0.173% | $1.4M | $4.1M | — | as long as short |
| Bitget PONSUSDT | +0.0550% | 4h | 0.5929 | −0.044% | $4.6M | $11.8M | 20x | as long as short |
| edgeX PONSUSDC | +0.0614% | 4h | 0.5937 | +0.094% | $18K | $292K | 10x | as long as short |
| MEXC PONS_USDT | +0.0620% | 4h | 0.5932 | +0.013% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0624% | 4h | 0.5930 | −0.021% | $38.8M | $94.8M | 20x | as long as short |
| Extended PONS-USD | +0.0624% | 1h | 0.5930 | −0.020% | $106K | $807K | 5x | as long as short |
| Pacifica PONS | +0.0715% | 1h | 0.5934 | +0.041% | $46K | $68K | 3x | as long as short |
| BingX PONS-USDT | +0.0738% | 4h | 0.5929 | −0.037% | — | $3.0M | — | as long as short |
| KuCoin PONSUSDTM | +0.0746% | 4h | 0.5937 | +0.089% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0793% | 1h | 0.5929 | −0.037% | $88K | $1.7M | 3x | as long as short |
| Bybit PONSUSDT | +0.0828% | 4h | 0.5927 | −0.071% | $17.8M | $31.0M | 20x | as long as short |
| BloFin PONS-USDT | +0.0864% | 4h | 0.5937 | +0.098% | $1.7M | $945K | 20x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.5915 | −0.271% | $45K | $121K | 3x | as long as short |
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Hyperliquid PONS
OKX PONS-USDT-SWAP
Lighter PONS
Aster PONSUSDT
Variational Omni PONS
Bitget PONSUSDT
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Pacifica PONS
BingX PONS-USDT
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
Bybit PONSUSDT
BloFin PONS-USDT
Phoenix PONS