Funding you earn now, next payment 04:00 UTC−0.0302%/8h= −33.1% APRpaid last 24h −0.020%
Price spread now: Nado against MEXC−0.100%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1091.089% of the position
Funding, last 3 days (all we have)−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.100%, 7d avg −0.001%
=Together, before fees+0.149%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Nado is 0.098% cheaper against MEXC than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PONS_USDT | 0.6022 | 0.0574 | pay 0.0287% / 4h | 26m 19s | $7.7M | $4.7M | 20x |
| Short | Nado PONS-PERP | 0.6016 | 0.0272 | get 0.0034% / 1h | 26m 19s | $70K | $129K | 5x |
MEXC PONS_USDT
Nado PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against MEXC. 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
- −$63.4
- Price spread: −0.100% → −0.001%
- −$9.84
- Slippage, 4 orders
- −$108.92
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Nado: 0 bp × 2 orders
- $0
- Net
- −$182.17
- Costs to cover
- 1.089%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Nado: live order book, 22 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 MEXC live order book, 1 min ago | 3.33 bp | 6.0 bp −$6 | 16.3 bp −$163 | 384.1 bp −$38.4K | doesn't fit |
| Sell Nado live order book, 22 min ago | 17.02 bp | 47.6 bp −$48 | doesn't fit | 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 | 0.6014 | −0.140% | $239K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.872% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6020 | −0.033% | $21K | $435K | 20x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.6006 | −0.266% | $5.3M | $6.3M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5958 | −1.059% | $34K | $348K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6034 | +0.194% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6010 | −0.193% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6008 | −0.239% | $26K | $535K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6013 | −0.146% | $65K | $512K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6002 | −0.332% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PONS | +0.0208% | 1h | 0.6016 | −0.103% | $1.7M | $884K | 3x | as long as short |
| Variational Omni PONS | +0.0215% | 4h | 0.5965 | −0.939% | $1.4M | $3.9M | — | as long as short |
| Aevo PONS-PERP | +0.0224% | 1h | 0.6032 | +0.161% | $376 | — | 3x | as long as short |
| Nado PONS-PERPshort | +0.0272% | 1h | 0.6016 | −0.100% | $70K | $129K | 5x | |
| OKX PONS-USDT-SWAP | +0.0312% | 4h | 0.6025 | +0.050% | $13.7M | $55.2M | 20x | as long as short |
| Lighter RH PONS | +0.0384% | 1h | 0.6020 | −0.040% | $407K | $2.5M | 3x | as long as short |
| Aster PONSUSDT | +0.0455% | 4h | 0.6018 | −0.064% | $1.1M | $2.1M | 20x | as long as short |
| Bybit PONSUSDT | +0.0462% | 4h | 0.6023 | +0.017% | $17.9M | $30.8M | 20x | as long as short |
| Bitget PONSUSDT | +0.0466% | 4h | 0.6025 | +0.051% | $4.6M | $11.5M | 20x | as long as short |
| BingX PONS-USDT | +0.0542% | 4h | 0.6028 | +0.100% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0568% | 4h | 0.5980 | −0.696% | $18K | $294K | 10x | as long as short |
| MEXC PONS_USDTlong | +0.0574% | 4h | 0.6022 | long leg | $7.7M | $4.7M | 20x | |
| Binance PONSUSDT | +0.0575% | 4h | 0.6024 | +0.026% | $39.4M | $95.0M | 20x | as long as short |
| Extended PONS-USD | +0.0576% | 1h | 0.6016 | −0.097% | $108K | $812K | 5x | as long as short |
| KuCoin PONSUSDTM | +0.0648% | 4h | 0.6023 | +0.010% | $1.6M | $3.7M | 20x | as long as short |
| Hyperliquid PONS | +0.0739% | 1h | 0.6027 | +0.080% | $61.6M | $28.2M | 3x | as long as short |
| BloFin PONS-USDT | +0.0815% | 4h | 0.6007 | −0.249% | $1.7M | $954K | 20x | as long as short |
| Pacifica PONS | +0.0859% | 1h | 0.6018 | −0.060% | $47K | $67K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0911% | 1h | 0.6023 | +0.020% | $70K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1736% | 1h | 0.5981 | −0.687% | $31K | $104K | 3x | as long as short |
Lighter PONS
Variational Omni PONS
Aevo PONS-PERP
OKX PONS-USDT-SWAP
Lighter RH PONS
Aster PONSUSDT
Bybit PONSUSDT
Bitget PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
Binance PONSUSDT
Extended PONS-USD
KuCoin PONSUSDTM
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS