Funding you earn now, next payment 03:00 UTC+0.0482%/8h= +52.8% APRpaid last 24h +0.090%
Price spread now: BloFin against Nado+0.077%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1281.279% of the position
Funding, last 3 days (all we have)+0.376%+$38 on $10k
+Price spread, last 4 days (all we have)+0.480%+$48 · spread now +0.077%, 7d avg +0.058%
=Together, before fees+0.856%+ Points / potential airdropNado: Active · farm board+$86 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PONS-PERP | 0.5988 | 0.0232 | pay 0.0029% / 1h | 38m 54s | $70K | $129K | 5x |
| Short | BloFin PONS-USDT | 0.5993 | 0.0714 | get 0.0357% / 4h | 1h 38m | $1.7M | $954K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Nado. 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
- $101.32
- Price spread: +0.077% → +0.058%
- $1.88
- Slippage, 4 orders
- −$115.92
- Fee Nado: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.72
- Costs to cover
- 1.279%
- Break-even
- 8.7 days
Slippage from Nado: live order book, 15 min ago; BloFin: live order book, 4 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 Nado live order book, 15 min ago | 17.50 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.50 bp | 18.7 bp −$19 | 43.6 bp −$436 | 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 −0.0033% | 1h | 0.5980 | −0.133% | $237K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.315% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5987 | −0.023% | $20K | $424K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5998 | +0.166% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5994 | +0.085% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5983 | −0.097% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5986 | −0.040% | $26K | $517K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5987 | −0.016% | $64K | $507K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5987 | −0.023% | $1.6M | $3.2M | 20x | as long as short |
| Variational Omni PONS | +0.0106% | 4h | 0.5978 | −0.168% | $1.4M | $3.9M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0184% | 1h | 0.5987 | −0.016% | $420K | $2.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0200% | 1h | 0.5979 | −0.161% | $372 | — | 3x | as long as short |
| Nado PONS-PERPlong | +0.0232% | 1h | 0.5988 | long leg | $70K | $129K | 5x | |
| Lighter PONS | +0.0272% | 1h | 0.5987 | −0.031% | $1.7M | $875K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0286% | 4h | 0.5974 | −0.240% | $13.6M | $54.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0342% | 4h | 0.5973 | −0.254% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0386% | 4h | 0.5973 | −0.260% | $4.6M | $11.3M | 20x | as long as short |
| Gate PONS_USDT | +0.0414% | 4h | 0.5974 | −0.240% | $5.2M | $6.2M | 20x | as long as short |
| Aster PONSUSDT | +0.0420% | 4h | 0.5981 | −0.120% | $1.1M | $2.0M | 20x | as long as short |
| Extended PONS-USD | +0.0472% | 1h | 0.5988 | −0.006% | $248K | $670K | 5x | as long as short |
| MEXC PONS_USDT | +0.0472% | 4h | 0.5974 | −0.240% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0474% | 4h | 0.5973 | −0.257% | $39.1M | $93.8M | 20x | as long as short |
| BingX PONS-USDT | +0.0480% | 4h | 0.5973 | −0.257% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0493% | 4h | 0.5986 | −0.043% | $18K | $292K | 10x | as long as short |
| Bybit PONSUSDT | +0.0495% | 4h | 0.5970 | −0.307% | $17.9M | $30.3M | 20x | as long as short |
| BloFin PONS-USDTshort | +0.0714% | 4h | 0.5993 | +0.077% | $1.7M | $954K | 20x | |
| Hyperliquid PONS | +0.0724% | 1h | 0.5990 | +0.034% | $61.0M | $27.7M | 3x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.5981 | −0.130% | $47K | $72K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0809% | 1h | 0.5985 | −0.050% | $49K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.6004 | +0.261% | $31K | $98K | 3x | as long as short |
BloFin PONS-USDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Variational Omni PONS
Lighter RH PONS
Lighter PONS
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Gate PONS_USDT
Aster PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
Bybit PONSUSDT
Hyperliquid PONS
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS