Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.067%
Price spread now: Orderly against Nado−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.102% cheaper against Nado than usual: you would sell low and buy high, −$10 on $10k if it 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 | Nado PONS-PERP | 0.5800 | 0.0100 | pay 0.0012% / 1h | 22m 45s | $68K | $131K | 5x |
| Short | Orderly PERP_PONS_USDC_mythos | 0.5794 | 0.0100 | get 0.0050% / 4h | 2h 22m | $2K | $3K | 10x |
Nado PONS-PERP
Orderly PERP_PONS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.05
- Price spread: −0.102% → 0.000%
- −$10.17
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.22
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 16 min ago; Orderly: 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 Nado live order book, 16 min ago | 16.44 bp | 50.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 −0.0032% | 1h | 0.5787 | −0.222% | $230K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +2.922% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5814 | +0.241% | $413K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5804 | +0.069% | $21K | $429K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythosshort | +0.0100% | 4h | 0.5794 | −0.102% | $2K | $3K | 10x | |
| Nado PONS-PERPlong | +0.0100% | 1h | 0.5800 | long leg | $68K | $131K | 5x | |
| Gate PONS_USDT | +0.0100% | 4h | 0.5805 | +0.086% | $5.2M | $6.4M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5912 | +1.933% | $29K | $331K | 5x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5799 | −0.009% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5794 | −0.112% | $25K | $583K | 3x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
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 | 0.5806 | +0.102% | $63K | $525K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5790 | −0.172% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0224% | 1h | 0.5790 | −0.166% | $361 | — | 3x | as long as short |
| Hyperliquid PONS | +0.0224% | 1h | 0.5815 | +0.250% | $59.1M | $29.3M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0388% | 4h | 0.5828 | +0.483% | $13.2M | $55.0M | 20x | as long as short |
| Aster PONSUSDT | +0.0445% | 4h | 0.5807 | +0.113% | $1.1M | $2.2M | 20x | as long as short |
| Lighter PONS | +0.0568% | 1h | 0.5815 | +0.257% | $1.6M | $934K | 3x | as long as short |
| Binance PONSUSDT | +0.0578% | 4h | 0.5816 | +0.278% | $37.0M | $98.3M | 20x | as long as short |
| Extended PONS-USD | +0.0584% | 1h | 0.5805 | +0.078% | $99K | $818K | 5x | as long as short |
| MEXC PONS_USDT | +0.0584% | 4h | 0.5807 | +0.121% | $7.4M | $4.8M | 20x | as long as short |
| Bitget PONSUSDT | +0.0588% | 4h | 0.5817 | +0.302% | $4.6M | $12.1M | 20x | as long as short |
| Variational Omni PONS | +0.0613% | 4h | 0.5828 | +0.483% | $1.3M | $4.1M | — | as long as short |
| edgeX PONSUSDC | +0.0623% | 4h | 0.5888 | +1.517% | $20K | $294K | 10x | as long as short |
| Pacifica PONS | +0.0715% | 1h | 0.5801 | +0.023% | $44K | $69K | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0722% | 4h | 0.5809 | +0.164% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0745% | 1h | 0.5802 | +0.026% | $120K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0827% | 4h | 0.5793 | −0.121% | $1.7M | $926K | 20x | as long as short |
| BingX PONS-USDT | +0.0834% | 4h | 0.5815 | +0.259% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0939% | 4h | 0.5821 | +0.362% | $17.5M | $31.5M | 20x | as long as short |
| Phoenix PONS | +0.1719% | 1h | 0.5822 | +0.384% | $44K | $121K | 3x | as long as short |
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Hyperliquid PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
Lighter PONS
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Bitget PONSUSDT
Variational Omni PONS
edgeX PONSUSDC
Pacifica PONS
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
BloFin PONS-USDT
BingX PONS-USDT
Bybit PONSUSDT
Phoenix PONS