Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.066%
Price spread now: SoDEX against Nado+0.273%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1981.979% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.166%−$17 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.273%, 7d avg +0.006%
Together, before fees−0.313%+ Points / potential airdropNado: Active · farm board−$31 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: SoDEX is 0.266% dearer against Nado than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado PONS-PERP0.62070.0100pay 0.0012% / 1h51m 41s$73K$130K5x
ShortSoDEX PONS-USD0.62240.0100get 0.0013% / 1h51m 41s$26K$613K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.273% → +0.006%
$26.61
Slippage, 4 orders
−$189.92
Fee Nado: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$171.31
Costs to cover
1.979%
Break-even
17599783803594824.0 days
Slippage from Nado: live order book, 37 min ago; SoDEX: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 37 min ago14.91 bp41.4 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell SoDEX live order book, 47 min ago1.60 bp61.4 bp −$61doesn't fitdoesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0030%1h0.6214+0.115%$243K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5938−4.327%$610$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6211+0.063%$23K$436K20xas long as short
Nado PONS-PERPlong+0.0100%1h0.6207long leg$73K$130K5x
ApeX Omni PONSUSDT+0.0100%1h0.6232+0.403%$31K$294K5xas long as short
Polymarket Perps PONS-USD+0.0100%1h0.6196−0.187%$72K$2.3M3xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6222+0.234%$2K$4K10xas long as short
SunX PONS-USDT+0.0100%4h0.6202−0.084%$1.2M10xas long as short
SoDEX PONS-USDshort+0.0100%1h0.6224+0.273%$26K$613K3x
HTX PONS-USDT+0.0100%4h0.6247+0.646%$66K$534K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.6221+0.224%$1.7M$3.2M20xas long as short
Aevo PONS-PERP+0.0232%1h0.6221+0.227%$3883xas long as short
Hyperliquid PONS+0.0261%1h0.6222+0.239%$63.7M$30.7M3xas long as short
Lighter RH PONS+0.0264%1h0.6221+0.227%$420K$2.7M3xas long as short
OKX PONS-USDT-SWAP+0.0385%4h0.6214+0.111%$14.1M$60.9M20xas long as short
Aster PONSUSDT+0.0439%4h0.6216+0.146%$1.1M$2.3M20xas long as short
KuCoin PONSUSDTM+0.0482%4h0.6223+0.250%$1.6M$4.0M20xas long as short
Variational Omni PONS+0.0516%4h0.6215+0.135%$1.6M$4.3Mas long as short
Extended PONS-USD+0.0616%1h0.6217+0.167%$104K$825K5xas long as short
MEXC PONS_USDT+0.0618%4h0.6222+0.240%$7.9M$4.6M20xas long as short
Binance PONSUSDT+0.0622%4h0.6220+0.208%$40.7M$104.3M20xas long as short
edgeX PONSUSDC+0.0633%4h0.6234+0.437%$21K$291K10xas long as short
Bitget PONSUSDT+0.0688%4h0.6223+0.256%$5.0M$13.1M20xas long as short
Pacifica PONS+0.0853%1h0.6221+0.222%$47K$77K3xas long as short
BloFin PONS-USDT+0.0862%4h0.6229+0.353%$1.8M$1.1M20xas long as short
Lighter PONS+0.1080%1h0.6223+0.264%$1.7M$867K3xas long as short
Bybit PONSUSDT+0.1279%4h0.6218+0.176%$18.7M$32.9M20xas long as short
Gate PONS_USDT+0.1692%4h0.6217+0.160%$5.4M$6.3M20xas long as short
Phoenix PONS+0.1714%1h0.6261+0.870%$48K$159K3xas long as short
BingX PONS-USDT+0.2020%4h0.6218+0.176%$3.3Mas long as short