Funding you earn now, next payment 04:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.006%
Price spread now: Aevo against OKX−0.126%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.126% cheaper against OKX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PONS-USDT-SWAP | 0.5988 | 0.0312 | pay 0.0156% / 4h | 28m 25s | $13.6M | $54.8M | 20x |
| Short | Aevo PONS-PERP | 0.5980 | 0.0224 | get 0.0028% / 1h | 28m 25s | $373 | — | 3x |
OKX PONS-USDT-SWAP
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against OKX. 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
- −$18.53
- Price spread: −0.126% → 0.000%
- −$12.58
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$57.11
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Aevo: 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 OKX live order book, 5 min ago | 0.84 bp | 10.7 bp −$11 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | 0.5982 | −0.095% | $238K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.309% | $614 | $10K | 5.5x | as long as short |
| Lighter PONS | +0.0096% | 1h | 0.5964 | −0.401% | $1.6M | $884K | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5966 | −0.367% | $20K | $435K | 20x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5981 | −0.117% | $5.3M | $6.3M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6004 | +0.266% | $34K | $349K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5991 | +0.057% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5968 | −0.326% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5989 | +0.025% | $26K | $534K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5992 | +0.063% | $65K | $512K | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter PONS
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.5967 | −0.351% | $1.6M | $3.2M | 20x | as long as short |
| Variational Omni PONS | +0.0215% | 4h | 0.5965 | −0.376% | $1.4M | $3.9M | — | as long as short |
| Aevo PONS-PERPshort | +0.0224% | 1h | 0.5980 | −0.126% | $373 | — | 3x | |
| Nado PONS-PERP | +0.0249% | 1h | 0.5965 | −0.380% | $70K | $129K | 5x | as long as short |
| OKX PONS-USDT-SWAPlong | +0.0312% | 4h | 0.5988 | long leg | $13.6M | $54.8M | 20x | |
| Lighter RH PONS | +0.0320% | 1h | 0.5968 | −0.334% | $400K | $2.5M | 3x | as long as short |
| Aster PONSUSDT | +0.0425% | 4h | 0.5967 | −0.350% | $1.1M | $2.1M | 20x | as long as short |
| Bybit PONSUSDT | +0.0459% | 4h | 0.5986 | −0.033% | $17.8M | $30.8M | 20x | as long as short |
| Bitget PONSUSDT | +0.0460% | 4h | 0.5989 | +0.025% | $4.6M | $11.5M | 20x | as long as short |
| BingX PONS-USDT | +0.0536% | 4h | 0.5991 | +0.050% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0568% | 4h | 0.5980 | −0.132% | $18K | $294K | 10x | as long as short |
| Extended PONS-USD | +0.0568% | 1h | 0.5964 | −0.405% | $107K | $809K | 5x | as long as short |
| MEXC PONS_USDT | +0.0570% | 4h | 0.5984 | −0.067% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0571% | 4h | 0.5983 | −0.088% | $39.1M | $94.9M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0646% | 4h | 0.5982 | −0.099% | $1.6M | $3.7M | 20x | as long as short |
| Hyperliquid PONS | +0.0717% | 1h | 0.5985 | −0.048% | $61.2M | $28.0M | 3x | as long as short |
| BloFin PONS-USDT | +0.0810% | 4h | 0.5974 | −0.234% | $1.7M | $953K | 20x | as long as short |
| Pacifica PONS | +0.0859% | 1h | 0.5965 | −0.391% | $47K | $67K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0900% | 1h | 0.5968 | −0.339% | $66K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1736% | 1h | 0.5981 | −0.124% | $31K | $104K | 3x | as long as short |
Phemex PONSUSDT
Variational Omni PONS
Nado PONS-PERP
Lighter RH PONS
Aster PONSUSDT
Bybit PONSUSDT
Bitget PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
KuCoin PONSUSDTM
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS