Funding you earn now, next payment 02:00 UTC+0.0194%/8h= +21.2% APRpaid last 24h +0.056%
Price spread now: Extended against OKX+0.013%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.013%, 7d avg +0.004%
=Together, before fees+0.308%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PONS-USDT-SWAP | 0.6050 | 0.0254 | pay 0.0127% / 4h | 2h 05m | $13.9M | $54.8M | 20x |
| Short | Extended PONS-USD | 0.6051 | 0.0448 | get 0.0056% / 1h | 5m 02s | $250K | $670K | 5x |
OKX PONS-USDT-SWAP
Extended PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $40.71
- Price spread: +0.013% → +0.004%
- $0.93
- Slippage, 4 orders
- −$60.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$34.32
- Costs to cover
- 0.760%
- Break-even
- 12.9 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 63 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 OKX live order book, 4 min ago | 1.65 bp | 12.2 bp −$12 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell Extended live order book, 63 min ago | 11.01 bp | 24.6 bp −$25 | 178.2 bp −$1,782 | doesn't fit | doesn't fit |
PONS on 29 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 | 0.6040 | −0.172% | $239K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.331% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6048 | −0.033% | $20K | $423K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6054 | +0.073% | $1.4M | $3.9M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6060 | +0.174% | $33K | $352K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6058 | +0.124% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6051 | +0.010% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6049 | −0.008% | $26K | $520K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6061 | +0.188% | $64K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6050 | 0.000% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0144% | 1h | 0.6049 | −0.018% | $424K | $2.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0192% | 1h | 0.6051 | +0.025% | $377 | — | 3x | as long as short |
| Lighter PONS | +0.0200% | 1h | 0.6049 | −0.017% | $1.7M | $889K | 3x | as long as short |
| OKX PONS-USDT-SWAPlong | +0.0254% | 4h | 0.6050 | long leg | $13.9M | $54.8M | 20x | |
| Nado PONS-PERP | +0.0269% | 1h | 0.6048 | −0.033% | $71K | $131K | 5x | as long as short |
| KuCoin PONSUSDTM | +0.0278% | 4h | 0.6051 | +0.020% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0356% | 4h | 0.6051 | +0.013% | $4.7M | $11.3M | 20x | as long as short |
| BingX PONS-USDT | +0.0410% | 4h | 0.6050 | 0.000% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0433% | 4h | 0.6048 | −0.033% | $18.1M | $30.5M | 20x | as long as short |
| edgeX PONSUSDC | +0.0440% | 4h | 0.6058 | +0.131% | $21K | $292K | 10x | as long as short |
| Aster PONSUSDT | +0.0440% | 4h | 0.6050 | +0.004% | $1.1M | $2.0M | 20x | as long as short |
| MEXC PONS_USDT | +0.0444% | 4h | 0.6051 | +0.017% | $7.8M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0445% | 4h | 0.6051 | +0.024% | $39.7M | $94.3M | 20x | as long as short |
| Extended PONS-USDshort | +0.0448% | 1h | 0.6051 | +0.013% | $250K | $670K | 5x | |
| Hyperliquid PONS | +0.0710% | 1h | 0.6052 | +0.041% | $61.7M | $27.8M | 3x | as long as short |
| Gate PONS_USDT | +0.0772% | 4h | 0.6045 | −0.083% | $5.3M | $6.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0774% | 1h | 0.6050 | 0.000% | $47K | $1.5M | 3x | as long as short |
| Pacifica PONS | +0.0869% | 1h | 0.6048 | −0.038% | $48K | $75K | 3x | as long as short |
| Phoenix PONS | +0.1695% | 1h | 0.6022 | −0.463% | $31K | $107K | 3x | as long as short |
Lighter RH PONS
Aevo PONS-PERP
Lighter PONS
Nado PONS-PERP
KuCoin PONSUSDTM
Bitget PONSUSDT
BingX PONS-USDT
Bybit PONSUSDT
edgeX PONSUSDC
Aster PONSUSDT
MEXC PONS_USDT
Binance PONSUSDT
Hyperliquid PONS
Gate PONS_USDT
Polymarket Perps PONS-USD
Pacifica PONS
Phoenix PONS