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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Orderly−0.025%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.025% cheaper against Orderly than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PONS_USDC_mythos0.62850.0100pay 0.0050% / 4h43m 03s$2K$4K10x
ShortSunX PONS-USDT0.62840.0100get 0.0050% / 4h43m 03s$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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: −0.025% → 0.000%
−$2.55
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$16.55
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell SunX live order book, 11 min ago106.19 bp125.9 bp −$126doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0029%1h0.6267−0.286%$238K150xas long as short
Popdex PONSUSDT+0.0096%1h0.6293+0.121%$18K$442K20xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6184−1.618%$30K$303K5xas long as short
Orderly PERP_PONS_USDC_mythoslong+0.0100%4h0.6285long leg$2K$4K10x
SunX PONS-USDTshort+0.0100%4h0.6284−0.025%$1.2M10x
SoDEX PONS-USD+0.0100%1h0.6288+0.033%$27K$632K3xas long as short
HTX PONS-USDT+0.0100%4h0.6290+0.076%$68K$536K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6273−0.197%$1.7M$3.2M20xas long as short
Nado PONS-PERP+0.0138%1h0.6281−0.070%$73K$130K5xas long as short
Aevo PONS-PERP+0.0224%1h0.6280−0.082%$3913xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PONS-USDT-SWAP+0.0424%4h0.6277−0.134%$14.3M$60.4M20xas long as short
Aster PONSUSDT+0.0513%4h0.6271−0.228%$1.2M$2.3M20xas long as short
Variational Omni PONS+0.0525%4h0.6174−1.776%$1.5M$4.1Mas long as short
edgeX PONSUSDC+0.0528%4h0.6159−2.016%$21K$291K10xas long as short
MEXC PONS_USDT+0.0564%4h0.6293+0.121%$8.2M$4.7M20xas long as short
KuCoin PONSUSDTM+0.0570%4h0.6288+0.037%$1.6M$3.9M20xas long as short
Pacifica PONS+0.0572%1h0.6271−0.232%$48K$68K3xas long as short
Extended PONS-USD+0.0576%1h0.6287+0.030%$105K$819K5xas long as short
Binance PONSUSDT+0.0576%4h0.6275−0.165%$40.6M$102.5M20xas long as short
BingX PONS-USDT+0.0660%4h0.6286+0.010%$3.1Mas long as short
Bybit PONSUSDT+0.0697%4h0.6270−0.245%$19.0M$32.2M20xas long as short
Bitget PONSUSDT+0.0704%4h0.6271−0.229%$4.9M$12.7M20xas long as short
Gate PONS_USDT+0.0794%4h0.6266−0.309%$5.5M$6.4M20xas long as short
BloFin PONS-USDT+0.0816%4h0.6279−0.102%$1.8M$995K20xas long as short
Lighter RH PONS+0.0888%1h0.6281−0.065%$454K$2.6M3xas long as short
Hyperliquid PONS+0.0916%1h0.6274−0.180%$63.9M$30.2M3xas long as short
Injective PONS/USDC PERP+0.1069%1h0.5938−5.519%$610$10K5.5xas long as short
Lighter PONS+0.1120%1h0.6284−0.024%$1.7M$844K3xas long as short
Phoenix PONS+0.1405%1h0.6180−1.671%$47K$127K3xas long as short
Polymarket Perps PONS-USD+0.1502%1h0.6296+0.169%$96K$2.2M3xas long as short